Refining
US fuel exports rise as record refinery production exceeds local demand
US production of all four major products -- gasoline, distillate, jet fuel and residual fuels -- was higher than deliveries for those products, so refined products were exported, the API explained.
Iran targets new investments in refineries abroad
"Buying the oil refineries or their shares abroad is the policy of Iran after the lifting of sanctions," said Abbas Kazemi, head of the National Iranian Oil Refining and Distribution Co.
Pemex awards EPC work to ICA Fluor to upgrade Tula refinery at Hidalgo
Once the upgrade is completed, the refinery’s processing capacity will increase from 315,000 bpd to 340,000 bpd. The project’s mechanical completion is scheduled for the second quarter of 2018.
Honeywell installs new control system for Russia’s largest refining complex
The advanced DCS will simplify operations and improve the process efficiency of the refinery’s delayed coking unit, which extracts valuable fuels from heavy oil residues of the refining processes.
Valero shuts FCCU at Port Arthur refinery in Texas following weekend fire
The fire stemmed from a hole in the FCCU's fractionator, Reuters reported, citing company sources. The time needed to repair and return the unit to normal operations was unknown.
Aramco Services opens US fuels research center in Detroit
Research areas emphasized at Saudi Aramco’s new Detroit R&D center include fuel combustion and emissions, technology integration and recent strategic transport studies.
Saudi Aramco, Hyundai Heavy to align on new downstream, EPC business
The agreement lays out a comprehensive, multi-faceted business cooperation framework in areas such as engineering, procurement and construction (EPC) and downstream.
Eni sells Slovenian downstream business to MOL
MOL signed an agreement with Eni relating to the acquisition of Eni’s entire retail network and wholesale activities in Slovenia. Investment terms were not disclosed.
SOCAR looks to buy stakes in Egyptian refineries
"We would like to widen our activities in Egypt, particularly to buy stakes in refineries there and participate in Egypt's oil refining," SOCAR's president Rovnag Abdullayev told reporters.
Honeywell to supply technology, automation for Iraq’s new Karbala refinery
The grassroots refinery will use leading refining processes from UOP and automation controls from Honeywell Process Solutions (HPS) to allow the Karbala refinery to maximize production.
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- U.S. Gulf Coast fuel oil imports at record low as refiners opt for heavier crude 7/7
