Refining

Amber Energy plans to hold on to Citgo refineries after takeover

A Delaware court last week approved Amber's $5.9-B bid for Citgo's parent PDV Holding and ordered the sale of PDV's shares, wrapping up an auction aimed at compensating creditors for debt defaults and expropriations in Venezuela.

ICEs are now officially a minority in the EU

ZDA issues investor license for state-of-the-art oil refinery in Zambia

The refinery will be developed under a Special Purpose Vehicle (SPV) arrangement between the Industrial Development Corporation (IDC) and Xiang Xin Holding Co. Ltd., and will be located within the Sub Sahara Gemstone Exchange Industrial Park in Ndola. This strategic investment is set to boost Zambia’s industrialization agenda.

Update: bp Olympic Pipeline begins restart process after completing repairs

The Olympic Pipeline moves refined petroleum products including gasoline, diesel and jet fuel from northern Washington to Oregon and consists of one 16-in. diameter pipeline and one 20-in. pipeline.

Serbia says U.S.-sanctioned NIS oil refinery idle until Dec. 2, seeks sanctions waiver

The U.S. Treasury Department’s Office of Foreign Assets Control imposed sanctions on NIS in October, as part of wider sanctions against Russia's energy industry, after a series of waivers since January.

Accelerate the transition to low-carbon fuels through digitalization and co-processing

Leverage advanced analytics to drive productivity and augment process expertise

Mexico's Pemex pumps less, refines more at home in October, data shows

Its seven local refineries refined 43% more year-on-year, reaching 1.04 MMbpd, helped in part by the Olmeca refinery in the port of Dos Bocas, which processed 191,657 bpd.

Insight: How sanctions made a showpiece Chinese refinery's Western partners run for the exits

Yulong's ambition to rub shoulders with global heavyweights, backed by Beijing's push to modernize its refiners, was upended on October 15, when the UK sanctioned it for dealing in Russian oil.

Honeywell picked to help fulfill ambitious Dangote refinery capacity expansion

The agreement will allow Dangote to process a broader range of crude grades to help support the planned expansion in output with the help of Honeywell's catalysts and equipment.