Management

Vietnam's Binh Son refinery signs deal with SOCAR Trading for crude oil supplies

Vietnam's Binh Son Refining and Petrochemical said it had signed an agreement with Azerbaijan's SOCAR Trading for long-term crude oil supplies.

U.S. imposes Iran-related sanctions on third China 'teapot' refinery, ports

U.S. President Donald Trump's administration imposed sanctions on a third Chinese independent - or "teapot" - oil refinery, and port terminal operators in China for purchases of Iranian oil.

CPChem agrees to sell interest in Singapore polyethylene manufacturing joint venture

Chevron Phillips Chemical announced  that the shareholders of Chevron Phillips Singapore Chemicals have agreed to sell 100% of their shares to Aster Chemicals and Energy through its affiliate Chandra Asri. Aster is a joint venture company between Chandra Asri and Glencore.

HP People

Gulf Energy Information’s Lee Nichols recognized with prestigious G. D. Crain Jr. Award

Hydrocarbon value chain optimization: Non-CAPEX opportunities to improve gross margins for the downstream sector—Part 2

Part 2 will outline additional opportunities across quality giveaway reduction, hydrocarbon loss measurement, refinery mass balance and energy management in downstream functions without the need for capital expenditure (CAPEX) or software infrastructure upgrades.

Manage reliability and asset management performance by implementing a reliable operations committee program

This article examines how the author's company instituted a reliable operations committee program at its refinery in Yanbu, Saudi Arabia. The main goal of the program is to oversee the implementation and performance of maintenance and reliability programs to ensure a culture of optimum reliability and endorse new initiatives and programs that enhance maintenance performance in the facility.

Phase-gate process for optimal turnaround performance: Long-range turnaround planning

The volume of turnaround (TAR) work in a limited physical space and within a compressed timeframe presents challenges for securing the required qualified workforce and ensuring quality control and health, safety and environment. For these reasons, excellent TAR planning is critical for successful outcomes. 

INEOS CEO Sir Jim Ratcliffe: Carbon tax and high energy costs are killing off manufacturing in Britain

Grangemouth refinery (Scotland) ceases crude oil processing, transitions into import terminal

Scotland's only oil refinery ceased crude oil processing as of Tuesday, operator Petroineos said in a statement, as the site transitions to an import terminal.

Sri Lanka to begin talks with India, UAE for new energy hub

Sri Lanka will start work next month on plans to develop an energy hub with India and the United Arab Emirates, as the nation looks to leverage its strategic location to cement a recovery from a financial crisis.