News Categories: Refining News


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Russell: China's Appetite For Crude Oil May Become Less Voracious
Tuesday, August 15, 2017 The sharp slowdown in China's refinery processing in July may be another warning sign that the robust growth in crude oil demand this year in the world's top importer is poised to moderate.

Traders Expect Asia To Import More Venezuelan Crude If US Sanctions Kick In
Tuesday, August 15, 2017 Asia would be the biggest beneficiary of any potential sanctions by the United States on Venezuela's oil sector, said traders and analysts.

Andeavor Unit To Buy Western Refining Logistics For $1.5B
Monday, August 14, 2017 Andeavor Logistics LP said it would buy rival Western Refining Logistics LP for $1.5 billion as it seeks to expand into the Permian Basin in Texas and New Mexico.

Husky Energy to Buy $435 Mln Wisconsin Refinery
Monday, August 14, 2017 Husky said the deal will boost its refining capacity to 395,000 barrels per day.


Venezuela's Citgo Turns to Canada for Oil as Crisis Deepens
Friday, August 11, 2017 Venezuela's oil-supply woes are so dire that its US refineries are turning to Canada for help.

Threat of Venezuelan Oil Ban Pits Oil Boss Hamm Against Refiners
Friday, August 11, 2017 The prospect of a US blockade of crude oil imports from Venezuela has ignited fierce lobbying in Washington pitting domestic energy producers against refiners that depend on those supplies.

Distillates To Boost US Refiners' Bottom Line Through Year-End
Friday, August 11, 2017 US refiners are heading into the winter season on their best footing in years.

India's Refiners Bet Big On Petrochemicals As Industry Reshapes
Friday, August 11, 2017 India's state oil refiners are planning a $35 billion push into petrochemicals

Silicon Valley Wants to Help You Never Visit a Gas Station Again
Friday, August 11, 2017 For Dana Dwyer, an Oracle Corp. employee and mom, a full tank of gasoline at the end of her workday is something she describes with just two words: 'It's happiness.'

Vietnam's Sole Refinery Plans $84 Million IPO on November 7
Thursday, August 10, 2017 Binh Son Refinery & Petrochemical Co. expects to raise about $84 million during an initial public offering November 7.

Flood Of Gasoline Supply Heads To US Northeast As Driving Season Ends
Thursday, August 10, 2017 As the US summer driving season winds down, a wave of gasoline barrels is headed for the Northeast market from Europe and the US Gulf Coast.

Shell Is Said to Aim for Full Restart of Pernis by End of August
Thursday, August 10, 2017 Shell is aiming to return its Pernis refinery to full operations by the end of this month, according to a local resident who was briefed on the matter by the company.

S. Korea's GS Caltex Shuts Heavy Oil Upgrading Unit After Fire
Thursday, August 10, 2017 GS Caltex says it has shut a heavy oil upgrading unit after a fire mishap.

KMGI To Expand Petrol Station Network In Romania, Bulgaria
Wednesday, August 09, 2017 KMG International wants to open more petrol stations in Romania and Bulgaria.

Jacobs Expands MSA for Chevron's US Refineries, Terminals
Wednesday, August 09, 2017 Refineries covered under the MSA amendment include Chevron facilities in El Segundo and Richmond, Calif., Pascagoula, Miss., and Salt Lake City, Utah.

Top Oil Buyers Go on Light Crude Diet to Meet Diesel Craving
Wednesday, August 09, 2017 'Diesel demand has been strong in emerging economies,' says Peter Lee, an analyst at BMI Research.

US Crude Stockpiles Drop As Refinery Use Hits 12-Year High
Wednesday, August 09, 2017 US crude stockpiles fell last week as refineries boosted output to the highest percentage of capacity in 12 years, the EIA says.

S. Korea's SK Energy Buys First US Crude Oil In Move Away From Middle East
Tuesday, August 08, 2017 SK Energy is buying its first-ever continental US crude oil shipment as producer club OPEC's output cuts raise MidEast prices.

Shell Restarts Part Of Europe's Largest Oil Refinery
Tuesday, August 08, 2017 Shell says it is restarting a number of units at Europe's largest oil refinery in the Netherlands.

Top Oil Buyers Go on Light Crude Diet to Satisfy Diesel Craving
Tuesday, August 08, 2017 'Diesel demand has been strong in emerging economies,' said Peter Lee, an analyst at BMI Research.

Hong Kong's NewOcean To Build $1.2B Oil Refinery In Malaysia
Monday, August 07, 2017 Hong Kong's NewOcean Energy Holdings Limited says it plans to build a $1.2 billion petroleum refinery complex.

Higher-Cost Crude Could Squeeze Margins At US Refiners
Monday, August 07, 2017 US refiners could face a continued squeeze on profit margins in the months ahead as dwindling supplies of heavy crude from Venezuela and elsewhere are leading several to switch.

Uganda Picks GE for Group to Develop Oil Refinery Project
Monday, August 07, 2017 Uganda chose a group including General Electric Co. to build and operate a 60,000-barrel-a-day refinery that will process crude from fields being developed by Total SA and Tullow Oil Plc.

Natref Refinery To Reach Full Output This Weekend After Disruption
Friday, August 04, 2017 South Africa's 108,000 barrel-a-day Natref refinery, operated by Sasol and Total will reach full output this weekend.

Shell Mulls German Refinery Upgrade To Meet 2020 IMO Sulphur Rules
Friday, August 04, 2017 Shell is considering expanding the capacity of one of its German refineries to make oil products that meet an upcoming cap on the sulphur content of fuels used in shipping.

Petrofac JV Awarded $2B Refinery Contract In Oman
Friday, August 04, 2017 Petrofac says Oman's Duqm Refinery and Petrochemical Industries awarded a $2 billion contract to the British oilfield services company's 50:50 joint venture with Samsung Engineering.

Nigeria's Forte Oil In Talks On Refinery Deal To Boost Capacity
Friday, August 04, 2017 Nigeria's Forte Oil In Talks On Refinery Deal To Boost Capacity

Indian Oil Plans $2.4B Expansion Of Gujarat Refinery
Friday, August 04, 2017 Indian Oil Corp will spend $2.4 billion to increase capacity at its refinery in western India by about a third .


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