Refining
ADNOC cuts Sept crude allocation to 2 buyers by 10%
SINGAPORE (Reuters) — Abu Dhabi National Oil Co (ADNOC) notified two term buyers in Asia that they will receive 10% less crude for September, two sources familiar with the matter said on Tuesday.
Chinese oil trader Unipec seeks closer ties with teapot refiners
BEIJING (Reuters) — State oil trader Unipec will develop "really strong" ties with China's independent refiners, said a company executive on Tuesday, even as they present a growing challenge to its parent and Asia's top refiner, Sinopec Corp.
Vietnam's fuel imports may drop as Dung Quat oil refinery tax cut finally felt
SINGAPORE/HANOI (Reuters) — Vietnam's fuel imports may drop as the effects of a tax cut on sales of gasoline and diesel fuel from the country's Dung Quat oil refinery start to be felt as earlier term contracts expire.
Port Corpus Christi approves 41-acre lease agreement with Howard Energy Partners
CORPUS CHRISTI, TX — The Port of Corpus Christi announced the approval of a long-term lease agreement with Maverick Terminals Corpus LLC, a subsidiary of Howard Energy Partners. The 30-yr lease agreement was approved unanimously by port commissioners for approximately 41 acres of land on the north side of the Corpus Christi Ship Channel in the Inner Harbor.
SNC-Lavalin awarded FEED conversion to EPC contract by Brahms Oil Refineries
MONTREAL — SNC-Lavalin has been awarded a contract by Brahms Oil Refineries Limited to undertake a front-end engineering design (FEED) conversion to EPC contract for a 10,000-bpd crude oil refinery in Kamsar, Guinea. The FEED will provide a budget cost estimate to obtain a final investment decision (FID) for the project in the third quarter of 2017.
India sets up panel to quicken govt's stake sale in HPCL to ONGC
NEW DELHI (Reuters) — India has decided to set up a panel headed by Finance Minister Arun Jaitley to expedite the sale of government's stake in refiner Hindustan Petroleum Corp to explorer Oil and Natural Gas Corp, Oil Minister Dharmendra Pradhan said.
Saudi refinery operations not affected by transformer fire
KHOBAR, Saudi Arabia (Reuters) — The Saudi Aramco Mobile Refinery (SAMREF) at Yanbu is operating normally after a fire hit a power transformer at the gate of the facility on Saturday, a spokesman for a Saudi government body was quoted as saying on the state news agency.
China unveils plans to expand, upgrade oil and gas pipelines
The National Development and Reform Commission (NDRC) and National Energy Administration (NEA) unveiled plans to expand and upgrade China’s oil and gas pipeline network over the next decade.
Chevron Phillips chemicals selects Audubon for main contractor framework agreement
HOUSTON, TX — Audubon Engineering Solutions, a global provider of engineering, procurement, and construction (EPC) services for the oil & gas, petrochemical, refining, and pipeline markets, announced that it has signed a teaming agreement with Chevron Phillips Chemical to provide capital-engineering services for their Gulf Coast Facilities.
Russia, Venezuela discuss Citgo collateral deal to avoid US sanctions
CARACAS/HOUSTON (Reuters) — Russia's top oil producer Rosneft is negotiating to swap its collateral in Venezuelan-owned, US-based refiner Citgo for oilfield stakes and a fuel supply deal—a move to avoid complications from US sanctions, two sources with knowledge of the negotiations told Reuters.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
