Refining
OxyChem, Mexichem announce startup of JV ethylene cracker in Texas
INGLESIDE, Texas — Ingleside Ethylene, LLC, the 50/50 JV between Occidental Chemical Corporation, a subsidiary of Occidental Petroleum Corporation, and Mexichem, S.A.B. de C.V., announced that its ethylene cracker at OxyChem’s Ingleside, Texas, complex began operations on schedule and on budget. The ethylene cracker is currently in a production stabilization phase.
Oiltanking MOGS Saldanha to begin construction of crude oil, blending terminal in South Africa
CAPE TOWN, South Africa -- Oiltanking MOGS Saldanha Ltd, a JV between Oiltanking GmbH and MOGS Ltd, announced the construction of an independent crude oil and blending storage terminal in Saldanha Bay.
Pertamina looks for partner to take majority stake in Bontang refinery project
JAKARTA (Reuters) -- Indonesia's state oil company Pertamina expects to find a partner to take a majority stake in a proposed refinery to cost more than $10 billion in Bontang, East Kalimantan, by April, senior company officials said on Tuesday.
Japan's JX says March crude refining to drop 5% y/y
TOKYO (Reuters) -- Japan's top oil refiner JX Nippon Oil & Energy Corp said on Tuesday it would refine 988,100 bpd of crude oil in March for domestic consumption.
India's L&T awarded $165-MM contract from refiner Indian Oil Corp
NEW DELHI (Reuters) -- A unit of Indian engineering conglomerate Larsen & Toubro has won an onshore engineering, procurement and construction (EPC) contract from Indian Oil Corp Ltd, the country's largest refiner, worth $165 million, it said in a statement on Saturday.
Saudi Aramco to invest $7 B in Petronas' RAPID oil refinery
KUALA LUMPUR (Reuters) -- Saudi oil giant Aramco will buy an equity stake in Malaysian firm Petronas' major refining and petrochemical project, the companies said on Tuesday, pumping in $7 billion in its biggest downstream investment outside the kingdom.
Snow, landowner, delay Utah pipeline repairs
HOUSTON (Reuters) -- Refiners and pipeline shippers in the Salt Lake City area are facing new delays obtaining crude oil after a pipeline outage last week was followed by snow on Friday that made it difficult to deliver much-needed oil by truck.
Mexico's Pemex inks hydrogen refinery JV with France's Air Liquide
MEXICO CITY (Reuters) -- Mexico's Pemex will partner with France's Air Liquide SA to operate an existing hydrogen plant and build a second one at its Tula refinery, the Mexican state-owned oil company said in a statement on Thursday.
OPEC compliance seen growing as laggards Iraq and UAE pledge action
LONDON (Reuters) -- OPEC has so far surprised the market by showing record compliance with oil-output curbs and could do so further in coming months as the biggest laggards -- the United Arab Emirates and Iraq -- pledge to catch up quickly with their targets.
France's Engie starts global LPG desk to meet power demand, hedging needs
SINGAPORE (Reuters) -- France's international utility company Engie has started a global desk to trade liquefied petroleum gas (LPG) and plans to promote the fuel as a replacement for diesel in power generation, senior executives said on Thursday.
- XRG to expand its global chemicals reach with takeover of Covestro 11/21
- U.S. FERC explores blanket authorizations for LNG projects 11/21
- thyssenkrupp Uhde selected by Dangote Fertilizer Ltd. to license four urea granulation units in Nigeria 11/21
- Indian and Chinese refineries are moving to comply with U.S. sanctions on Russia 11/21
- Dynamis Power Solutions awards Baker Hughes with significant order for gas turbine technology to support mobile power for oil and gas applications 11/21
- Lukoil trading arm shrinks fast under Western sanctions 11/21
