News Articles

Petrobras advances refineries divestment programme

Petrobras has started the non-binding phase for the sale of its refineries in Brazil. The divestment includes the 46kbd (2.3Mnta) Isaac Sabbá Refinery (REMAN) in Manaus, Amazonas State, and the 8kbd (0.4Mnta) Northeast Lubricants and Oil Derivatives (LUBNOR) in Fortaleza, Ceará.

Exxon Mobil seeking buyer for Montana refinery

Exxon Mobil is seeking a potential buyer Billings refinery in Montana, which has a capacity of approx. 60kbd (3Mnta), as it looks to direct investment towards its three Gulf Coast refineries at Baytown and Beaumont in Texas and Baton Rouge in Louisiana.

Heydar Aliyev Baku refinery repair nearing completion

The ongoing repair at SOCAR’s Heydar Aliyev Baku oil refinery in Azerbaijan is nearing completion and the repaired facilities are gradually being commissioned, and is expected to be completed 4 November 2019.

LPG processing unit starts operations at Mina Al-Ahmadi refinery

KNP started operating an LPG processing unit in Mina Al-Ahmadi refinery in Kuwait, with a production capacity of 2.264kbd (0.1132Mnta).

Zhanjiang refinery launches mainstream gas pipeline

Sinopec’s Zhanjiang integrated refinery complex in Guangdong has launched its main gas transmission pipeline. There will be orderly push forward as the company gets ready for the operation of the 300kbd (15Mnta) refinery, but no details of the refinery launch have been provided.