Voting on Petrobras refineries privatisation postponed
Voting on the sale of Petrobras' refineries has been postponed by Brazil's Supreme Court, without setting a new deadline.
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Voting on the sale of Petrobras' refineries has been postponed by Brazil's Supreme Court, without setting a new deadline.
The company will supply up to 2.5 petajoules of natural gas under the initial two and a half year agreement.
The review is due to a gradual rise in use of cleaner fuels and changing demand patterns in India.
The Court’s decision paves the way for Meridian to complete engineering, procurement and financing for the Davis project.
Hengyi is planning to add a 280 000 bpd crude oil refinery and a 2 million tpy paraxylene unit at its complex in Palau Muara Besar.
Australia's government has announced plans to subsidise the country's refineries in order to keep them open wherever commercially possible.
The US's only offshore terminal, the Louisiana Offshore Oil Port (LOOP), stopped loading tanker ships on Sunday, while the port of New Orleans closed on Monday.
In response to falling fuel demand, the integration of a refinery with a petrochemicals plant can improve the revenue generation potential of refiners, says GlobalData.
The company is exploring the shutdown of its refinery operations in Naantali and focusing the Naantali site on the terminal and harbour operations.
Fluor Corp. has announced that its joint venture (JV) with Daewoo Engineering & Construction and Hyundai Heavy Industries, FDH JV, has successfully started up two boilers at the new Al-Zour Refinery.
The engineering services will optimise the refinery’s existing process units’ performance and will address operability and maintenance issues.
ADNOC Onshore has awarded contracts to upgrade two main oil lines and crude receiving facilities at the Jebel Dhanna terminal in Abu Dhabi.