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Downstream news

 

Murban Futures contracts commence trading

The Abu Dhabi National Oil Co. (ADNOC) and Intercontinental Exchange (ICE) celebrates the start of trading of the United Arab Emirate’s (UAE) flagship crude oil, Murban.

 
 
 

Petrobras approves sale of RLAM refinery

Petrobras has approved the sale of its Landulpho Alves refinery (RLAM) in São Francisco do Conde, Bahia, Brazil, and its associated logistical assets for Mubadala Capital for the amount of US$1.65 billion.

 
 
 

Fire at Balongan oil refinery

Indonesia’s state oil company Pertamina is trying to control a fire at its Balongan oil refinery in West Java.