News Articles

Husky considers sale of Canadian downstream assets

Husky Energy is undertaking a strategic review that could result in the potential sale of its Canadian retail and commercial fuels business, which includes the 12kbd (0.6MntaMnta) Prince George refinery in British Columbia.

Par Pacific acquires Tacoma refinery and assets

Par Pacific Holdings has completed its previously announced deal to purchase US Oil & Refining’s downstream assets, including the 42kbd (2.1Mnta) Tacoma refinery in Washington.

Satorp awards contract for Jubail refinery

Saudi Aramco Total Refinery & Petrochemicals (Satorp) has awarded a contract to KBR for a debottlenecking project at Train 2 of its 440Kbd (22Mnta) full-conversion Jubail refinery complex on Saudi Arabia’s eastern coast.

Exxonmobil completes Augusta refinery sale

The sale of Exxonmobil’s 175kbd (8.75Mnta) Augusta refinery in Italy to Sonatrach has been completed. The addition to its portfolio will allow Algeria to import sufficient refined products to meet domestic demand whilst it continues with modernisation of its existing refineries.

Phase 2 of Ogbele refinery to be commissioned in March 2019

Niger Delta Exploration and Production (NDEP) will be commissioning Phase 2 of the Ogbele Modular Refinery in March, eight years after Phase 1 was commissioned.