Crude Oil Refining

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  1. Oil and Gas News: Saudi Aramco fire injures 8 workers; operations not impacted

      RIYADH, Saudi Arabia (AP) — State-owned Saudi Aramco , the world's largest oil production company, says eight of its workers have been injured in a fire that broke out at one of its oil terminals. The company says it successfully responded to the fire at its facility in the eastern city of Ras Tanura on Tuesday morning, adding that its oil and gas operations were not impacted. The Ras Tanura terminal has a crude oil refining capacity of 550,000 barrels per day. In a statement released on its website, the company says the six contractors and two employees injured as a result of the fire have received medical treatment. Saudi Aramco says the cause of the fire is not yet known and the statement did not elaborate further on the injuries sustained by its workers.

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    Tue, 20 Sep 2016

  2. Jacobs receives contract for ExxonMobil to support crude oil refining

    The project aims to expand crude oil throughout at ExxonMobil’s Beaumont refinery.

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    Wed, 12 Aug 2015

  3. Crude oil refining detailed in annual Worldwide Refinery Survey

    The latest edition of the Worldwide Refinery Survey is available now from PennEnergy Research.

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    Thu, 19 Dec 2013

  4. Holly Corp. shuts-down Tulsa crude oil refinery

    Holly Corporation has shut down its West facility crude unit due to a mechanical failure that was discovered on Friday night.

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    Tue, 26 Apr 2011

  1. Keystone XL pipeline delay not expected to affect Port Arthur refining activity

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    Tue, 15 Nov 2011

  2. Saudi Refining and Shell sign LOI to separate Motiva assets

    Saudi Arabian Oil Co. (Saudi Aramco), through its wholly owned Saudi Refining Inc. subsidiary, and Royal Dutch Shell plc, through its US downstream affiliate, have signed a nonbinding letter of intent to divide the assets of Motiva Enterprises LLC. The Motiva joint venture was formed in 1998 and ...

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    Wed, 16 Mar 2016

  3. China, Taiwan JV break ground on ethylene complex

    Fujian Petrochemical Co. Ltd. (FPCL) and a consortium of Taiwanese companies have started construction of an integrated petrochemical complex at Zhangzhou Gulei Petrochemical Base (ZGPB), in Zhangzhou, Fujian Province, southeastern China.

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    Thu, 17 Dec 2015

  4. MARKET WATCH: EIA, OPEC reports weigh down oil prices

    Crude oil prices on the New York and London markets fell on Nov. 11 and continued their declines on Nov. 12 on reports from the US Energy Information Administration and Organization of Petroleum Exporting Countries indicating a persistently oversupplied oil market.

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    Thu, 12 Nov 2015

  5. Wärtsilä power plants now capable of running on propane

    Wärtsilä is expanding its Smart Power Generation portfolio by introducing the capability of using propane as fuel for power generation.

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    Mon, 9 Nov 2015

  6. MARKET WATCH: NYMEX oil price held steady pending inventory report

    Oil prices dropped less than $1/bbl on the New York market Sept. 22 as traders and analysts awaited the weekly US oil and product inventory report, which showed an overall decrease.

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    Wed, 23 Sep 2015

  7. MARKET WATCH: NYMEX crude oil prices plummet by nearly $4/bbl

    The price for light, sweet crude oil for October delivery plummeted by $3.79/bbl on Sept. 1, abruptly ending a late-August rally that marked the largest 3-day gain the New York market had experienced since 1990 for oil price futures.

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    Wed, 2 Sep 2015

  8. Van Eck Global launches oil refiners ETF

    Van Eck Global has launched the Market Vectors Oil Refiners ETF (NYSE Arca: CRAK), the first US-listed ETF to offer pure-play exposure to global oil refiners.

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    Fri, 21 Aug 2015

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