Refining
CNOOC to start new Huizhou refinery in Q2, plans Saudi supply
BEIJING (Reuters) -- China National Offshore Oil Corp, or CNOOC, is expected to start operating a new refinery in southern China in the second quarter of 2017, with Saudi Arabia as the potential crude supplier, three sources familiar with the plan said on Wednesday.
PKN ORLEN, Iranian Oil agreement commences
PKN ORLEN has purchased 1 million barrels of Iranian Light oil. It will be delivered to Naftoport in Gdańsk in January, to be then transported to the PKN ORLEN refinery in Płock.
Sinclair Casper Refining pays $655K in cleanup costs to EPA
DENVER -- Sinclair Casper Refining Company has paid $655,000 to reimburse the US Environmental Protection Agency for response costs incurred at the Empire State Oil Company Refinery Site in Thermopolis, Wyoming. The company entered into a settlement agreement with EPA for the recovery of past costs associated with the cleanup of the site, including the removal of asbestos, in September. EPA received payment last week.
China suitor tightens grip on century-old Caribbean refinery
BEIJING/HOUSTON (Reuters) -- China's Guangdong Zhenrong Energy Co will submit a plan by April to revamp a century-old oil refinery in Curacao, as it seeks to secure a $5.5 billion project that will give China a foothold in the Caribbean's second-largest oil refinery.
China's Sinopec weighs takeover of Gulf Keystone
(Reuters) -- China's Sinopec Corp is weighing a takeover of Gulf Keystone Petroleum, an oil company operating in the Kurdistan region of Iraq, Bloomberg reported on Tuesday.
Kuwait's KNPC mandates banks for ECA-backed club loan
DUBAI (Reuters) -- Kuwait National Petroleum Co (KNPC) has selected 10 international banks to provide a loan facility of more than $4 billion to back its Clean Fuels project, banking sources said.
Refiner Phillips 66 cuts 2017 capital budget by 25%
(Reuters) -- US independent oil refiner Phillips 66 said it lowered its capital budget for 2017 by about 25% to $2.7 billion.
Bahrain's Bapco gets bids for $5-B refinery expansion
KHOBAR, Saudi Arabia (Reuters) -- State-run Bahrain Petroleum Company (Bapco) has received bids from international construction companies to expand its Sitra oil refinery, industry sources said.
Fluenta to supply monitoring system for Petronas refinery
Fluenta announced the sale of 24 ultrasonic flare gas monitoring systems to Malaysian state-run oil and gas company Petronas.
Quantum Energy Canadian refinery site under contract
Quantum Energy, Inc., announced that its wholly owned subsidiary, Dominion Energy Processing Group, Inc., has contracted for its proposed refinery site in the Stoughton, Saskatchewan area.
- 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
- EIL signs MoU with Aramco Asia India Pvt. Ltd. for cooperation in various oil/gas activities 11/21
