Gazprom Neft and PetroVietnam Sign Agreement to Invest in Dung Quat Refinery Modernisation
Gazprom Neft and Vietnam Oil and Gas Group (PetroVietnam) have signed a framework agreement setting out the terms of Gazprom Neft’s proposed acquisition of a stake in the Dung Quat oil refinery and the refinery’s planned modernisation programme. Gazprom Neft will acquire a 49% share in Binh Son Refining and Petrochemical, which …
Gazprom Neft completes refinery modernisation project at Pančevo
Gazprom Neft’s subsidiary NIS (Naftna Industrija Srbije ) has completed a major modernisation project of its refining capacity in Serbia. The company has started operating a new light hydro-cracking and motor fuel hydro-treatment facility at the Pančevo refinery. The completion of the facility will allow NIS to take a leading position …
TNK-BP to invest $97 Million in Construction of Sulphur Recovery Unit at RORC
ТNК-ВР informs that by 2016 it will invest $97 mln in the construction of a free sulphur recovery unit at the Ryazan Oil Refinery Company (RORC). By 2016 RORC will fully switch to the production of Euro-5 standard fuel, which contains five times less sulphur compounds as compared to the …
TNK-BP to Invest $40 Million in Reconstruction of Treatment Facilities at Saratov Oil Refinery by 2016
The Saratov Oil Refinery (a member of the TNK-BP Group of Companies) has launched a project to reconstruct its purification facilities. Between now and 2016, TNK-BP will spend around $40 million on the project. TNK-BP is implementing a comprehensive programme to reduce its environmental footprint at the Saratov Oil Refinery …
Tatneft: Lifting of a Unique Fractionator Was Carried out at the Hydrocracking Installation Construction Site
Lifting of a unique fractionator, which is a major unit of the combined hydrocracking installation, was carried out at the construction site of the oil refineries and petrochemical plants complex in Nizhnekamsk. Four heavy equipment units: two high pressure separators, an absorber and a circulating gas compressor separator for the …