Sunday, 17 May 2015

Refining Week, May 15th 2015

Nigeria's richest man, plans to build Africa's biggest refinery. The Dangote Refinery at Lekki near Lagos will have capacity of 400,000 barrels per day. The latest news is that it is to use UOP technology for many of its process units.

In Greece, 6 workers were injured at a fire in the  Aspropyrgos Refinery.

In Brief

  • Baiji Refinery continues to be in the news, with claims that it may be damaged beyond repair
  • Workers at Marathon's Texas Refinery are planning to vote on ending strike action
  • Delta Airlines Trainer Refinery is no longer importing oil, but using 100 % domestic
  • A fire in the hydrocracker at Numaligarh Refinery was put out.
  • Sunday, 10 May 2015

    Refining Week, May 8th 2015

    It may not be a very big project, but Dakota Prairie Refinery is the first completely new facility to open in decades in the USA

    In Russia, the modernisation of the sector continues. Syzran Refinery is the latest to reach the EURO V milestone.

    A fire at Hellenic Petroleum's Aspropyrgos Refinery, injured six workers

    In Brief

    Sunday, 3 May 2015

    Refining Week, May 1st 2015

    News that we have been waiting for for a long time, came from India: IndianOil's Paradip Refinery starts crude processing

    The new Paradip Refinery, at 300,000 bpd and 12.2 Nelson Complexity is a great example of what a modern refinery should be.

    In Iraq, the Basrah Refinery Upgrading Project which has also been delayed for years, finally has a PMC contractor. Technip which has previously been awarded similar work in Iraq, has won PMC contract for the Basra Refinery Upgrading project

    In Short

    Wednesday, 29 April 2015

    Refining Week, April 24th 2015

    The combination of sanctions and low oil prices is making life difficult for those Russian companies that want to upgrade their refineries.

    Contrary to popular belief however, the projects are continuing, as the news flow shows. Afipisky is the latest example. CB&I Awarded Contract for Afipsky Oil Refinery Project.

    I suspect that progress will be slower than expected overall, but there has been no news of cancellations yet.

    Friday, 17 April 2015

    Refining Week, April 17th 2015

    The most important news of the week, comes from Total. They plan to convert their Provence Refinery to a biofuel plant by the end of next year, and to upgrade their Donges Refinery.

    It is interesting that despite high refinery margins, restructuring continues.

    In Iraq, ISIS once again attacked the country's largest refinery.

    SOCAR announced that part of its Eurobonds' proceeds, an amount of $500 million has been used for Star Refinery Project in Turkey. Like many such projects this one has been delayed a number of times

    The strike has still not been resolved in the USA, with workers at Marathon's Texas City Refinery and at Lyondell Basell's Houston Refinery, rejecting offers from their employers

    Thursday, 9 April 2015

    Refining Week, April 10th 2015

    Here is the main news from the sector this week:

    Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have signed an agreement to become partners in the Dung Quat Refinery, Vietnam's only operational plant.

    TonenGeneral Group to Optimize Kawasaki Refinery by reducing its capacity by 10,000 barrels per day. Last year the capacity was reduced by 67,000 bpd.

    There are reports that YASREF, the new refinery in Saudi Arabia, has started exports of Petrocoke.

    The Tema Refinery in Ghana has been shut due to mechanical fault at its and it will be closed for around a month.

    The USW strike has come to an end at the Catlettsburg Refinery 

    In Indonesia, Pertamina announced that Plaju Refinery would only run local crudes, meaning that it will run at half capacity.