PDVSA of Venezuela has started running tests to evaluate the feasibility of restarting five units at the Aruba refinery. The 235 000 bpd facility was taken offline in 2012 due to high costs.
On the evening of Monday 2nd December a fire broke out at the Taloja factory, Navi Mumbai. The entire factory housing petroleum products for the petrochemical unit were gutted in the fire but no causalities were reported. A blast in a boiler at the facility is thought to be the cause of the fire.
It has been announced that Kenya is going to stop refinery operations in the country. After the ties with Essar Energy have been cut, the Kenya Petroleum Refineries Ltd facility is going to be converted into a storage facility. The storage site will employ approximately 300 people.
The Niger Delta JTF has shutdown 134 illegal refineries in Yenagoa. The JTF also sized two barges used by oil thieves over the weekend. The operation in which the refineries were thwarted was carried out between 22nd – 30th November. Oil dumps have also recently been discovered by the JTF.
Shell Petroleum Corp. has announced that it will be investing P12 billion in two projects in the Philippines. The projects in Luzon and Mindanao are part of the company’s expansion in this growing economy. P6 billion is being invested in an import terminal in Luzon and P6 billion on upgrading the Luzon refinery.
The Azerbaijan state oil fund has invested US$ 475 million to fund construction of the Star oil refinery in Western Turkey. US$ 300 million will be spent in 2014 for the project which will start processing in the middle of 2017. The plant, once completed is expected to have a processing capacity of 10 million tpy.
A new biofuel refinery southeast of Raleigh, North Carolina, is due to begin production in 2016. The plant is the first of its kind in the US and will produce ethanol from wild grasses and other energy crops. The facility will be home to 45 employees and have a processing capacity of 300 000 tpy.
Edited from various sources by Claira Lloyd.
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