Crude oil
US refinery margins rise in all five regions
Refining margins rose in all five US regional petroleum districts in the week ended November 4, according to Credit Suisse.
Genoil signs $50-B letter of intent to develop integrated oil project in Russia
Genoil Inc. has signed a $50-B letter of intent to develop oil fields and construct clean technology upgraders, refineries and pipelines in Russia.
Brazil's Petrobras to cut diesel, gasoline prices as oil falls
State-controlled Petróleo Brasileiro SA said it plans to cut diesel and gasoline prices at the refinery point, following a decline in oil prices.
China company signs MOU with BP to supply crude to Isla refinery
Commodity trader Guangdong Zhenrong Energy Co. has signed a memorandum of understanding (MOU) with BP for commercial cooperation on an oil refinery in the Caribbean.
Obama says US mulling alternate routes for North Dakota pipeline
President Barack Obama said the US government is examining ways to reroute an oil pipeline in North Dakota as it addresses concerns raised by Native American tribes protesting against its construction.
Saudi crude will continue to be supplied to PKN ORLEN refineries
PKN ORLEN has extended its contract with Saudi Aramco as a supplier of crude oil to its refineries in Poland, the Czech Republic, and Lithuania until December 31, 2017.
Industry Metrics
US margins fell due to the slowing of domestic gasoline demand, as the driving season ended amid high inventories.
Business Trends: Global refining overview—Part 3
<i>Hydrocarbon Processing</i> continues its series on the global refining industry. This series provides a detailed outlook on the state of the global refining sector, active and new project developments, and an overview of major refining trends in each region. Part 3 provides an overview of the refining sectors of Canada, Latin America and the US.
Refining: High-impact challenges in today’s global refining market
To stay competitive and thrive in today’s uncertain and volatile energy market that is characterized by major shifts in supply and demand dynamics, refiners must find ways to increase operational efficiencies, maximize productivity and produce refined products at lower costs.
China refineries gobble up Angolan oil in rush to year end
China's loadings of West African crude are set to hit their highest in more than two years in November as the nation's refineries race to stock up and offset falling domestic oil production.
- Wood to design upgrades at Ecopetrol refinery for cleaner fuels production 6/24
- Saudi Arabia's CMDC (BCI group) awards thyssenkrupp nucera key contract for chlor-alkali plant expansion in Jubail 6/24
- EU imposes measures to curb ethanol imports from Pakistan 6/24
- China doubles 2025 naphtha import quotas 6/24
- BEL Valves supplies six-figure order for Europe’s largest processing plant 6/24
- INEOS responds to UK Government's industrial strategy 6/24
