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Sunday, October 20, 2019

Tag: refinery

Mexico president announces start of work on US$8 billion refinery

The huge project aims to boost Mexico's struggling state oil company Pemex and provide economic stimulus to the country's impoverished south.

Pertamina to process crude oil at Petronas refineries

The Indonesian oil corporation wants to process crude produced from its Malaysian fields and from Iraq.

China’s Sinopec reveals US$687 million oil trading loss

The massive trading loss pulled down the refiner's Q4 profits, although its annual result still reached its best finish since 2013.

Asian oil refiners lose money as margins turn negative; worst in...

The benchmark Singapore margins for RON92 gasoline against Brent crude oil hit minus US$1.44 (RM6) a barrel, the weakest level since Nov 2011.

India’s Maharashtra puts land purchase for Saudi Aramco refinery on hold

The US$44 billion refinery was seen as a game changer for both parties.

Petronas-Saudi refinery offloads first oil cargo

The cargo of 2 million barrels of crude oil supplied by Petronas and Aramco will be used for the commissioning and testing activities set to start next month.

Oil prices fall amid surprise growth in US crude stocks

The latest escalation in the tit-for-tat trade war between the United States and China stoked worries over global economic growth and demand for oil.

Petronas-Saudi Aramco venture seeks commitments for US$9.7 billion loan

The new borrowing comprises three tranches: an export credit agency facility, an ECA-covered portion and an uncovered commercial piece of around US$3.08 billion.

Japan begins clean-up after typhoon kills 11; major airport closed

Chief Cabinet Secretary Yoshihide Suga said on Wednesday afternoon about 470 people were injured.

Sources: Aramco to ship first crude oil to Malaysia in October

Saudi Aramco will supply 50% of RAPID's crude oil with an option of increasing it to 70%.

Ten hurt in blast, blaze at German refinery

The explosion took place at around 5:30 am (0330 GMT) in a site owned by the Bayernoil group near the Bavarian city of Ingolstadt.

Owners of idle St. Croix oil refinery plan 2019 restart

After St. Croix was struck by two hurricanes last year, the refinery would be a boost to the island's well-being.

ExxonMobil mulls ‘multi-billion’ dollar expansion at Singapore refinery

The project is aimed at increasing the competitiveness of ExxonMobil’s Singapore refining-petrochemical complex.

Wisconsin oil refinery fire out, at least 15 hurt, officials say

Thousands of residents of Superior, Wisconsin, had to be evacuated because of the fire.

Uganda inks deal with consortium to build oil refinery

A deal with the Albertine Graben Refinery Consortium will lead to the building and operation of an oil refinery near Hoima.

Saudi Aramco finalises refinery deal with Petronas

Saudi Aramco will supply 50% of the refinery's crude oil with an option of increasing it to 70%.

Petronas plans to upgrade Kerteh refinery by 2022

Kerteh refinery is looking to switch to other grades such as medium-sweet Kimanis as production of light sweet Tapis crude is declining.

Singapore holds 17 men, seizes tanker over alleged Shell oil theft

The oil was allegedly stolen from the Pulau Bukom industrial site in western Singapore, which Shell describes as one of its most important production sites in the world.

Pengerang integrated complex 77% complete

It is expected to be fully operational in the first quarter of 2019, says PM.

Worker finds pistol in gas cylinder at refinery

Police say pistol was loaded with several rounds of ammunition.

‘No risk to Malaysian interests in Saudi Aramco-Petronas deal’

Saudi Aramco will supply up to 70% of crude feedstock for the Rapid refinery, while natural gas, power and other utilities will be supplied by Petronas.

China takeover of Malaysian refinery rescued 85% of the jobs

Port Dickson refinery will become fully owned by China firm.