It has been announced that the internal investigation in to Petrobras’ purchase of a US$ 1.1 billion Texas refinery is drawing to a close. The refinery was bought by Astra in 2005 for US$ 42.5 million but then bought only a year later by Petrobras for the much higher sum. This is part of a wider investigation in to money laundering surrounding the company.
Petrobras has announced that operations at the Abreu e Lima refinery are expected to start in November this year. The plant will initially run at half capacity, at approximately 115 000 bpd and run at full capacity from mid 2015 when the second 115 000 bpd train is ready for startup. The Comperj refinery is scheduled for startup in the third quarter of 2016.
A production line has been taken offline at the Porvoo refinery. The line has been shuttered for repairs following an unexpected mechanical failure and the work is expected to take approximately five weeks. The plant, located in Kilpilahti Industrial Area near Helsinki is owned by Neste Oil Corp.
Indian Oil Corp has announced plans to carryout major maintenance at three of its refineries. The Koyali, Haldia and Mathura refinery will be worked on and these plans are in addition to the maintenance work currently being carried out at the Panipat refinery.
Russia has announced plans to increase primary oil refining capacity in the country by 882 000 t in June. This increase will bring the total capacity available to nearly the highest levels achieved so far this year. Total unused refining capacity for June is expected to be 758 000 t, down from 1.64 million t this month.
On Monday 12 May a fire broke out at the steam boiler at the Chevron owned Richmond refinery. The fire was reportedly caused when lube oil going to the bearings of a fan at the steam boiler ignited. The blaze was extinguished quickly and no casualties were reported.
Edited from various sources by Claira Lloyd.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/13052014/13_may_oil_refining_update516/