Refining
Iraq announces increase in Kirkuk oil refinery capacity
BAGHDAD (Reuters) -- Iraq has added a processing unit to the Kirkuk oil refinery, increasing the plant's capacity by 10,000 bpd, the oil ministry said in a statement on Wednesday.
Oil-for-loan debts cost Venezuela's PDVSA hard-won India market share
CARACAS/HOUSTON/NEW DELHI (Reuters) -- Venezuela's state-run oil company, PDVSA, has spent at least a decade trying to build business ties and boost shipments to refineries in India, where crowds once welcomed the late socialist leader Hugo Chavez with cries of "Viva!"
People
Linde Engineering North America (LENA) has appointed Jason Cooper as President and CEO.
Saudi Aramco, Shell to separate Motiva assets
HOUSTON -- Saudi Arabian Oil Company and Royal Dutch Shell plc announce the signing of binding definitive agreements between Saudi Refining, Inc. -- a wholly owned subsidiary of Saudi Aramco -- and SOPC Holdings East LLC -- a US downstream subsidiary of Shell -- on the separation of assets, liabilities and businesses of Motiva Enterprises LLC.
Amec awarded Shell global downstream framework agreement
Amec Foster Wheeler announced the award of a five-year global Enterprise Framework Agreement (EFA) with Shell Global Solutions International, B.V. to provide engineering, procurement and construction management (EPCM) services for its downstream projects worldwide.
Burning less oil at home will help Saudi exports and Aramco IPO
DUBAI (Reuters) -- Saudi Arabia is likely to reduce the amount of oil it burns to generate power this summer as the kingdom hikes domestic energy prices and uses more natural gas in power stations, industry sources said.
Exxon to invest $20 B on US Gulf Coast refining projects
HOUSTON (Reuters) -- ExxonMobil Corp, the world's largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants on the US Gulf Coast.
CERAWeek ’17: IEA expects global oil demand to rise, outpace supply after 2020
HOUSTON -- Global oil demand will continue to rise in the next five years, dominated by India and Asia, the International Energy Agency said Monday, March 6, during the first day of CERAWeek in Houston.
Oil whipsaws as production seen rising, more OPEC cuts discussed
NEW YORK (Reuters) -- Oil prices whipsawed Monday, turning negative after the International Energy Agency forecast potential shale oil growth and waning European refined product demand, which bodes poorly for global efforts to remove a glut.
White House weighs US biofuels program change, no position yet -official
WASHINGTON (Reuters) -- The Trump administration is reviewing the possibility of a key change to US biofuels policy requested by oil refiners and Carl Icahn, the billionaire investor and special advisor on regulations to President Donald Trump, a White House official said on Monday.
- OCI Global completes $1.9-B sale of OCI Methanol to Methanex Corporation 6/30
- Partnership for sustainability: Pekutherm and POLYVANTIS launch circular economy initiative 6/30
- Univation Technologies and C3 AI collaborate to deliver enterprise AI solutions for advanced predictive maintenance across the global petrochemical industry 6/30
- Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra 6/30
- Alleima expands product portfolio for the urea industry with SAF™ 2906 6/30
- UK's Lindsey oil refinery insolvent, 420 jobs at risk 6/30
