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Oil Refinery
Egypt to Build $7.5bn Petrochemical Complex in Ain Sokhna
Deal aims to meet local production needs and help the country become a regional energy hub
Oil Refinery
Korean Oil Refineries Offset Weak Oil Demand with Market Diversification
South Korea’s major oil refiners are going all-out to recoup losses from a Covid-19 pandemic-driven slump with market and product diversification.
Oil & Gas Trade
China-Philippine Gasoil Flows Hit Record High in March
China exported a record amount of gasoil to the Philippines in March, as refinery shutdowns in the southeast Asian country supported import demand.
Oil Refinery
SA’s Oldest Refinery, Engen, to be Converted to a Storage Terminal
The Engen refinery in Wentworth is set to be converted into a storage terminal due to low profit margins and a challenging refining environment.
Oil Refinery
Duqm Refinery Project Marks 80% Progress
Duqm Refinery and Petrochemical Industries Company has announced that the progress in Duqm refinery project exceeded 80 per cent by end of March and increase fr…
Oil Field
L&T Secures Contract to Build Large Oil & Gas Supply Bases in Saudi Arabia
The company said that the project involves constructing industrial facilities of different sizes, an administration building, ancillary buildings, associated in…
Oil Refinery
PetroChina’s Jieyang Refinery Plans Start-up Next Year
Chinese state-controlled firm PetroChina's under-construction 400,000 b/d Jieyang refinery in south China's Guangdong province is targeting a start-up in the fi…
India
Praj Industries to Set up Ethanol Plant for Godavari Biorefineries
Praj will expand the existing ethanol manufacturing capacity of the plant to 600 Kilo Liter Per Day, from the existing 400 KLPD.
Oil Refinery
Indonesia’s Cilacap Refinery to Raise Output After Fire
Indonesian state-owned refiner Pertamina will increase gasoline production at its largest refinery, the 348,000 b/d Cilacap plant, to help meet a shortfall caus…
Hydrogen Project
Sinopec Wants to Become China’s Number One Hydrogen Firm
Asia’s largest oil refiner Sinopec on Monday announced its plan to build 100 hydrogen refuelling stations this year as the company reaffirmed its aim to set …
Oil Refinery
IEA sees only one refinery operating in Australia
The International Energy Agency expects only one refinery to continue operating in Australia, implying that another refinery will close within the next five yea…
Oil Refinery
BP to Close Refinery in West Australia by 31 March
The Kwinana Refinery will be converted into an import terminal.
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…
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