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Refining

Saudi Aramco plans expansion in India with new unit

NEW DELHI (Reuters) — Oil giant Saudi Aramco will open an Indian subsidiary next week, three sources said, as the top global oil exporter looks to tap rising demand and invest in the world's third-biggest consumer.

Venezuela confirms discussing Citgo collateral swap with Rosneft

MOSCOW (Reuters) — Venezuela’s oil minister confirmed on Wednesday that state oil company PDVSA is negotiating to swap Russian oil producer Rosneft’s collateral in Venezuelan-owned, US-based refiner Citgo, adding that results are expected “very soon.”

AFPM Summit '17: Daily editions of the official conference newspaper

AUSTIN -- Enclosed are digital copies of the daily editions of the official conference newspaper of the AFPM 2017 Operations & Process Technology Summit, held at the JW Marriott.

India's Reliance makes first purchase of US crude

NEW DELHI/SINGAPORE (Reuters) — India’s Reliance Industries Ltd has purchased crude oil cargoes from the United States for the first time, drawn by the lower price for US oil versus global benchmarks, three trade sources said on Tuesday.

Iran bans oil refinery products traffic with Iraqi Kurdistan

ANKARA (Reuters) — Iran has banned transportation of oil products by Iranian companies to and from Iraq's Kurdistan region, the semi-official Tasnim news agency said on Friday, after Tehran vowed to stand by Baghdad against Iraqi Kurds' independence vote.

Lukoil postpones maintenance of Volgograd refinery unit to 2018

MOSCOW (Reuters) — Russia’s Lukoil has postponed maintenance of hydro-cracking unit at its Volgograd refinery to March or April 2018, three trading industry sources told Reuters on Wednesday.

Dongming steps up crude purchases in 2017 for Shandong oil refiners

SINGAPORE (Reuters) — Pacific Commerce, the trading arm of refiner Shandong Dongming Petrochemical, has purchased 66% more crude oil in 2017 than last year, both for its own system and for other independent Chinese refiners, a Dongming senior executive said on Wednesday.

Total says expects Port Arthur, Texas refinery output to return soon

HOUSTON (Reuters) — Total SA expects production soon from its 225,500-bpd Port Arthur, Texas, refinery, which has been shut since an Aug. 30 power outage during Tropical Storm Harvey, a company spokeswoman said on Tuesday.

Monroe Energy sees delays unloading supertanker of W.African crude

NEW YORK (Reuters) — Monroe Energy, a subsidiary of Delta Air Lines, ran out of crude oil at its 185,000-bpd Trainer, Pennsylvania, refinery after delays in unloading a supertanker called C. Innovator, according to a source familiar with the company's operations and Reuters shipping data.

JXTG to shut Muroran petchem plant as Japan gasoline demand fades

TOKYO (Reuters) — JXTG Nippon Oil & Energy Corp, Japan's biggest oil refiner, said on Wednesday it will shut its Muroran petrochemicals plant due to falling demand for gasoline in Japan.