Honeywell announced on Wednesday that it had been selected by North Refineries Company (NRC) as the main Engineering, Procurement and Construction (EPC) contractor to upgrade the automation systems at its refinery in Baiji, Iraq. The $9.6 million contract for the upgrading of NRC’s existing control system will improve operational efficiencies, reliability and safety at the [...]
Italy’s energy group Eni may sell its 32% stake in Ceska Rafinerska, a leading Czech oil refiner, to Russian gas giant Gazprom, an industry source said on Tuesday. “Eni has informed the other shareholders, Unipetrol and Shell, that it is negotiating the sale of its stake with Gazprom,” Confirmed by a senior oil company manager. [...]
Anglo-Dutch energy giant Shell said Monday it agreed to sell most of its African downstream activities to Swiss group Vitol and Africa-based Helios Investment Partners for 620 million pounds (1 billion dollars).
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), says its plan to build mobile refineries in the country is still on course.
Nigeria’s four oil refineries were operating at between 60 and 75 percent capacity after production restarted last week following closures caused by pipeline sabotage, the state oil firm said on Wednesday.
The cost of upgrading East Africa’s sole petroleum refinery at Mombasa, Kenya could more than double to $1 billion, a company executive has said.
Chevron Corporation today announced the signing of an agreement to sell Chevron España S.A. and Chevron Estaciones de Servicio S.L. to Compañía Española de Petróleos, S.A. (CEPSA). The sale includes Chevron’s Spanish fuels, finished lubricants and aviation businesses and the Valencia lubricants blending plant. The sale will not be completed until necessary regulatory approvals have been received.
ExxonMobil Corp. shut two processing units at Fawley, the U.K.’s largest refinery, for about six weeks of planned maintenance from today.
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