Maintenance & Reliability
PBF Energy's Martinez refinery (California, U.S.) repairs to cost $30 million
Independent U.S. refiner PBF Energy said it is starting repairs at its fire-damaged 156,400-bpd Martinez refinery in California and estimates the cost of repairs to be $30 million.
Chinese CNOOC to launch $2.7-B upgraded refinery complex
State-controlled China National Offshore Oil Company (CNOOC) is set to launch a refinery and petrochemicals complex later this year, following a $2.74-B upgrade.
Lubrication Engineers to acquire industrial brands and products of Royal Purple
Lubrication Engineers Inc. (LE), a leading developer and manufacturer of high-performance industrial lubricants and asset reliability solutions, has entered into a definitive agreement to acquire the industrial brands and products of Royal Purple (RPI), a leading provider of specialty synthetic performance lubricants and greases for diversified industrial applications.
S. Korea's SK Energy shuts crude unit for 2-week overhaul
South Korea's SK Energy plans to restart the 170,000-bpd crude distillation unit (CDU) at its Ulsan refinery in next two weeks after maintenance work.
Japan's Eneos shuts 141,000-bpd Sakai CDU after a fire
Japan's biggest refiner, Eneos Corp., shut down a 141,000- bpd crude distillation unit (CDU) at its Sakai refinery on February 17 after a fire there that day.
U.S. Republican senators call for $1,000 tax on new EV sales to pay for road repairs
A group of Senate Republicans on Wednesday proposed a $1,000 tax on new electric vehicle purchases to account for the cost of federal road repairs. Most revenue for federally funded road repairs is collected through taxes on diesel and gasoline, which EVs do not pay.
U.S. crude stockpiles build on ongoing refinery maintenance
U.S. crude oil inventories rose last week as refinery maintenance continued, while gasoline stockpiles posted a surprise draw.
Lyondell completes shutdown of Houston refinery
Lyondell Basell Industries has completed the final shutdown of its 263,776-bpd Houston, Texas (U.S.) refinery.
EIA: U.S. crude inventories surge amid refinery maintenance season
U.S. crude oil inventories rose sharply last week as demand softened on ongoing refinery maintenance, the U.S. Energy Information Administration (EIA) said on Wednesday.
Alfa Laval to acquire NRG Marine, offering ultrasonic anti-fouling solutions
Alfa Laval has signed an agreement to acquire NRG Marine, a leading provider of ultrasonic anti-fouling solutions for marine, oil and gas, and industrial applications, headquartered in the UK.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
