Refining
Trump tells manufacturers he will cut regulations, taxes
WASHINGTON (Reuters) -- US President Donald Trump met with a dozen prominent American manufacturers at the White House on Monday, promising them he would slash regulations and cut corporate taxes, but warning them of penalties if they moved production outside the country.
Eni to deepen involvement in Nigerian energy sector
LONDON (Reuters) -- Italy's Eni plans to deepen its involvement in Nigeria's energy industry, increasing oil and gas exploration and helping to restore one of the country's ailing refineries, the company said in a statement on Monday.
Praxair signs hydrogen supply agreement with Marathon Petroleum
DANBURY, Conn. — Praxair, Inc. signed a long-term contract to supply hydrogen to Marathon Petroleum Corporation’s refinery in Garyville, Louisiana. The company will use the hydrogen to support an ultra-low-sulfur diesel project planned for 2018.
Petrotechnics technology selected for Aramco Jazan refinery
DAMMAM, Saudi Arabia – Petrotechnics, the developer of Proscient – the hazardous industries’ first software platform for Operational Excellence – has been selected by Accenture to deliver its solution for Saudi Aramco’s new Jazan refinery complex. Proscient will be implemented as part of Saudi Aramco’s integrated manufacturing operations management system (imoms) to reduce risk, improve productivity and lower costs.
US crude oil stocks build unexpectedly as refining slows down
NEW YORK (Reuters) -- US crude inventories rose unexpectedly last week as refineries sharply slowed production, while gasoline stocks soared amid weak demand, the Energy Information Administration said on Thursday.
Axeon plans to shutter New Jersey asphalt refinery
NEW YORK (Reuters) -- Axeon Specialty Products plans on shutting down its 75,000-bpd asphalt refinery in Paulsboro, New Jersey, as early as this summer, according to a local politician and sources familiar with the company's plans.
US EPA denies petition to waive advanced biofuels requirements
NEW YORK (Reuters) -- US environmental regulators have denied a request from oil refiners to waive some of their advanced biofuels use requirements from 2016, in what is likely to be one of the Obama administration's final decisions on the controversial program.
Iran, China to sign $3 billion contract to upgrade Iranian refining capacity
BEIRUT (Reuters) -- Iran and China will sign a $3 billion contract next month to upgrade Iran's oil refining capacity, according to Iran's Mehr News agency.
Asian oil refinery margins jump on outages in Mideast, Asia
SINGAPORE (Reuters) -- Several refineries in the Middle East and Asia have shut down in the past week due to fires and other technical problems, leading to a jump in profit margins for facilities still operating.
India's Reliance completing core refining, petrochemicals expansion, expects sharp profits rise
MUMBAI (Reuters) -- Indian oil-to-telecoms conglomerate Reliance Industries Ltd expects a sharp rise in operating profit from the next financial year as it completes an expansion of its core refining and petrochemicals business, a senior executive said on Monday.
- 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
- India's Reliance stops importing Russian crude for refinery operations 11/21
