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Europe

Refining: Alkylation—What’s a refiner to do?

Veolia Water Americas: Pawloski, J.

Within the refining industry, gasoline production and alkylation capacity are running at near all-time highs.

Redesign, simplify and demonstrate facts

Repsol SA: Vila Forteza, M.

The Petronor oil refinery is located in northeastern Spain. Recently, the facility converted its last rolling element-equipped machine from liquid oil lubrication to pure (“dry-sump”) oil mist.

Oil flat, erases gains as US crude draw shy of API report

NEW YORK (Reuters) — Oil prices were steady in see-saw trade on Wednesday, hitting their highest since mid-2015 and then retreating after US government data showed that the latest weekly draw in domestic crude stocks was not as big as an industry trade group had reported.

Russia's Surgutneftegaz offers up to 3.1 MMt of diesel from Primorsk

MOSCOW (Reuters) — Russia’s Surgutneftegaz is offering up to 3.1 MMt of ultra-low sulfur diesel at a tender for delivery in January-June 2018 from the Baltic Sea port of Primorsk, industry sources told Reuters on Tuesday.

Oil prices near 2-yr highs as supply cuts bite

LONDON (Reuters) — Oil prices steadied on Tuesday after a week of gains as the prospect of increasing US exports dampened bullish sentiment that has driven Brent to more than 2-yr highs above $60/bbl.

LyondellBasell approaches Brazil's Braskem for takeover

(Reuters) — LyondellBasell Industries NV has approached Brazil's Braskem SA for a potential takeover, valuing the petrochemicals company at more than $10 B, the Wall Street Journal reported on Monday.

Russia's Transneft taking stake in Ust-Luga oil terminal

MOSCOW (Reuters) — Russian pipeline monopoly Transneft is buying a stake in the oil terminal at the Baltic Sea port of Ust-Luga from businessman Andrei Bokarev, two sources familiar with the matter told Reuters on Friday.

Iran's crude, condensate exports to tumble to 19-month low in Oct

TOKYO/SINGAPORE (Reuters) — Iran's total crude and condensate exports for October are expected to tumble by nearly a fifth from the previous month to a 19-month low, dented by production issues, a person with knowledge of the country's tanker loading schedule said.

Oil slips on higher US crude inventories, production

LONDON (Reuters) — Oil slipped on Thursday, pressured by an unexpected increase in US crude inventories, high US production and exports, but stayed near multi-month highs on support from tighter crude markets.

Saudi Aramco subsidiary to buy stake in Rotterdam terminal

RIYADH (Reuters) — Saudi Aramco Overseas Company (AOC), a subsidiary of Saudi Aramco, has entered into an arrangement to buy a stake in a Rotterdam terminal from commodities trader Gunvor, the company said on Thursday.