Refining
PetroChina Dalian refinery exports first Australian-spec diesel cargo
BEIJING (Reuters) -- PetroChina's Dalian oil refinery exported on Feb. 27 a 40,000 t cargo of diesel fuel with that met Australian fuel quality specifications, the first shipment of its kind from China, according to a statement posted on the website of the state assets regulator on Monday.
Guyana says future oil output could be refined in Trinidad, Suriname
GEORGETOWN (Reuters) -- The South American nation of Guyana could send future oil production to Trinidad and Tobago or Suriname for refining, a government official said on Thursday.
China's largest 'teapot' refiner, CEFC team up in Shandong oil terminal venture
BEIJING (Reuters) -- Dongming Petrochemical, China's largest independent or 'teapot' refiner, has signed a deal with privately run CEFC China Energy and a local port authority to build a crude oil terminal in Shandong province, seeking to ease a logistics bottleneck gripping the country's teapot oil sector.
Saudi Arabia may raise light crude price to Asia for third straight month in April
(Reuters) -- Top oil exporter Saudi Arabia could raise the price of Arab Light crude it sells to Asia in April for a third straight month after Middle East benchmark Dubai crude strengthened on OPEC cuts, four of seven respondents said in a Reuters survey of refiners and traders on Wednesday.
China’s Sinopec to spend $29 B upgrading four refining bases
BEIJING (Reuters) -- China's Sinopec group, parent of Sinopec Corp, will invest $29.05 billion to upgrade four refining bases between 2016 and 2020 to produce higher-quality fuels, the company said in an emailed statement on Thursday.
EIA: Planned refinery outages through first half of 2017 not expected to affect availability
The US Energy Information Administration's (EIA) latest analysis of planned refinery outages during the first half of 2017 finds that such outages are not expected to cause a shortfall in the supply of petroleum products including gasoline, jet fuel, and distillate fuel, relative to expected demand, either nationally or within any US region. This result occurs despite the current high level of US gasoline demand, which in 2016 was as high as or higher than in any past year.
Air Products wins Marathon Petroleum hydrogen supply agreement
LEHIGH VALLEY, Pa. -- Air Products, an industrial gases company, announced it has been awarded the long-term supply of approximately 30 million standard cubic feet per day of hydrogen by Marathon Petroleum Company LP for its Garyville, Louisiana refinery. This new supply award, to begin in November 2017, is in addition to volumes of hydrogen Air Products already provides Marathon Petroleum at its Garyville refinery.
Nigerian lawmakers to investigate $17-B subsidies received by state oil firm
ABUJA (Reuters) -- Nigeria's upper house of parliament will investigate allegations the state oil company illegally inflated funds it collected from an official subsidy scheme to $17 billion between 2006 and 2015, lawmakers said on Wednesday.
Sinopec to start operating Zhanjiang commercial oil tanks; SPR site delayed
BEIJING (Reuters) -- Sinopec Corp is expected to start operating by June a new commercial crude oil tank farm in the southern Chinese city of Zhanjiang, where a large strategic reserve site is also under construction, three industry sources said this week.
Zachry Group acquires Ambitech Engineering Corporation
SAN ANTONIO -- Zachry Group announced that it has acquired Chicago-based Ambitech Engineering Corporation, a global, full-service provider of engineering, design, project management, procurement and construction management services.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- India permits Iranian oil tankers to berth for Reliance 4/10
- TotalEnergies says SATORP refinery in Saudi Arabia damaged after incidents 4/10
- Australia, Singapore leaders pledge closer energy ties to tackle global supply shock 4/10
- Ireland facing 'very severe' situation due to protester fuel blockades, PM says 4/10
- Europe could face jet fuel crunch within weeks, airports body warns 4/10
