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Refining

Honeywell’s Connected Performance Services to help PetroVietnam improve refinery efficiency

A subsidiary of PetroVietnam will use Honeywell’s new IIoT-based Connected Performance Services offering to improve the performance of its manufacturing operations in Quang Ngai City, Vietnam.

KP Engineering to provide process engineering services

KP Engineering will provide process engineering services to a mid-continent refiner as part of a FCCU study.

Brazil's Petrobras to cut diesel, gasoline prices as oil falls

State-controlled Petróleo Brasileiro SA said it plans to cut diesel and gasoline prices at the refinery point, following a decline in oil prices.

China company signs MOU with BP to supply crude to Isla refinery

Commodity trader Guangdong Zhenrong Energy Co. has signed a memorandum of understanding (MOU) with BP for commercial cooperation on an oil refinery in the Caribbean.

Kuwait Petroleum to invest in Oman Oil’s Duqm refinery

Oman Oil Company and Kuwait Petroleum Corp. have signed a memorandum of understanding (MOU) to cooperate in the development of Duqm Refinery and Petrochemical Complex in the Duqm Special Economic Zone in Oman’s Al Wusta Governorate.

Italy's Saras says it will clear Iranian oil debt in 2017

Italian oil refiner Saras has paid $177 MM of the debt it owes Iran for crude oil bought before sanctions were imposed and its chief financial officer said the total debt to Tehran will be cleared next year.

ExxonMobil launches Mobil Serv Lubricant Analysis in Middle East oil and gas sector

ExxonMobil has launched Mobil Serv Lubricant Analysis, a next generation used oil analysis service, which replaces ExxonMobil’s Signum Oil Analysis.

Pemex plans crude processing ramp-up by year-end

Mexico's state oil company Pemex plans to ramp up crude processing by the end of the year, after refining hit the lowest levels in at least five years in September following a series of plant stoppages.

Thailand's Bangchak reviewing refinery upgrade plan

Bangchak Petroleum Pcl. is reviewing its previously announced plan to upgrade and raise its refinery capacity to 140 Mbpd from 120 Mbpd.

BP announces investment of $30 MM in biojet producer Fulcrum

BP subsidiaries BP Ventures and Air BP businesses have created a strategic partnership with Fulcrum BioEnergy, a pioneer in the development and production of low-carbon jet fuel, in which BP will invest $30 MM.