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Oil Refinery
Sinopec Q1 Net Profit $2.9 bln, Refinery Output Surges 16 per cent
Asia's top oil refiner, also known as Sinopec, posted a 19.15 billion yuan loss during the same period last year under international accounting standards, as th…
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.
Crude Oil
Taranto to Take First Seaborne Crude in Months
Italian integrated firm Eni's 84,000 b/d Taranto refinery is preparing to take its first seaborne crude cargo since September as domestic onshore supplies are c…
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.
Electric Vehicle Battery
SK Innovation Shifts Into Full Gear for EV Battery Biz
Seoul, SK Innovation, South Korea's refinery-to-battery maker, is back in the driver's seat to propel its electric vehicle battery business with stake sales and…
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…
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…
Neste Selects Rotterdam as a Location for Its Possible Next World-Scale Renewable Products Refinery
Neste announced in March 2020 an intention to increase its renewable products production capacity in Europe according to the company strategy.
Oil Refinery
BP to Close Refinery in West Australia by 31 March
The Kwinana Refinery will be converted into an import terminal.
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