Refining
Repsol profit leaps on refining and crude price gains
MADRID (Reuters) — Spanish oil major Repsol posted close to a 90% jump in third-quarter adjusted net profit after higher oil prices boosted its production division while its refining arm remained highly profitable.
Thai refiner IRPC's quarterly profit more than doubles on rising oil prices
BANGKOK (Reuters) — Thai oil refiner IRPC Pcl's net profit more than doubled in the third quarter as the subsidiary of energy giant PTT Group benefited from rising oil prices and higher margins on its chemical products.
CB&I awarded engineering, procurement, supply contract for LUKOIL
THE WOODLANDS, Texas — CB&I announced it has been awarded a contract by LUKOIL NizhegorodNefteorgSyntez, a subsidiary of JSC LUKOIL, for the detailed engineering, procurement and supply of process equipment, including two proprietary delayed coking heaters for the Deep Conversion Complex in Kstovo City, central Russia.
Puma Energy expands operations into Pakistan
KARACHI, PAKISTAN — Puma Energy, the globally integrated midstream and downstream energy company, has successfully concluded an agreement with the Chishti Group to acquire 51% interest in Admore Gas Pvt. Ltd (Admore).
Emergency triggers halt in Petrobras refinery operation
RIO DE JANEIRO (Reuters) — A refinery belonging Brazilian state-run oil company Petroleo Brasileiro SA was shut down for an emergency on Wednesday for the third time in less than 30 days, a labor union said in a press release.
Honda says fuel from Shell, Total, PSO harms engines in Pakistan
ISLAMABAD (Reuters) — Pakistan's state oil and gas regulator said on Thursday it would investigate a complaint that fuel suppliers including local units of Shell and Total as well as Pakistan State Oil (PSO) had added manganese to their gasoline.
Report: Quarter of oil refineries risk closure under climate goals
LONDON (Reuters) — A quarter of the world's oil refineries risk closure by 2035 if governments meet targets to limit fossil fuel burning in the fight against global warming, a report released on Thursday said.
Shell cancels plan to close Convent refinery gasoline unit
HOUSTON (Reuters) — Royal Dutch Shell Plc has shelved a plan to permanently close the gasoline-producing unit at its 227,586-bpd Convent, Louisiana, oil refinery in early 2018, the company said on Thursday.
BPCL ramps up run rate at Kochi refinery after expansion
SINGAPORE (Reuters) — India's Bharat Petroleum Corp Ltd (BPCL) has ramped up the operating rate of its Kochi oil refinery after completing an expansion at the plant in southern India, two sources with direct knowledge of the matter said on Thursday.
One worker dies in fire at Russia's Yaroslavl oil refinery
MOSCOW (Reuters) — One worker has died and another was injured when a crude oil distillation unit at an oil refinery in the Russian city of Yaroslavl caught fire on Wednesday, the refinery said.
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- Japan weighs new release of about 20 days' worth of oil from reserves 4/9
- Germany probes Klesch's planned purchase of bp refinery 4/9
