Exxon to Lay Off 300 Workers in Singapore
Exxon Mobil Corp plans to cut its workforce in Singapore, home to its largest oil refining and petrochemical complex, by about 7% amid the "unprecedented market conditions" resulting from the COVID-19 pandemic, it said on Wednesday.About 300 positions out of 4,000 current jobs will be impacted by the end of 2021…
Shell to Slash Jobs and Capacity at Major Singapore Refinery
Royal Dutch Shell will halve crude processing capacity and cut jobs at its Pulau Bukom oil refinery in Singapore as part of an overhaul to reduce its carbon emissions.The refinery on Pulau Bukom, a small island in the Southeast Asian city-state, can process 500,000 barrels per day (bpd) of oil and is Shell's largest…
Rosneft, Pertamina Poised for Indonesian Refinery Deal
Rosneft, Russia's largest oil producer, and Indonesia's Pertamina will sign a framework agreement later this week on an oil refinery in Indonesia, Russian presidential aide Yuri Ushakov told reporters on Tuesday. He did not elaborate. Pertamina has been looking for a development partner for the $12 billion Tuban refinery project.
Pemex: Brush Fire at Salamanca Refinery Contained
Mexico's state oil company Pemex said on Monday that a brush fire at its Salamanca refinery has been contained before it reached any installations or caused any injuries. The refinery, located in central Guanajuato state, is operating normally, although though due to "environmental conditions it has not been possible to completely extinguish" the blaze, Pemex said in a brief statement.
Pemex: Tula Refinery Fire Doused, Output Unaffected
Mexico's state-run oil company Pemex said on Wednesday that an early morning fire at it's second biggest refinery left no workers injured and did not affect production. Local television footage showed an intense ball of fire around 2 a.m. local time at the Miguel Hidalgo refinery on the outskirts of the city of Tula and featuring a crude processing capacity of 315,000 barrels per day.
Pemex Refinery Fully Running After Power Outage
Mexican state oil company Pemex said on Friday that its Salamanca refinery was operating as normal after a power outage earlier this week. "On Thursday we restarted the cracker and today it is working completely normally," a Pemex spokesman said. The Salamanca refinery, in central Guanajuato state, is Pemex's fifth largest with a crude processing capacity of 220,000 barrels per day.
Pemex's Salamanca Refinery Shut Down by Power Outage
Mexican state oil company Pemex said on Tuesday all plants at its Salamanca refinery were temporarily stopped due to a power outage. The company said on its official Twitter page that there was no fire and the incident was under control. The Salamanca refinery, in central Guanajuato state, is Pemex's fifth biggest, with a daily crude processing capacity of 220,000 barrels.
Valero CEO Sees Growth, but Not Acquisitions
Valero Energy Corp is taking advantage of low oil prices to aggressively build out its refining and logistical assets, but new acquisitions are not planned, Chief Executive Joe Gorder said at the company's annual shareholders meeting on Thursday. "There is nothing currently pending," Gorder said of potential acquisitions. There were no great logistics assets up for grabs.
Pemex Tula Oil Refinery Back to Normal After Fire
Mexican state-owned oil company Pemex said on Friday that it had contained a fire at its Miguel Hidalgo refinery and that the facility was back to normal operations. No workers were injured, and the facility near the city of Tula in central Hidalgo state sustained only minor damages, the company said in a statement.
Part of Petrobras REPAR Refinery Shut After Malfunction
Brazil's state-run oil company Petroleo Brasileiro SA sharply cut output from its 208,000-barrel-a-day REPAR refinery after a malfunction forced a two-week shutdown at its catalytic-cracking unit, union officials said on Wednesday. The U-2200 cracking unit at REPAR, in Araucaria in Brazil's southern Parana state, was halted on Dec. 21 and restarted on Jan. 3, the union said.
Pemex to Boost Fuel Output at Tula Refinery
Mexico's state-owned oil company Pemex said on Wednesday it will boost gasoline and diesel output by almost 70 percent at its Miguel Hidalgo refinery, part of a $4.25 billion upgrade the company expects to complete by the beginning of 2018. The upgrade will add a coking plant and allow the refinery <C}RO7309413882>…
PTT Global Seeks Refinery Partner
New refinery will triple capacity to 360,000 bpd from 120,000. Aims to conclude details on financing, partners early 2015. Thailand's PTT Global Chemical Pcl said on Wednesday it is seeking a partner to expand the crude processing capacity of its planned joint petrochemical project with Indonesian state oil and gas firm Pertamina.
Pemex Restarts Units at Madero Refinery
Mexican state oil giant Pemex said on Thursday it was in the process of restarting halted units at its Ciudad Madero refinery in northern Mexico after extinguishing a blaze at a fuel tank that raged on Wednesday. Pemex said it expected the installation to be fully operational later on Thursday. The Ciudad Madero refinery is the smallest of Pemex's six domestic refineries…
Blaze Halts Work at Ciudad Madero Refinery
Mexican state oil giant Pemex said on Wednesday work at its Ciudad Madero refinery in northern Mexico had been halted while it contains an hours-long blaze at a storage tank, but added nobody was hurt and that the installations had not been damaged. "It was a fire in a tank, and we've been working since early morning. (The tank) had 90,00 liters of fuel.
