Refining
IPIC proceeds with plan for $3bn UAE refinery, gives engineering deal to Shaw
International Petroleum Investment Co. (IPIC) announced that it is proceeding with the implementation of a 200,000 bbl/day refinery at Fujairah, at an estimated cost of $3 billion.
U.S. seeks higher ethanol fuel consumption, aims for 10,000 new flex-fuel pumps
The Obama administration hopes to install 10,000 flexible fuel pumps in the U.S. over the next five years, allowing drivers to blend gasoline with up to 85 percent ethanol (E85) in cars able to handle such mixes.
Australian Renewable Fuels finalizes acquisition of domestic firm Biodiesel Producers
Australian Renewable Fuels Ltd finalized its acquisition of fellow domestic firm Biodiesel Producers Ltd, seeking to reinforce its offering and global position in the biodiesel market.
Eagle Ford crude on the express to Corpus
Flint Hills Resources has completed long-term arrangements with Anadarko Petroleum Corp. and Harvest Pipeline Company that will bring additional quantities of Eagle Ford crude and condensate production to Corpus Christi.
Flint Hills Resources gives $65,000 to conservation group for Minnesota waterfowl habitat
Flint Hills Resources’ Pine Bend refinery in Minnesota awarded a $65,000 grant to Ducks Unlimited to help protect and restore the state’s habitat for waterfowl and other wildlife.
Poll shows 90% of Americans believe refining and petrochem manufacturing are important
A poll released today shows that 90% of Americans believe the nation’s petroleum refineries and petrochemical manufacturing plants are among America’s “most important” or “important” industries.
Ex-Im Bank gives initial approval for $2.8 billion in financing for Colombian refinery
The Board of Directors of the Export-Import Bank of the US today voted to grant preliminary approval for a $2.84 billion direct loan/loan guarantee to Colombia’s Refinería de Cartagena S.A. (Reficar).
Puma Energy buying ExxonMobil's downstream businesses in six Central American markets
Puma Energy has agreed to acquire ExxonMobil's fuels marketing and supply businesses in Belize, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
GE doubles capacity of water technology manufacturing facility in China
As part of its continued investment in China’s rapidly growing cleaner energy and water infrastructure sectors, GE announced it has doubled the production capacity of its water technologies manufacturing plant in Wuxi New Zone in eastern China.
CSB continues investigation into Tesoro’s Anacortes refinery accident
Marking the one year anniversary of the tragic accident at the Tesoro refinery in Anacortes, Washington, the US Chemical Safety Board (CSB) released a video safety message in which Chairperson Rafael Moure-Eraso urged refinery companies to “make the investments necessary to ensure safe operations.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
