Economics
China's Sinopec agrees terms for potential Kazakhstan polyethylene investment
China's Sinopec and Kazakh state-owned oil and gas company KazMunayGaz have agreed key terms for a potential investment in a polyethylene plant in Kazakhstan's western Atyrau region.
Shell reports 'operational upset' at unit in Singapore complex
A unit at Shell's Pulau Bukom refinery and petrochemical complex in Singapore experienced an "operational upset".
India plans to fill Mangalore SPR with 5.5 MM barrels of oil after Oct
India plans to import about 5.5 million barrels of crude oil after October to fill part of its Mangalore strategic petroleum reserve in southern Karnataka state and may change the crude grade at another facility.
Maire Tecnimont wins deal to design $1.5-B polypropylene plant in Vietnam
Vietnam's Stavian Quang Yen Petrochemical JSC said it had awarded a contract to design a $1.5-B polypropylene plant in the country to Italian engineering group Maire Tecnimont.
Oil prices dip with all eyes on U.S. debt talks
Oil prices dipped as traders warily watched for signs of progress on talks to raise the U.S. debt ceiling, after surging in the previous session on optimism over U.S. fuel demand.
U.S. refiners build new oil processing as travel rises
U.S. oil refiners aim to run at up to 94% of a total 17.9 million bpd processing capacity this quarter, according to company forecasts and analysts, driven in part by expectations of seasonal travel demand.
Crews responding to fire at Valero's Corpus Christi refinery
Crews are responding to a fire within the 290,000 barrel-per-day Valero Energy Corp's Corpus Christi West refinery in Texas, according to a community alert.
EPA sends final biofuel blending mandate rule to White House for review
The U.S. Environmental Protection Agency has sent a final rule on the amount of ethanol and other biofuels that oil refiners must blend into their fuel over the next three years to the White House for review putting it on track to meet a June deadline to finalize the mandates.
India's Russian oil buying hits record high, slashes Mideast, Africa share
India's oil imports from Russia rose to a fresh record high in April, further reducing the share of Middle Eastern and African grades to their lowest level in at least 22 years.
bp targets farms and feedstock as biofuel race gathers pace
bp is considering buying stakes in biofuel feedstock producers and investing directly in farming ventures to secure supplies as the global race for the low-carbon fuel gathers pace.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy refinery-petrochemicals integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- thyssenkrupp Uhde completes pre-FEED for HAMR Energy’s renewable fuels project in Australia 8/21
