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Refining

China's CNOOC, two chemical firms looking at Shell Singapore assets

CNOOC, Eversun Holdings and Wanhua Chemical are among those that have started early evaluations of Shell assets that include a 237,000 bpd refinery and a one MMtpy ethylene cracker.

Fire at Afipsky oil refinery near Novorossiisk put out

A fire that broke out at the Afipsky oil refinery in Russia's Krasnodar region was promptly extinguished, the region's emergency security authorities said after social media reports of powerful blasts shaking the refinery.

Nigeria's Kaduna refinery to reopen next year, produce 60,000 bpd

Nigeria aims to reopen its Kaduna oil refinery next year, with initial production of 60,000 bpd as part of plans to revive local refineries that have been mothballed for years.

Valero to run its 14 refineries at up to 96.5% capacity in Q4

Valero Energy plans to operate its 14 oil refineries in North America and Britain at up to 96.5% of their combined total throughput capacity of 3.2 million bpd in the fourth quarter.

Belarus expects Russia to pay $640 MM in compensation for refineries

Belarus expects to receive $640 MM from Russia in 2024 to compensate for losses sustained by its oil refineries.

Sonangol partners with Chinese CNCEC to build Lobito refinery

Sonangol and China National Chemical Engineering Company signed, in the city of Lobito, Benguela, a contract for the construction of the Lobito Refinery.

Kuwait's KPC ramps up high-sulfur fuel oil tenders for October

Kuwait Petroleum Corp has ramped up its spot tenders for high-sulfur fuel oil sales this month.

Vietnam seeks Saudi Aramco's investment in petrochemicals, oil refining

Vietnam is seeking investment from oil giant Saudi Aramco in its petrochemical and oil refinery projects, the Southeast Asian country's government said.

Russia's Lukoil says no talks to sell Bulgarian oil refinery

Litasco, a trading arm of Russia's No.2 oil producer Lukoil, said that it had not received any offer for its refinery in Bulgaria and there were no talks to sell it, amid mounting pressure from Bulgarian authorities.

China's September oil refinery throughput surges to record daily rate

China's oil refinery throughput in September hit a record daily rate up 12% from a year earlier as refiners increased run rates to cater for strong demand for transport fuel over the Golden Week holiday and improving manufacturing.