South Korea is deferring taxes on crude imports for the next three months to help refiners and other buyers weather a slump in fuel demand caused by the Covid-19 pandemic.
News ID: 9077 Publish Date : 2020/04/08
Lower refined products demand as a result of stay-at-home orders around the globe is reducing anode-grade green petroleum coke production and affecting some calcined coke supply.
News ID: 9070 Publish Date : 2020/04/08
According to a recent report, Achinsk Alumina Refinery in Krasnoyarsk Krai, Russia, is currently using a batch of BelAZ-7555V haulers. The batch, consists of six 55-tonne haulers, was delivered to Achinsk Alumina Refinery, part of Rusal Achinsk, by Krasnoyarsk-BelAZService in March.
News ID: 9061 Publish Date : 2020/04/07
North Atlantic will idle its 115,000 b/d refinery in Come-by-Chance, Newfoundland, on concerns that continued operations would be unsafe, the company said.
News ID: 9005 Publish Date : 2020/04/01
India's state-controlled Bharat Petroleum (BPCL) has reduced operating rates at its refinery-linked petrochemical units in Kochi and Mumbai because of the nationwide lockdown imposed to curb the spread of coronavirus.
News ID: 8988 Publish Date : 2020/03/31
Iranian Oil Ministry has authorized 74 domestic companies for the construction of petro-refineries across the country, IRNA reported on Monday, quoting Deputy Oil Minister for Planning Houshang Falahatian as saying.
News ID: 8929 Publish Date : 2020/03/17
Brazil's state-controlled Petrobras has postponed the receipt of binding offers for its domestic refineries as the oil price crash and coronavirus drastically alter market conditions.
News ID: 8796 Publish Date : 2020/03/20
Speciality products refiner Nynas' said it has been assured by the US Treasury that its restructure plans will be enough to remove it from sanctions.
News ID: 8693 Publish Date : 2020/03/12
Global refining throughput will fall this year to below 2017 levels, according to the IEA. The drop comes as demand falls for transport fuels, as a result of the coronavirus outbreak.
News ID: 8654 Publish Date : 2020/03/09
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
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
Iranian Oil Minister Bijan Namdar Zanganeh said the country’s biggest plant for collecting and processing of Associated Petroleum Gas (APG) is going to be launched early next calendar year which begins on March 20.
News ID: 8408 Publish Date : 2020/02/06
Two new oil products, namely Propylene and Normal Hexane, are going to be offered at Iran Energy Exchange (IRENEX) for the first time next week, IRNA reported on Monday, quoting the managing director of IRENEX.
News ID: 8366 Publish Date : 2020/01/27
CIMIC Group subsidiary UGL has reportedly bagged contracts worth A$180 million to provide services for maintenance, shutdowns, and sustaining capital projects to its mining clients in Western Australia.
News ID: 8335 Publish Date : 2020/01/24
Venezuelan president Nicolas Maduro's administration has not budged under a year of US sanctions targeting the Opec member's oil industry, but the halt in shipments from the third-largest source of heavy crude for the US reshaped trade flows to complex refineries.
News ID: 8332 Publish Date : 2020/01/24
The scheduled shutdown of Saudi Arabia's 400,000 b/d PetroRabigh refinery at the end of February will restrict its production of downstream polymers.
News ID: 8253 Publish Date : 2020/01/08
Availability of octane-boosting blendstocks could drive the US toluene and mixed xylenes (MX) market in early 2020 as new bunker fuel regulations affect global refinery operations.
News ID: 8201 Publish Date : 2020/01/03
Light sweet US crude volumes heading to southeast Asia are poised to increase in the coming year amid growing appetite for the grades from smaller refiners in the region, partly to comply with the International Maritime Organisation (IMO) 2020 regulations cutting sulphur in marine fuels.
News ID: 8123 Publish Date : 2019/12/27
Persian Gulf Star Refinery has initiated a scheme aimed at preserving Iranian cheetahs in Geno mountains, Hormuzgan Province, Southern Iran.
News ID: 8095 Publish Date : 2019/12/25
China is breaking records for crude oil imports and is not likely to stop soon as new refineries ramp up and hopes grow that the easing of trade tensions with the US will bolster the economy.
News ID: 8012 Publish Date : 2019/12/17
