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Refining

Venezuela resumes light oil shipments to Cuba

HOUSTON (Reuters) -- Venezuela resumed exports of light crude to its political ally Cuba in March after an eight-month pause that led to a production halt at the island's jointly-owned Cienfuegos refinery, according to internal data from state-run PDVSA seen by Reuters.

Gas leak at chemical firm Ineos contained at Scotland's Grangemouth

EDINBURGH (Reuters) -- A gas leak inside chemical firm Ineos' Grangemouth site in Scotland was successfully contained on Tuesday after emergency services rushed to the scene, police said.

Alfa Laval to supply heat exchangers to China refinery

LUND, Sweden -- Alfa Laval has won an order to supply compact heat exchangers to a refinery in China. The order has a value of approximately SEK 210 MM. It is booked in the Welded Heat Exchangers unit of the Energy Division, with deliveries scheduled for 2018.

Big short position on biofuels generated profit for Icahn's refiner

NEW YORK (Reuters) -- Carl Icahn's big bet on falling prices for biofuels credits generated a rare profit in that area last quarter for the billionaire investor's refining company CVR Energy, according to public filings.

India cuts oil import plans from Iran by a quarter over gas field row

NEW DELHI (Reuters) -- India plans to order about a quarter less Iranian crude oil than it bought last year, people familiar with the matter said, as state refiners cut term purchase deals over a row between New Delhi and Tehran on development of a natural gas field.

Vitol to acquire Rotterdam splitter from Koch Supply & Trading

LONDON (Reuters) -- Commodities trader Vitol has agreed to buy an 85,000-bpd condensate splitter in the Netherlands from Koch Supply and Trading, a subsidiary of US conglomerate Koch Industries, Vitol said in a statement on Tuesday.

Shell completes sale of Motiva assets to Saudi Aramco

HOUSTON -- Royal Dutch Shell plc announced the completion of the transaction for the separation of assets, liabilities and businesses of Motiva Enterprises LLC. As announced when the definitive agreements were signed, the separation is as follows:

Canadian refinery reusing 100% of water with GE wastewater treatment technology

TREVOSE, PA. — Federated Co-Operatives Limited’s Co-op Refinery Complex in Regina, Saskatchewan, was named Industrial Water Project of the Year at the annual Global Water Awards. The award recognizes the project, commissioned in 2016, that represents the most impressive technical or environmental achievement in the field of industrial water.

Vitol, Helios complete acquisition of 100% of Vivo Energy

Further to the acquisition of Shell’s 20% shareholding in Vivo Energy by Vitol Africa B.V., Helios Investment Partners, acting on behalf of the funds to which it is advisor, and Vitol own 100% of Vivo Energy.

Iran self-sufficient in petrol production, aims to export

LONDON (Reuters) -- Iran said on Sunday it was now self-sufficient in petroleum production as President Hassan Rouhani opened a refinery in the southern city of Bandar Abbas.