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Oil & Gas Trade
Hyundai Oilbank to Export Gasoline to the U.S. for First Tim
Hyundai Oilbank announced on March 15 that it will export gasoline products to the United States in the second quarter of the year.
Oil Refinery
Oil Refining Companies Discuss Carbon Neutrality
The Ministry of Trade, Industry and Energy, SK innovation, GS Caltex, S-Oil and Hyundai Oilbank discussed carbon neutrality strategies on March 11.
Crude Oil
Iranian Crude Clogs Chinese Ports Despite US Sanctions
Congestion at one of China’s major refinery hubs was reportedly caused by soaring exports of crude from the Persian Gulf nation, which are expected to grow fur…
Oil Refinery
Petron to Restart Philippine Refinery by 2H 2021
Philippine private-sector firm Petron plans to resume refining activity at its 180,000 b/d Bataan refinery by the second half this year on expectations of a sig…
OPEC
India Asks Refiners to Diversify, Cut Reliance on Middle East Oil After Opec+ Decision
India, hit hard by the soaring oil prices, has urged producers to ease output cuts and help the global economic recovery
Oil Refinery
Indian Oil Shares Gain Over 3% on Panipat Refinery Capacity Expansion Plan
IOC board approved capital investment for capacity expansion of Panipat Refinery from 15 MMTPA to 25 MMTPA.
Oil Refinery
Iranian Firm Wins Tehran Refinery Upgrade Project
Iranian contracting company Chagalesh Consulting Engineers has been awarded a €200mn engineering, procurement and construction contract to upgrade a number of …
Oman
Oman’s Duqm Refinery ' Ore than 75pc' Complete
Construction work on Oman's 230,000 b/d Duqm refinery project has crossed the 75pc mark, operator OQ8 said.
Crude Oil
Altrad Snaps up Contracts Worth £30m for Work at Major Oil Refinery
Industrial services giant Altrad has signed two long-term contracts with a major oil refinery on the east coast of England, worth an estimated £30 million.
Oil Pipeline
Iran Controls Oil Pipeline Spillage, Fire in Southwest
A pipeline carrying crude oil to Iran’s second largest refinery ruptured and burst into flames on Sunday, but the spillage and the blaze were brought under con…
Energy Technology
Tüpras Selects Honeywell Technology
UOP provided the basic engineering, catalysts and technical services for the project.
Crude Oil
U.S. Briefly Became Net Petroleum Importer This Year
The United States briefly returned to being a net importer of crude oil and petroleum products in May and June this year, as U.S. crude oil and refinery output …
Hydrogen Project
Orsted, BP Join Forces on German Green Hydrogen Project
Electrolyser at the Lingen refinery in Emsland is due to be operational in 2024.
Oil & Gas Trade
China’s Jinzhou Refinery Exports First Diesel to Chile
Chinese state-controlled refiner PetroChina's Jinzhou refinery in Liaoning province has exported its first diesel cargo to Chile.
Biomass Power Plant
Spain: Repsol Plans First Advanced Biofuels Plant in Cartagena
Repsol will build the first production plant for advanced biofuels in Spain at its Cartagena refinery.
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