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Refining

EIA: US crude and gasoline stockpiles hit record highs

(Reuters) -- US crude oil and gasoline inventories soared to record highs last week as refineries cut output and gasoline demand softened, the Energy Information Administration said on Wednesday.

DuPont, Lundberg to offer pollution control systems for refineries, petchem plants

PARSIPPANY, N.J. – Belco Technologies Corporation, a DuPont company, and Lundberg, LLC, a Dustex company, have signed an agreement to collaborate on the supply of air pollution control systems on an exclusive basis around the world. The partnership applies to air pollution control systems for refining and petrochemical plants, as well as to coke calciners associated with refining and petrochemical plants, and is valid for 10 years.

Paz Oil CEO questioned by Israeli police over bribery allegations

JERUSALEM (Reuters) -- The chief executive of Paz Oil, Israel's largest distributor of refined oil products, has been questioned by police over allegations he bribed public officials, the company said on Wednesday.

Chile regulator eyes refinery sanction over environmental failures

SANTIAGO (Reuters) -- Chile's environmental regulator, the SMA, said on Tuesday that it was considering sanctions of state-run energy producer ENAP after finding infractions relating to emissions and noise at its Aconcagua oil refinery.

Egypt nearing deal with Iraq in search for crude oil imports

CAIRO (Reuters) -- Egypt is nearing a deal to import crude oil from Iraq and is looking to other countries to help secure supply, Egyptian General Petroleum Corporation's chief Tarek al-Hadidi said.

Singapore's IEG to start trading crude oil, tap China demand

SINGAPORE (Reuters) -- Singapore-based trading start-up International Energy Group (IEG) this year plans to expand its portfolio to crude oil from products such as gasoline and gasoil, looking to tap growing Chinese demand.

GTC installs second dividing wall column for Indian refinery

HOUSTON -- GTC Technology has supplied its proprietary GT-DWC technology for a second Dividing Wall Column for Reliance Industries Limited (RIL) at the DTA Refinery in Jamnagar, India.

Thai oil targets 2017 refining rate at 100%-103% of capacity

BANGKOK (Reuters) -- Thailand's largest oil refiner Thai Oil said on Tuesday it aims to run its refinery at 100%-103% of its 275,000 bpd capacity in 2017, and has no plans for any maintenance shutdowns.

Sprague completes purchase of Capital Terminal’s Rhode Island terminal

PORTSMOUTH, N.H. -- Sprague Resources LP announced that its wholly owned subsidiary, Sprague Operating Resources LLC, completed the purchase of Capital Terminal Company’s refined product terminal asset in East Providence, RI for $23 million in cash, plus payments for other customary items. This terminal had been leased exclusively by Sprague since April 2014 and has a combined storage capacity of just over 1 million barrels.

Rosneft faces $100-MM bill to boost safety at Bashneft refineries

MOSCOW (Reuters) -- Russia's top oil producer Rosneft will have to spend up to $100 million to improve standards at ageing refineries it bought last year, industry sources have told Reuters.