News Articles

Shell completes crude storage capacity expansion at Bukom refinery

Royal Dutch Shell has completed a project to expand crude oil storage capacity at its 500kbd (12.5Mnta) Pulau Bukom refinery on Bukom Island, Singapore, raising storage capacity by almost 1.3MnBbls.

SOCAR-Sberbank JV to acquire 80% of Antipinsky refinery

SOCAR Energoresurs, a joint venture between Russia’s largest lender Sberbank and a group of investors, is to acquire an 80% stake in Russia’s Antipinsky oil refinery and oilfields in Russia’s Orenburg region once an audit of the assets is completed.

Sonangol advances plan for new Cabinda refinery

Sonangol has officially signed an agreement with the United Shine consortium for construction of the 60kbd (3Mnta) Cabinda refinery in Angola, for production of diesel, gasoline, fuel oil and Jet A1.

Port of Corpus Christi dredging project has commenced

Work began in April on a $400 Mn harbour-dredging project at the Port of Corpus Christi that will allow large oil tankers to fully load millions of barrels of oil for export to Asia, Europe and other global ports, with completion due yearend 2022.

Holly Frontier plans expansion of Navajo refinery

Holly Frontier plans to apply for a permit modification to enable it to upgrade the 100kbd (5Mnta) Navajo refinery in Artesia, New Mexico.