Refining
Uganda in oil refinery talks with South Korean SK Engineering
Uganda has begun negotiations with a consortium led by South Korea's SK Engineering for the building of a crude oil refinery and ended talks with a group led by Russia's Rostec Global Resources.
Venezuela Amuay refinery ups output, restarts distillation unit
Venezuela's Amuay refinery has restarted a distillation unit and is now processing 350 Mbpd.
PBF takes over Los Angeles-area Exxon refinery
US refiner PBF Energy took ownership on Friday of a Los Angeles-area refinery purchased from Exxon Mobil Corp for $537.5 M, clearing the way for it to focus on further North American acquisitions.
California probes oil refiners for gas price manipulation
California has issued subpoenas to Valero Energy Corp. and Chevron Corp. as part of a probe into whether oil refiners in the state have manipulated gasoline prices since 2014.
India Essar eyes sale of Gujarat refinery
Essar Group is exploring the sale of its 405 Mbpd oil refinery in the western state of Gujarat.
Trafigura in talks to buy stake in Essar Oil
Commodities trader Trafigura Group Pte. is in talks to buy a minority stake in Essar Oil Ltd., which runs India's second biggest private sector refinery, in a deal that could be valued at around $6.5 B.
EIA: China diesel exports grow as refining industry, economy change
China is reforming its refining sector by liberalizing import and export restrictions on crude oil and petroleum products, allowing for increased competition in the domestic transportation fuels market.
Perseus, Greyrock to monetize Mexico flare gas
Perseus and Greyrock Energy are collaborating to provide solutions for the flaring of natural gas in Mexico.
Trestle Energy and Larksen partner to reduce CO2 from ethanol and coal power
Fuel pathway management platform will enable ethanol producers to substantially reduce their fuel carbon intensity and facilitate the cost-effective use of biomass fuel pellets at existing power plants.
GlobalData: Planned projects poised to raise global propylene capacity levels
China and the US are the primary drivers for expanded global capacity that is estimated to increase to almost 130 MMtpy by 2020.
- The Shipping Corporation of India and Mazagon Dock Shipbuilders sign contract for methanol dual fuel platform supply vessel 3/20
- Technip Energies invests in Verso Energy’s DEZiR eSAF project in Rouen 3/20
- Honeywell’s commercial launch of AI-powered control room assistant follows successful pilot 3/20
- Serbia secures U.S. sanctions waiver for its NIS oil firm 3/20
- Tanker carrying fuel originally bound for Cuba diverts to Trinidad 3/20
- Vietnam accelerates shift to ethanol fuel as Iran war drives up energy prices 3/20
