Chevron Lummus Global Lands 'Sizeable' Deal with Asian Refiner
Oilfield services firm McDermott International has informed that its Chevron Lummus Global (CLG), McDermott's joint venture with Chevron, has been awarded a sizeable contract by a Southeast Asian refiner.The contract is for for the license…
Adnoc Inks Base Oil Deal with IOC
The Abu Dhabi National Oil Company (Adnoc) announced that it has signed another significant long-term sales agreement with Indian Oil Corporation (IndianOil) for its high-quality base oil called ADbase.IndianOil…
Hyundai Heavy Sells Oil Stake to Saudi Aramco
South Korean shipyard Hyundai Heavy Industries sells its share of oil refinery Hyundai Oilbank to Saudi Arabian oil giant Saudi Aramco.According to a press release, Saudi Aramco’s subsidiary, Aramco Overseas…
ExxonMobil Mulls "multi-billion" Dollar Singapore Refinery Expansion
ExxonMobil said on Tuesday it plans to make a final investment decision in 2019 on what it called a "multi-billion dollar" project that would expand its clean fuel and lubricant output at its Singapore refinery.
Petroleum Storage Terminal opens in Hamriyah Free Zone
Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority (HFZA) and Sharjah Airport International Free Zone (SAIF Zone) inaugurated the petroleum storage terminal of Sharafco Group at Hamriyah Free Zone’s first phase recently.
Ocean Endeavor Repair Completed
Harris Pye Engineering Group completed repair works during the two-stage multi-million dollar Diamond Offshore demobilization project for its semi-sub rig Ocean Endeavor from the Black Sea, which completed its contract in January 2016.
Zargon Oil & Gas Sells Southeast Saskatchewan Assets
Zargon Oil & Gas Ltd. announced the closing of the sale of all of its Southeast Saskatchewan assets for cash consideration of $89.5 million. The effective date of the transaction is July 1, 2016. The proceeds…
Big Win for Maersk Fluid Technology’s BOB System
In the second half of 2015, Maersk Fluid Technology introduced a new version of its cylinder oil ‘Blending-On-Board’ (BOB) system, targeting medium-sized 2-stroke propulsion engines with a cylinder bore between 420 and 680 mm.
Total's Largest Lubricant Plant Opens in Singapore
Total said on Friday it had started operations at a new lubricant oil plant in Singapore, the French energy company's largest such facility in the world, as it seeks to double volumes in Asia over the next 10 years.
Saudi Aramco May Shutter Jeddah Refinery
State oil giant Saudi Aramco is considering whether to close its 90,000 barrel per day crude oil refinery in Jeddah after several years because of age and environmental concerns, industry sources said.
ExxonMobil Outlines Rotterdam Upgrade Plan
Exxon Mobil Corp plans to add high-quality lubricants production to its 190,000 barrel per day (bpd) Rotterdam refinery, the company said on Thursday. Exxon is also considering expanding production of high-quality fuels such as diesel at Rotterdam…
Strike Impacts Lube Output at Total's Gonfreville Refinery
A 72-hour strike at Total's Gonfreville refinery in northern France has halted production of base oils and reduced diesel output by about 10 percent, a CGT union official said on Tuesday. The French oil…
Total to Shut Lubricant Production Unit at Normandy Refinery
Total plans to shut a lubricant making unit at its Gonfreville refinery in northern France to focus on higher-quality automotive base oils, union sources said on Wednesday. The French oil company will…
Nigeria Energy Sector Closing the Gender Gap
As Nigeria's oil and gas industry flourishes, businesswomen across the country are finding greater opportunities to carve out their place in this male-dominated field. Since 2010, federal initiatives,…
SK Lubricants Starts Operations in Spain
South Korea's SK Lubricants Co Ltd said on Monday it has started commercial operations at a 330 million Euro ($413 million) lubricant base oil joint venture in Spain with Repsol. The plant has a capacity to produce 13…
Chevron’s Pascagoula Refinery Starts Production
Chevron Corporation subsidiary Chevron U.S.A. Inc. announced that it has begun commercial production of premium base oils from a newly constructed manufacturing facility at the company's Pascagoula refinery.
