Refining
ExxonMobil CEO makes first big changes to refining
HOUSTON (Reuters) — ExxonMobil Corp Chief Executive Darren Woods is reorganizing the company's refining operations, part of a push to boost profits amid volatile oil and natural gas prices, the company said on Monday.
Hellenic Petroleum sees adjusted EBITDA above €947 MM this year
ATHENS (Reuters) — Greece’s largest oil refiner Hellenic Petroleum expects its core profit to exceed $947.84 MM this year, Chairman Efstathios Tsotsoros said on Thursday.
Eni's Italian refineries at risk of shutdown after tax evasion probe
MILAN (Reuters) — Italy’s Eni said on Wednesday its refineries in Italy were at risk of shutdown after Italian tax police seized assets as part of a probe into alleged tax evasion.
Detained Venezuelan-US Citgo executives to be tried as "traitors"
WASHINGTON/CARACAS (Reuters) — Venezuelan President Nicolas Maduro said on Wednesday that Venezuelan-American executives at refiner Citgo who were arrested in a corruption sweep this week would be tried as "corrupt, thieving traitors" despite a request by the United States to free them.
China independent refiners group applied for 2018 fuel export quotas
SHANGHAI (Reuters) — A newly formed group of China's independent oil refiners filed an application with the country's Ministry of Commerce on Wednesday for fuel export quotas next year, a source with one of the group's member companies said on Thursday.
Iran pushes to retain Asia oil buyers as possible US sanctions loom
SINGAPORE (Reuters) — Iran is pushing to retain customers for its oil in Asia, hoping that price reductions will boost the appeal of its crude compared with other Middle Eastern supply even as the potential threat of further US sanctions on the country looms.
Venezuela arrests head of US refiner Citgo in graft sweep
CARACAS (Reuters) — Venezuelan authorities arrested the acting president of its US-based refiner Citgo and five of the subsidiary's top executives on Tuesday as part of a spiraling corruption purge in the OPEC country's oil industry.
First phase of CITGO Aruba Refinery camp almost complete
SAN NICOLAS, Aruba — The first phase of an envisioned 1,500-bed man camp that will house workers needed to support the CITGO Aruba Refinery refurbishment project on the island is almost complete.
South Africa eyes BRICS partners to build new $10 B refinery
CAPE TOWN (Reuters) — South Africa wants the national oil companies of its BRICS partners to help build a new 400,000-bpd refinery that will be structured by senior debt and equity, energy minister David Mahlobo said on Tuesday.
Catcracker halted at Venezuela's Cardon refinery
PUNTO FIJO, Venezuela (Reuters) — The catalytic cracker at Venezuela’s 310,000 bpd Cardon refinery has stopped due to faults, a union leader and two workers said on Friday.
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