Oil refinery news
Siemens gains IEC 62443 certification for secure system integration services
TÜV SÜD certified process for system integration and solution project processing in conformity with IEC 62443-2-4 and -3-3.
EIA: High gasoline inventories help drive US refining margins to five-year lows
Flattening year-over-year growth in gasoline demand in the United States, combined with high levels of refinery output, have contributed to low or negative motor gasoline refining margins for refiners along the East and Gulf Coasts.
Par Pacific to acquire US Oil & Refining Co.
Acquisition connects assets in Hawaii, Pacific Northwest and the Rockies.
Ecopetrol to invest US$3.5 – 4 billion in 2019
Company’s downstream investment plan focuses on Barrancabermeja and Cartagena refineries.
Tallgrass Energy announces binding agreement surrounding refining complex and liquids terminal
A proposed pipeline would serve both the St. James complex and Plaquemines Liquids Terminal in Louisiana.
Saudi Aramco CEO reveals key aspects of downstream strategy at GPCA Forum 2018
Amin H. Nasser told delegates that the company’s objective is to bring its downstream business to the same level as its upstream.
Praxair signs long-term agreement to supply Fulcrum’s Sierra BioFuels Plant in Nevada
Praxair will build two vacuum pressure swing adsorption (VPSA) plants at the facility, which is under construction and expected to start up operations in early 2020.
Saudi Aramco inks five crude oil supply agreements with Chinese companies
Agreements take the total 2019 COSA volume to 1.67 million bpd, the largest in China’s history.
Dundee Energy Ltd announces completion of assets sale
Sale completed pursuant to an order of the Ontario Superior Court of Justice.
US sets new record for petroleum demand
The API’s latest statistical report shows that October demand was the strongest since 2006.