Offshore Refine

Latest News for: Offshore refine

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US sour crude Mars values hit 9-month low on weaker refinery demand

Khaleejtimes 25 Jul 2024

sour crude Mars have been in a steep decline this month and hit their widest discount to benchmark crude futures since October this week, according to data from brokers, as refiners faced slimmer profit margins due to weak demand.

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Kwankwaso to FG: Dangote Refinery Must Not Be Allowed to Fail

This Day 25 Jul 2024

She stressed the refinery’s potential to save Nigeria over 30 per cent in foreign exchange currently spent on offshore refining, which could significantly alleviate the country’s foreign exchange challenges.

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Shareholders Condemn’Unwarranted Efforts to Demarket’ Dangote Refinery

This Day 24 Jul 2024

... the refinery’s potential to save Nigeria over 30% in foreign exchange currently spent on offshore refining, which could significantly alleviate the country’s foreign exchange challenges.

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AI, robotics unlocking oil and gas sector’s sustainable efficiency, says GlobalData

Offshore Technology 18 Jul 2024

Moreover, these technologies are reshaping how the sector approaches exploration, production, refining and logistics – leading to subsequent productivity enhancements, according to Offshore Technology’s parent company.

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West Africa Set for Downstream Boost with African Refiners and Distributors Association (ARDA) ...

Business Ghana 12 Jul 2024

At a time when disruptions in global supply chains continue to cause price shocks and instability worldwide, many African countries continue to rely heavily on refined product imports.

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JOE KLOPPER: Understanding investment risks over US elections

Business Day 12 Jul 2024

Given the complexities of the US political environment and the US debt, there are strategic considerations for refining an offshore investment strategy. Diversification remains a cornerstone of risk management.

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Enterprise Gas Project, Australia

Offshore Technology 12 Jul 2024

The plant processes natural gas, condensate, and LPG from the offshore Otway basin fields. The plant refines raw gas by separating hydrocarbon fluids into gas and liquid streams, removing CO2, water, hydrogen sulphide, and other impurities.

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West Africa Set for Downstream Boost with African Refiners and Distributors Association (ARDA) Participation at ...

Capital Ethiopia 11 Jul 2024

At a time when disruptions in global supply chains continue to cause price shocks and instability worldwide, many African countries continue to rely heavily on refined product imports.

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Greenko arm cancels dollar bond issue, to tap bank loans

The Times of India 11 Jul 2024

The company has secured a ₹6,200-crore credit line from NaBFID to partially refinance its offshore debt, underscoring its strategic ...

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Oil prices fall more than 1% after US crude hub escapes serious damage from Beryl

Live Mint 09 Jul 2024

Although some offshore U.S. production sites were evacuated, ports closed and refining slowed, major refineries along the country’s Gulf Coast appeared to sustain minimal impact after Beryl weakened into a tropical storm.

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Storm Beryl causes oil port closures in Texas, damages local infrastructure

Offshore Technology 08 Jul 2024

On Monday, strong winds and heavy rain forced the closure of ports, slowing the refining of oil and prompting the evacuation of some offshore production sites, Reuters reported.Related Company Profiles.

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Oil holds near two-month high on summer demand outlook and supply fears

Khaleejtimes 02 Jul 2024

Brent crude futures rose 51 cents, or 0.59%, to $87.11 a barrel by 0845 GMT ... Markets are also watching for possible disruption to US refining and offshore production after Hurricane Beryl struck the Caribbean as a category 4 storm on Monday ... .

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Oil rises to two-month high on summer demand outlook and supply fears

CyprusMail 02 Jul 2024

Both benchmarks gained about 2 per cent in the previous session ... Markets are also watching for possible disruption to US refining and offshore production after Hurricane Beryl struck the Caribbean as a category 4 storm on Monday ... ....

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Oil prices near two-month high on Middle East, Hurricane Beryl concerns

Hindustan Times 02 Jul 2024

US gasoline demand is expected to ramp up as the summer travel season picks up with the Independence Day holiday this week ... U.S ... refining and offshore production after Hurricane Beryl struck the Caribbean as a category 4 storm on Monday ... ....

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Demand outlook keeps oil near two-month high

Business Day 02 Jul 2024

US West Texas Intermediate (WTI) crude rose 15c to $83.53 a barrel, after gaining 2.3% to its highest since April 26 ... On the supply side, markets were planning for possible disruptions from Hurricane Beryl on US oil refining and offshore production.