Refining

China's Sinopec starts construction of Zhanjiang refinery

BEIJING (Reuters) -- China's Sinopec Group has begun construction of a long-planned refinery and petrochemical complex in the southern city of Zhanjiang, the company said on its website on Wednesday.

Saudi Aramco, Pertamina sign JV agreement for refinery project

Saudi Aramco and PT Pertamina, Indonesia’s state oil and gas company, signed a JV development agreement (JVDA), enabling further progress to jointly own, upgrade and operate the Cilacap Refinery in central Java, Indonesia.

US refiners cash in on Mexico's record fuel imports

NEW YORK/HOUSTON (Reuters) -- US Gulf Coast refiners are cashing in on rising fuel demand from Mexico, shipping record volumes to a southern neighbor that has failed to expand its refining network to supply a fast-growing economy.

Shell completes the sale of Shell Refining Company in Malaysia

Shell has completed the sale of its 51% shareholding in the Shell Refining Company Berhad in Malaysia, which includes the 125,000-bpd refinery in Port Dickson, to Malaysia Hengyuan International Limited for $66.3 million.

EIA: Crude stocks rise unexpectedly, product inventories down

(Reuters) -- US crude stocks rose last week as refineries hiked output, while gasoline stocks decreased and distillate inventories fell, the Energy Information Administration said on Wednesday.

Asia set for biggest refining capacity jump in three years

SINGAPORE (Reuters) -- Asia will post its biggest net refining capacity addition in three years in 2017, further boosting demand for crude in the world's biggest and fastest growing oil consuming region.

Three new reactors arrive at ExxonMobil's Rotterdam refinery

Three brand new reactors for ExxonMobil’s new hydrocracker arrived at the Rotterdam, Netherlands, refinery site last week. After the arrival of the vacuum tower early this fall, the arrival of the new reactors highlights the progress of the construction that is well underway at the Rotterdam refinery.

Russia’s first catalyst test center opens at the Gazprom Neft refinery

Gazprom Neft has opened an engineering center for the testing of secondary-refining catalysts in Omsk. Russia’s first ever pilot facility for catalytic cracking has begun work within the center, allowing catalysts to be tested on various types of feedstock, as well as identifying the conditions and regimes most appropriate for catalytic cracking facilities throughout Russia’s refineries.

Saudi Arabia crude exports fall, refined products rose

DUBAI (Reuters) -- Saudi Arabia's crude oil exports fell in October by 176,000 bpd from the month before, despite high production, but its refined products shipments rose as the kingdom expands its refining power, official data showed on Monday.

Idemitsu buys fewer Showa Shell shares after family opposes deal

TOKYO (Reuters) -- Idemitsu Kosan Co said on Monday it completed the purchase of just under a third of rival refiner Showa Shell Sekiyu KK, cutting the amount of shares it planned to buy after facing opposition from Idemitsu's founding family.