News Articles
Pemex seeking US$3 Bn private investment for Tula refinery
Pemex is looking for a private company to invest approx. US$3 Bn in its240kbd (14Mnta) Tula refinery in Hidalgo state, to enable it to complete the delayed coker plant at the refinery, after a project to rehabilitate the unit was suspended in 2016 due to a budget shortage.
Fergana refinery modernisation advances
Fergana Oil Refinery (FNPZ), now under the trust management of Jizzakh Petroleum JV (a joint venture of JSC Uzbekneftegaz and Gazprom International) has undertaken a $300 Mn modernisation project at its 110kbd (5.5Mnta) Fergana refinery in Uzbekistan.
Irving finalising deal to purchase Come By Chance refinery whilst another suitor waits in the wings
Irving Oil is finalising its deal to purchase North Atlantic Refining’s Come By Chance refinery, and other assets. The regulatory approval process and due diligence is currently underway. Meanwhile, Origin International is signalling that it's still interested in the facility after failing in the original bidding process.
PKN Orlen commences new visbreaking project at Plock refinery
Polski Koncern Naftowy (PKN Orlen) has commenced construction on its project to add a new visbreaking unit at its 327.3kbd (16.365Mnta) Plock integrated refining and petrochemical complex in Poland, which is scheduled to be completed in 30 months and ready for commissioning in December 2022.
REPAR plant completes renewable diesel production testing
Petrobras has completed industrial-scale tests for production of renewable diesel at its 208kbd (10.4Mnta) Presidente Getúlio Vargas refinery (REPAR) in Araucária, Paraná, Brazil.