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Iran to start offering 2 new oil products at IRENEX next week

27 January 2020 - 16:07
Two new oil products, namely Propylene and Normal Hexane, are going to be offered at Iran Energy Exchange (IRENEX) for the first time next week, IRNA reported on Monday, quoting the managing director of IRENEX.

UGL bags contract to provide maintenance services to mining clients in W. Australia

24 January 2020 - 19:15
CIMIC Group subsidiary UGL has reportedly bagged contracts worth A$180 million to provide services for maintenance, shutdowns, and sustaining capital projects to its mining clients in Western Australia.

North Atlantic will idle Come-by-Chance refinery

1 April 2020 - 18:53
North Atlantic will idle its 115,000 b/d refinery in Come-by-Chance, Newfoundland, on concerns that continued operations would be unsafe, the company said.

India’s BPCL cuts petchem refinery rates on lockdown

31 March 2020 - 20:02
India's state-controlled Bharat Petroleum (BPCL) has reduced operating rates at its refinery-linked petrochemical units in Kochi and Mumbai because of the nationwide lockdown imposed to curb the spread of coronavirus.

Petrobras suspends refinery sales

20 March 2020 - 20:46
Brazil's state-controlled Petrobras has postponed the receipt of binding offers for its domestic refineries as the oil price crash and coronavirus drastically alter market conditions.

Iran authorizes 74 domestic companies to build petro-refineries

17 March 2020 - 16:09
Iranian Oil Ministry has authorized 74 domestic companies for the construction of petro-refineries across the country, IRNA reported on Monday, quoting Deputy Oil Minister for Planning Houshang Falahatian as saying.

Nynas says gets US approval on sanctions removal

12 March 2020 - 19:47
Speciality products refiner Nynas' said it has been assured by the US Treasury that its restructure plans will be enough to remove it from sanctions.

Global refinery throughput to decline in 2020: IEA

9 March 2020 - 20:43
Global refining throughput will fall this year to below 2017 levels, according to the IEA. The drop comes as demand falls for transport fuels, as a result of the coronavirus outbreak.

PdV Holding to end Aruba contract by mid-Mar

2 March 2020 - 18:03
The opposition-controlled US arm of Venezuelan state-owned PdV struck a deal with Aruba's government to transfer operation of a dormant refining asset inherited from its Caracas-based parent.

Iran’s biggest APG processing plant to go on stream soon

6 February 2020 - 16:21
Iranian Oil Minister Bijan Namdar Zanganeh said the country’s biggest plant for collecting and processing of Associated Petroleum Gas (APG) is going to be launched early next calendar year which begins on March 20.
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