The Organization of Petroleum Exporting Countries (OPEC), in its Annual Statistical Bulletin 2022, has put Iran’s daily refining capacity in 2021 at 2.202 million barrels, indicating 1,000 barrels per day (bpd) increase compared to 2020.
News ID: 10831 Publish Date : 2022/07/04
The Dutch Caribbean island of Aruba is offering to lease oil storage after terminating an ill-fated refining project with PdV Holding (PDVH), the opposition-controlled US subsidiary of Venezuela's national oil company PdV.
News ID: 9301 Publish Date : 2020/05/04
China's two largest oil companies state-controlled PetroChina and Sinopec slumped to big losses in the first quarter as the impact of the Covid-19 outbreak hit their domestic refining operations.
News ID: 9265 Publish Date : 2020/04/29
Qatari state-owned energy firm Qatar Petroleum (QP) has announced the integration of petrochemical firm SEEF into its operations, with QP Operations (Refining) to manage SEEF's facilities.
News ID: 9202 Publish Date : 2020/04/20
New Zealand's sole refinery the 135,000 b/d Marsden Point plant is considering halting refining activity and becoming an oil product importer as part of a strategic review of its operations.
News ID: 9178 Publish Date : 2020/04/16
The IEA said today that global refining throughput will fall by 7.6mn b/d year-on-year in 2020, to its lowest in a decade at 74.3mn b/d, and said that product stockbuilds are inevitable.
News ID: 9152 Publish Date : 2020/04/15
The opposition-controlled US arm of Venezuelan state-owned PdV struck a deal with Aruba's government to transfer operation of a dormant refining asset inherited from its Caracas-based parent.
News ID: 8538 Publish Date : 2020/03/02
Alcoa Corporation will permanently close its Point Comfort alumina refinery in Texas, which has been idled since 2016.
News ID: 7989 Publish Date : 2019/12/17
Venezuela's US refining subsidiary Citgo increased light crude processing and fuel exports in the third quarter, the company said today.
News ID: 7798 Publish Date : 2019/12/06
The Australian listed resources company FYI Resources has reportedly received an industrial site in the Kwinana industrial area for its high purity alumina refining facility. The facility, as per the report, will refine kaolin feedstock arrived from FYI’s Cadoux Project.
News ID: 7758 Publish Date : 2019/12/04
Venezuela's state-owned PdV is shipping petroleum coke to Cuba to reduce stockpiles of the oil byproduct at the 940,000 b/d CRP refining complex in Falcon state, according to multiple company officials.
News ID: 7588 Publish Date : 2019/11/27
The managing director of Iran’s Jey Oil Refining Company said the company, the biggest exporter of bitumen in Iran and the Middle East, is exporting the product to 19 countries.
News ID: 7330 Publish Date : 2019/11/09
Up to 90pc of the global marine fleet will be using compliant fuel in December, Phillips 66 said today.
News ID: 6993 Publish Date : 2019/10/25
This is the first of a five-part special report on China's small independent refiners. S&P Global Platts conducted an extensive tour of the Shandong-based refining sector to gauge the direction it is headed and what it means for global oil markets. Shandong's independents have come a long way, having driven China's and global oil demand growth, but they also face new challenges as the country's overall refining sector evolves.
News ID: 6837 Publish Date : 2019/10/21
Gold bars fraudulently stamped with the logos of major refineries are being inserted into the global market to launder smuggled or illegal gold, refining and banking executives tell Reuters. The fakes are hard to detect, making them an ideal fund-runner for narcotics dealers or warlords.
News ID: 6219 Publish Date : 2019/08/28
Chinese private-sector firms Rongsheng and Hengli relied on petrochemicals to generate profits in this year's first half, despite raising run rates at their new integrated refineries.
News ID: 5873 Publish Date : 2019/08/12
China National Offshore Oil Co (CNOOC) has signed an agreement with Abu Dhabi National Oil Co (ADNOC) on upstream exploration and development, oil refining and liquefied natural gas trade, ADNOC said on Monday.
News ID: 5414 Publish Date : 2019/07/23
Head of National Iranian Oil Refining and Distribution Company (NIORDC) said Iran’s crude oil and gas condensate refining capacity has increased by 38.8 percent since 2017.
News ID: 5392 Publish Date : 2019/07/22
Saudi oil giant Aramco will buy an equity stake in Malaysian firm Petronas' major refining and petrochemical project, pumping in $7 billion in its biggest downstream investment outside the kingdom, the companies said on Tuesday.
News ID: 1011 Publish Date : 2017/03/03