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Refining

Damaged New Zealand fuel pipeline restarted

SYDNEY (Reuters) — A damaged pipeline that resulted in a fuel shortage across New Zealand and grounded hundreds of flights was restarted on Sunday after repairs were completed, officials said.

Japan's Cosmo Oil to boost diesel output to meet demand from ships from 2020

SINGAPORE (Reuters) — Japan's Cosmo Oil plans to increase diesel output at its Sakai refinery in Osaka, looking to capitalize on an expected jump in demand when a global mandate for ships to switch to cleaner fuels kicks in from 2020, its top executives said.

China's state planner approves new oil refinery in Hebei province

BEIJING (Reuters) — The Hebei provincial division of China's National Development and Reform Commission (NDRC) said on Monday that it approved a refinery project owned by private company Risun Coal Chemicals Co.

French unions block fuel depots in protest against labor reforms

PARIS (Reuters) — French trade unionists blocked access on Monday to several fuel depots in protest against an overhaul of employment laws, seeking to test the government's will to reform the economy.

India's refining capacity expansions lags growth in fuel demand

SINGAPORE (Reuters) — India may export fewer fuels in the next four years as growth in the demand for oil products is rising faster than new refining to produce them is being added, an Essar Oil company executive said on Monday.

Sri Lanka in talks with two Chinese firms for $3 B refinery

COLOMBO (Reuters) — Sri Lanka is in talks with two Chinese companies about investing up to $3 B to build in a new refinery at its Chinese-controlled port, a top government official said on Friday.

Japan's Idemitsu shuts Chiba naphtha cracker

TOKYO (Reuters) — Japan's Idemitsu Kosan shut the 414,000 tpy Chiba naphtha cracker on Friday to increase its capacity to process propane, an industry source familiar with the matter said.

Secretary of Energy announces integrated biorefinery optimization projects

WASHINGTON, D.C. — US Secretary of Energy Rick Perry announced that the Department of Energy (DOE) has selected eight projects to negotiate for up to $15 MM in total DOE funding to optimize integrated biorefineries.

ExxonMobil Baytown, Beaumont refineries begin fuels production

IRVING, Texas — ExxonMobil said that its Baytown and Beaumont refineries have begun producing fuels at reduced rates and that crude oil and refined product pipelines in the Gulf and other regions of Texas have restarted as recovery continues from Hurricane Harvey.

Phillips 66 to sell assets to MLP in $2.4-B deal

(Reuters) — Phillips 66 Partners LP, the master limited partnership (MLP) of Phillips 66, said it would buy assets from the refiner in a deal valued at $2.4 B, including debt, in its biggest acquisition ever.