The Steelworkers Union has decided to help the Come By Chance refinery find a potential buyer, though the Union itself is not a potential buyer.
Construction of the new Phase 1 400kbd (20Mnta) at Yulong refinery in Shandong, China is expected to commence within the month, and is one of a number of new projects backed by the provincial government and launched in an official ceremony on 24 October.
Brooge Energy has begun preconstruction work for its Phase 3 refinery and storage expansion at its existing terminal operations in Fujairah, UAE. The facility is expected to be operational in late 2022.
The construction of the New Talara Refinery in Peru is in its final stage and at 91% completion. Start-up of the process units will begin at the end of November 2021 with the Primary Distillation Unit and it is estimated that the entire start-up process of all 16 units is achieved in approx. 4 months.
Two major oil refining projects in Kuwait will be fully commissioned by the end of 2020 – the 615kbd (30.75Mnta) Al-Zour refinery and the Clean Fuel Project (CFP) at the Al-Ahmadi and Mina Abdullah refineries.