Crude oil
China company signs MOU with BP to supply crude to Isla refinery
Commodity trader Guangdong Zhenrong Energy Co. has signed a memorandum of understanding (MOU) with BP for commercial cooperation on an oil refinery in the Caribbean.
Obama says US mulling alternate routes for North Dakota pipeline
President Barack Obama said the US government is examining ways to reroute an oil pipeline in North Dakota as it addresses concerns raised by Native American tribes protesting against its construction.
Saudi crude will continue to be supplied to PKN ORLEN refineries
PKN ORLEN has extended its contract with Saudi Aramco as a supplier of crude oil to its refineries in Poland, the Czech Republic, and Lithuania until December 31, 2017.
Industry Metrics
US margins fell due to the slowing of domestic gasoline demand, as the driving season ended amid high inventories.
Business Trends: Global refining overview—Part 3
<i>Hydrocarbon Processing</i> continues its series on the global refining industry. This series provides a detailed outlook on the state of the global refining sector, active and new project developments, and an overview of major refining trends in each region. Part 3 provides an overview of the refining sectors of Canada, Latin America and the US.
Refining: High-impact challenges in today’s global refining market
To stay competitive and thrive in today’s uncertain and volatile energy market that is characterized by major shifts in supply and demand dynamics, refiners must find ways to increase operational efficiencies, maximize productivity and produce refined products at lower costs.
China refineries gobble up Angolan oil in rush to year end
China's loadings of West African crude are set to hit their highest in more than two years in November as the nation's refineries race to stock up and offset falling domestic oil production.
Phillips 66 expects Dakota Access permit to be granted
US refiner Phillips 66 expects a permit will be granted to build an oil pipeline under the Missouri River near Native American land in North Dakota.
Canada's Cenovus says would consider refinery acquisitions
Canadian oil and gas producer Cenovus Energy Inc said it would consider refinery acquisitions, provided the opportunity offered good value and was easily accessible for Canadian crude.
Panama Canal readies for surge in tonnage after upgrade
The Panama Canal is likely to attract up to 15% more tonnage next year after an upgrade which means it can now accommodate gas tankers previously too large to transit.
- KBR to provide technology for mega-scale ammonia plant in Angola 11/25
- Indian refiners' October crude processing up over 3% y/y 11/25
- Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France 11/25
- Hexagon collaborates with Microsoft to enhance industrial operations 11/25
- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
