Refining

U.S. oil refiners aim to run full-bore, spurning recession fears

U.S. crude oil refineries plan to keep running near full throttle this quarter, according to executives and estimates, as refiners set aside worries about recession and sliding retail prices to deliver more fuel.

Wood wins two major multi-million-dollar projects in Uzbekistan

Wood has secured two new contracts from Enter Engineering with a combined value of over $200 MM, to deliver major capital investment projects in Uzbekistan.

Preem plans September maintenance at oil refinery in Sweden

Swedish refiner Preem is planning a partial closure of its 228,000 bpd Lysekil oil refinery in Sweden for maintenance in September for around one month, a company spokesperson said.

Shell cuts output at German Rhineland refinery due to drought

Shell said it had to cut output at its German Rhineland refining facility, which makes fuels, heating oil and petrochemicals, citing low Rhine levels that have made the transport of goods via the river more challenging.

Brazil's antitrust watchdog postpones decision on Petrobras' refinery sale

Brazil's state-run oil company Petrobras said it has signed a contract to sell the REMAN refinery in the northern state of Amazonas for $189.5 MM to Ream Participações S.A., a subsidiary of distributor Atem.

Shell to shut Gulf of Mexico crude pipes for two weeks in September

Shell said this week it plans to shut for two weeks in September a key crude oil pipeline in Gulf of Mexico that supplies oil to Louisiana refineries.

Turkish re-refinery completes one year of operations

The plant is capable of processing 60,000 metric tons per year of the waste oil into high quality API Group II+ base oil, meeting the most stringent specifications for sulphur, VI, volatility and even polyaromatic hydrocarbons concentrations.

IIR Energy grants Kpler access to its refinery data

Through the partnership, Kpler obtains the exclusive right to combine IIR Energy’s refinery data with its own flows and inventories data, to create a new benchmark for crude and refined product market analysis.

Baker Hughes acquires Quest Integrity to deliver expanded asset inspection solutions for the energy and industrial sectors

Baker Hughes has announced an agreement to acquire Quest Integrity for technology-enabled asset inspection and reliability management solutions across the pipeline, refining, petrochemical and power generation sectors.

Mexico's Pemex requests $6.5 B more funding for 'Dos Bocas' refinery

Pemex requested this week almost $6.5 B in additional funding from the government to pay for works at the 'Dos Bocas' refinery this year.