Petrobras sharpens deepwater focus in quest for value
Petrobras is in a state of transformation, company officials said at a press conference in London, with an eye on selling down assets and tackling debt – in tandem with major expansion plans.
Petrobras is in a state of transformation, company officials said at a press conference in London, with an eye on selling down assets and tackling debt – in tandem with major expansion plans.
Nigeria is set to make a fresh push into rehabilitating its poorly performing refineries, Nigerian National Petroleum Corp. (NNPC) head Mele Kyari said on the weekend.
Indian billionaire Mukesh Ambani’s Reliance Industries Ltd.’s talks to sell a minority stake in its refinery business to Saudi Arabian Oil Co. have stalled on differences over the deal’s structure, people with knowledge of the matter said.
Oil company Chevron will pay a ÂŁ5 million fine after a refinery explosion killed four workers and seriously injured another in West Wales.
TechnipFMC will modernise and expand Middle East Oil Refinery's (MIDOR's) complex near Alexandria, Egypt.
The owner of one of Britain's biggest oil refineries could be forced to sell the plant as a legal spat over unpaid debts intensifies.
Oil firms including China's Sinopec have expressed an interest in developing Uganda's planned oil refinery.
An explosion has at Albanian refinery has killed one person and wounded seven others.
The Norwegian Petroleum Safety Authority said it will begin an investigation into a gas leak at Statoil’s Mongstad facility last month.
Production at Statoil’s Mongstad Refinery was reportedly halted due to an IT error in India, new documents have revealed.
An audit has been carried out at Statoil’s Mongstad refinery after a number of incidents earlier this year.
Engineering consultancy ABB has started work on a contract to manage the dismantling of a refinery in south Wales.
Irving Oil has agreed to buy Ireland's only refinery from Phillips 66.
Oil major BP has reduced production at its reforming unit in Indiana for repairs, according to reports.
Beware, oil bulls: Just as U.S. oil production sinks low enough to drain supplies, demand is about to fall off a cliff.
Uganda’s government invited a group of companies led by SK Engineering & Construction Co. of South Korea to begin negotiations to build an oil refinery as it suspended a deal with a rival Russian company.
South Africa's Strategic Fuel Fund has offered to buy Chevron's majority stake in the country's oil refinery in Cape Town as well as other downstream assets.
Investigators were called in after a "suspicious package" was found at an ExxonMobil refinery in the US.
Iran plans to increase its refining capacity for crude and condensate by more than 70 percent within the next four years as it works to improve the quality of fuel sold on the domestic market and wean itself off imported gasoline.
A strike at a Total refinery in Normandy has been suspended by workers.
French police used water cannons to disperse projectile-throwing protesters blocking a key fuel depot on the Mediterranean.
Oil major Chevron has reported mechanical problems which led to flaring at a refinery in California.
Total Petrochemical & Refining USA said there has been gas emissions from its Port Arthur refinery.
Amec Foster Wheeler said it has won a contract from Pakistan Refinery Limited for a detailed feasibility study to upgrade their refinery in Karachi.
An explosion at a refinery in California could have been prevented, according to a new government report. The incident at an ExxonMobil oil refinery last year saw an 80,000lb piece of equipment blown clear of the facility.