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Refining

Mexican agency finds irregularities in Pemex, Odebrecht contract

MEXICO CITY (Reuters) — Mexico's top anti-corruption agency said on Monday it had identified $6.7 MM in "new irregularities" from a contract between state oil company Pemex and Odebrecht, the Brazilian engineering firm that has admitted paying bribes in a dozen countries in recent years.

Profits on producing gasoil, jet fuel soar in Asia as demand outpaces supply

SINGAPORE (Reuters) — Profits on churning out barrels of gasoil and jet fuel in Asia could keep climbing after marking their highest in nearly two years this month, boosted as demand outpaces supply hit by a string of refinery outages both internationally and in the region.

US Gulf refiners rumble back to life, piece by piece

HOUSTON (Reuters) — US refineries are restarting after Hurricane Harvey forced them to shut down two weeks ago, raising the risk of fires and explosions that could prolong fuel supply disruption as plants simultaneously reheat units and reactivate catalysts.

Shell eyes Asia, aims to expand vehicle recharging at fuel stations

LONDON (Reuters) — Royal Dutch Shell aims to expand marketing operations in Asia and wants 20% of sales from its fuel stations worldwide to come from recharging electric vehicles and low carbon fuels by 2025, as the world shifts away from crude.

Largest US refinery restarts production after Harvey

HOUSTON (Reuters) — The largest US refinery was restarting production on Monday for the first time since being shut nearly two weeks ago by Hurricane Harvey, said sources familiar with plant operations.

EIA: Hurricane Harvey caused US Gulf Coast refinery runs to drop, gasoline prices to rise

Hurricane Harvey caused substantial disruptions to crude oil and petroleum product supply chains and increased petroleum product prices. For the week ending Sept. 1, gross inputs to refineries in the US Gulf Coast fell by 3.2 MMbpd, or 34%, from the previous week, the largest drop since Hurricanes Gustav and Ike in 2008.

China's teapot plants form new club to beat rivals

BEIJING (Reuters) — A group of independent Chinese oil refiners is clubbing together to survive an onslaught by state-owned giants and the rise of private chemical giants, but industry analysts said the new alliance may find it hard to stick.

Harvey may pinch some Gulf Coast refining, chemical projects

NEW YORK/HOUSTON (Reuters) — Oil and petrochemical plants along the US Gulf Coast intend to go ahead with plans for near record spending on expansions next year, despite Hurricane Harvey driving up labor costs and slowing work, experts said.

Croatia could turn its smallest refinery into biomass plant

ZAGREB (Reuters) — Croatia’s loss-making refinery in the central town of Sisak could be turned into logistics center and a facility to refine biomass, consultants Deloitte have proposed.

Magellan Midstream to expand Texas refined petroleum products pipeline system

TULSA, Okla. — Magellan Midstream Partners, L.P. announced plans to expand its refined petroleum products pipeline system to handle incremental demand for transportation of gasoline, diesel fuel and jet fuel to central and north Texas markets.