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Refining

Koch-Glitsch forms partnership for data analytics solutions

WICHITA, Kan. — Koch-Glitsch and EFT Analytics announced a partnership to provide full service process engineering and advanced data analytics solutions to enhance operations for refineries and petrochemical plants.

Winter storm challenges US East Coast energy complex

NEW YORK (Reuters) — The US energy industry is facing a massive test of its infrastructure as an intense winter storm roars up the Atlantic Coast, threatening power outages, refinery shutdowns and spikes in heating prices.

Curacao nixes refinery operation deal with China firm

(Reuters) — The government of Curacao has scrapped a preliminary agreement with China’s Guangdong Zhenrong Energy (GZE) to operate the island's aging Isla refinery, saying the company misrepresented itself and was unable to take on such a large endeavor.

Shell to retain ownership of A/S Dansk Shell

Shell announces today that the agreement it signed with Dansk Olieselskab AS (DO) in September 2016 regarding the sale of A/S Dansk Shell, which consists of the Fredericia refinery and local trading and supply activities, has terminated and the sale will not complete.

Chevron Phillips ethane cracker at Cedar Bayou hits milestone

​Chevron Phillips Chemical Company LP announced that its world-scale ethane cracker at Cedar Bayou in Baytown, Texas successfully achieved the major milestone of mechanical completion.

After Trump criticism, China denies selling oil illicitly to N.Korea

BEIJING/WASHINGTON (Reuters) — China on Friday denied reports it has been illicitly selling oil products to North Korea after US President Donald Trump said he was not happy that China had allowed oil to reach the isolated nation.

China raises 1st batch of 2018 oil product export quotas by 30%

SINGAPORE (Reuters) — China raised refined products export quotas to its four state oil majors by 30 percent in the first batch of allowances for 2018, a document reviewed by Reuters showed on Thursday.

PKN Orlen launches planned bid for Czech unit Unipetrol

PRAGUE (Reuters) — Poland’s biggest oil refiner PKN Orlen on Thursday offered 380 crowns for each remaining share in its Czech downstream oil unit Unipetrol.

Explosion at major Venezuela refinery injures two

PUNTO FIJO, Venezuela (Reuters) — A furnace exploded during a unit restart at Venezuela’s largest refining complex, injuring two workers, a union leader and a family member of one of the victims said on Wednesday.

Asia's monthly Iran oil imports skid to lowest in Nov since Apr 2016

TOKYO (Reuters) — Imports of Iranian crude oil by major buyers in Asia tumbled 29% in November from the same month a year ago to the lowest volumes since April 2016, government and ship-tracking data showed.