Refining
Bridas acquires Argentine downstream company Esso from ExxonMobil
Bridas first announced the Esso deal in March 2011. The purchase includes a 90,000 bpd refinery in Buenos Aires province, for which the company plans to raise capacity by 60% for diesel and 50% for gasoline.
Technip to help upgrade two Kazakhstan refineries
The awards consist of the modernization of two out of three existing refineries in the country. The scope includes new and revamp process units as well as utilities and offsite facilities aiming to increase production capacity and conversion. Technip's operating center in Rome will execute the contracts.
Explosion injures one worker at Irving Oil refinery in New Brunswick, Canada
The accident happened Wednesday just before midday Atlantic Daylight Time when a tank undergoing maintenance became overpressurized. The fire service was called but soon downgraded its presence to one fire crew to act in a “monitoring role,” a spokesman for the service said.
Chevron inspection missed suspected pipe at Richmond refinery
Chevron says a corroded pipe segment that may have caused the recent fire was not included in a prior inspection and could have been unusually susceptible to corrosion.
PdVSA to supply crude for Reliance refinery in India
Reliance executive P.M.S. Prasad said the crude will feed India's Jamnagar refinery and will help the rapidly growing Asian economy meet its growing energy needs. He said the supply contract could run longer than 15 years. The contract will begin with shipments of 300,000 bbl and increase over time.
CB&I to upgrade Polish refinery coking technology
Once the coking technology from CB&I is implemented, the Gdansk refinery of Grupa Lotos will have the capability to process 2,400 to 3,840 tpd of a blend of vacuum resid and ROSE pitch, depending on the season. The Gdansk refinery is the second-largest refinery in Poland.
EPA launches criminal probe into Chevron refinery emissions in California
The investigation into whether Chevron routed sulfur dioxide and other pollutants to bypass the refinery's air emissions monitoring system is the latest black eye against the company's 245,000 bpd refinery. The company is still dealing with the aftermath of an August fire at the plant.
European refining outlook unlikely to improve for next two years
S&P executives say the depressed outlook for European refiners is unlikely to improve as the industry's export market shrinks and excess volumes of gasoline build.
Petrobras charged with crimes in refinery oil spill
The oil leak contaminated the Iguacu River, Guanabara Bay and swamps surrounding the refinery with oil, residues and chemicals, the prosecutor's office said. Officials were also charged with interfering with an investigation conducted by Rio de Janeiro state environmental regulators.
BP may use sale proceeds from TNK-BP to boost stake in Russia's Rosneft
BP's commitment to Russia follows a meeting of BP chief Bob Dudley, BP chairman Carl Henric Svanberg, Rosneft CEO Igor Sechin and Russian President Vladimir Putin. "If we're successful at selling our stake, we'd be interested in buying a share in Rosneft," a BP spokesman said. BP already owns 1.3% of Rosneft.
- Mitsubishi Chemical Group invests in Licella Holdings, oil conversion technology using supercritical water 7/18
- BASF and Equinor sign 10-yr natural gas supply agreement 7/18
- Oil prices rise after new EU sanctions on Russia 7/18
- China's refined oil exports dip 0.6% in June but hit 12-month high 7/18
- What's in the EU's 18th sanctions package against Russia? 7/18
- Shell Catalysts & Technologies, Technip Energies sign global alliance agreement for carbon capture delivery 7/17
