Oil refinery news
US refinery runs hit fifth consecutive annual record high in 2018
EIA finds that the average US refinery runs in 2018 were 17.3 million bpd, with further increases expected.
KBR awarded Aramco contract for SDA technology
KBR will supply supercritical solvent deasphalting technology to Saudi Aramco’s Riyadh Refinery.
New contract for ethylene and refinery expansion complex in China awarded to Wood
A further development in the company’s relationship with Sinochem, Wood will provide project management and EPCM services.
Healthy isobutane market growth forecast
Research by Reports and Data has found that the market will reach US$34 billion by 2026.
Petrochemical cooperation planned between OMV and ADNOC
Another development in ADNOC’s strategy of expanding its petrochemical business, OMV plan further collaboration with the UAE company.
McDermott announces successful start-up of Chinese reactor
The largest reactor of its type has been built by the American multinational at the PetroChina refinery in Jilin, China.
LOTOS Group releases 2018 financial report
With record profits and processing more crude oil than ever, the Polish company stands in good stead for 2019.
Honeywell and Wood collaborate to deliver refining and petrochemical solutions through connected plant technology
Collaboration will lead to improvements in delayed coking bottoms upgrading processes to improve reliability, efficiency and profitability.
China and Nigeria to lead growth in the global refinery crude distillation units industry
GlobalData forecast that China and Nigeria will drive capacity growth in the global refinery CDUs industry over the next four years.
US Gulf Coast refinery demand for hydrogen increasingly met by merchant suppliers
As demand for hydrogen increases, US Gulf Coast refiners are consuming more hydrogen from merchant suppliers than from their own production.