Refining
China issues third set of fuel export quotas under processing scheme
BEIJING/SINGAPORE (Reuters) — China has issued 9.06 MMt of refined fuel export quotas under so-called processing trade terms in its third batch of quotas, two trading sources with knowledge of the matter said on Tuesday.
Monroe Energy: BP violated contract when it blended Texas crude
NEW YORK (Reuters) — BP PLC violated its supply contract when it sold oil to refiner Monroe Energy that was a blend of lower-valued Texas crude with premium varieties, Monroe alleged in a federal court filing last week.
Strike ends at Israeli oil refinery Paz
TEL AVIV (Reuters) — Workers at Israel's Paz Oil on Monday ended their strike that had shut down the refinery in the city of Ashdod after labor and management agreed in principle to a new collective labor contract.
Accenture research: Refiners set to increase spending on digital technologies
NEW YORK — Nearly two-thirds of refiners plan to increase their investments in digital technologies over the next three to five years, although digital is not one of the top plant investment areas for refiners today, according to new research from Accenture.
API welcomes senate letter supporting North American energy markets
WASHINGTON — API President and CEO Jack Gerard welcomed a letter sent by eight US Senators to US Trade Representative Lighthizer emphasizing the importance of North American energy markets to American consumers and US energy security in advance of the North American Free Trade Agreement (NAFTA) renegotiation.
China's $10 B strategic project in Myanmar sparks local ire
KYAUK PYU, Myanmar (Reuters) — Days before the first supertanker carrying 140 Mt of Chinese-bound crude oil arrived in Myanmar's Kyauk Pyu port, local officials confiscated Nyein Aye's fishing nets.
Nigeria refining capacity is one-sixth of needs, says oil minister
ABUJA (Reuters) — Nigeria's daily domestic refining capacity is now at 6 MM liters, while the country's daily consumption stands at 35 MM liters, the country's oil minister said on Thursday.
Sinopec says did not receive order to relocate Yanshan oil refinery
BEIJING (Reuters) — China's Sinopec has not received a government order to relocate the Yanshan oil refinery, contradicting an earlier news report that the plant would be moved to develop the Xiongan New Area, the company said on Thursday.
Gunvor Singapore executive charged by Chinese prosecutors in oil probe
BEIJING/LONDON (Reuters) — Chinese prosecutors have charged an employee of Swiss commodity trader Gunvor Group who has been held for a year for allegedly smuggling fuel and evading taxes on sales from the Philippines, according to a legal document viewed by Reuters.
Hydrocarbon Processing Awards recognize best in HPI
The downstream industry’s brightest minds gathered Wednesday evening to celebrate the winners of the 2017 Hydrocarbon Processing Awards.
- Malaysia plans to produce sustainable jet fuel in 2027 11/27
- ADNOC launches $80-B low-carbon energy and chemicals investment company 11/27
- Chevron sees California's fuel inventory law raising prices for customers 11/27
- Clariant’s MegaMax™ catalysts to power China’s first biomass-to-green methanol project 11/27
- easyJet, Renavia and WFS sign MoU for long-term supply of SAF 11/27
- Dow, Ambipar partner to promote plastics recycling in South America 11/26
