Oil refinery news
Limetree Bay activates COVID-19 response plan
Limetree Bay has announced a range of measures activated in response to the COVID-19 pandemic.
Wood Mackenzie: China’s crude reserves to reach 1.15 billion bbl
Wood Mackenzie analysis has revealed that China’s crude stock could reach 1.15 billion bbl in 2020.
Gazprom Neft completes hydrotreatment modernisation project
Gazprom Neft has announced the completion of the modernisation of its diesel hydrotreatment facility in Omsk, Russia.
Emerson releases new corrosion monitoring software
Emerson has announced the latest version of its software for the monitoring of corrosion in hydrofluoric acid alkylation units.
Marathon Petroleum names new President and CEO
Michael J. Hennigan has been appointed to the position of President and CEO of Marathon Petroleum Corp.
Up to 3 million bpd of extra oil could hit market from April
Rystad Energy has reported on the 3 million bpd of extra crude which can hit the market from April, with more coming in May.
Russia leads FSU refining capacity growth
GlobalData has reported that Russia will drive the Former Soviet Union’s refining industry capacity growth by 2024.
Saudi Aramco releases 2019 financial results
Highlighting strong profits despite a challenging macro environment, Saudi Aramco has released its 2019 financial results.
Maire Tecnimont announces €220 million contract awards
Maire Tecnimont has announced that its main subsidiaries have been granted contract awards for a total amount of €220 million.
Iran to contribute 31% of Middle East refinery capacity additions
GlobalData has reported that Iran is set to lead Middle East new-build refining capacity additions by 2024.