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Refining

ExxonMobil forms JV with Sunoco Logistics to expand crude supply to its refineries

Sunoco Logistics Partners has formed a strategic JV with ExxonMobil, Permian Express Partners LLC., to combine certain of their key crude oil logistics assets.

OPEC output curbs could be undone by China slowing crude storage

The sharp drop in China's crude oil imports in October can be ascribed to a combination of factors, but one of them should be a red flag to OPEC, threatening the success of any deal to curb production.

US refinery margins rise in all five regions

Refining margins rose in all five US regional petroleum districts in the week ended November 4, according to Credit Suisse.

Genoil signs $50-B letter of intent to develop integrated oil project in Russia

Genoil Inc. has signed a $50-B letter of intent to develop oil fields and construct clean technology upgraders, refineries and pipelines in Russia.

NARL Refining to layoff up to 130 workers at Canadian refinery

NARL Refining notified employees Wednesday of plans to shed up to 130 jobs at its Come By Chance refinery in Newfoundland, Canada.

Honeywell’s Connected Performance Services to help PetroVietnam improve refinery efficiency

A subsidiary of PetroVietnam will use Honeywell’s new IIoT-based Connected Performance Services offering to improve the performance of its manufacturing operations in Quang Ngai City, Vietnam.

KP Engineering to provide process engineering services

KP Engineering will provide process engineering services to a mid-continent refiner as part of a FCCU study.

Brazil's Petrobras to cut diesel, gasoline prices as oil falls

State-controlled Petróleo Brasileiro SA said it plans to cut diesel and gasoline prices at the refinery point, following a decline in oil prices.

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.

Kuwait Petroleum to invest in Oman Oil’s Duqm refinery

Oman Oil Company and Kuwait Petroleum Corp. have signed a memorandum of understanding (MOU) to cooperate in the development of Duqm Refinery and Petrochemical Complex in the Duqm Special Economic Zone in Oman’s Al Wusta Governorate.