Foundation stone for Hambantota Oil refinery laid - Sri Lanka
Colombo (News 1st): Construction of the Hambantota Mirrijiwela Oil Refinery and cement factory, dubbed as the largest investment in Sri Lanka began today (March 24). The event was held under the
Iran Agrees to Build New Oil Refinery for Sri Lanka
Sri Lanka has a single, 50,000 bpd oil refinery in Colombo suburb Sapugaskanda, built by Iran in 1969 to refine Iranian light crude. However, when toughened sanctions were imposed on Tehran in 2012 to curb its nuclear ambitions, state-run Ceylon Petroleum Corporation (CPC) was forced to look for other light crudes.
Minister: Sri Lanka plans refinery expansion | Oil & Gas Journal
Minister: Sri Lanka plans refinery expansion The Sri Lankan government plans to double capacity of the country's only refinery, Ceylon Petroleum Corp.'s 50,000 b/d facility at Sapugaskanda
Extensive overhauls at CPC's Sapugaskanda oil refinery | The
The refinery imports crude oil from West Asian countries such as Saudi Arabia, Oman, Abu Dhabi, etc. The imported crude oil is distilled by the stipulated refinery standards and processes. The Sapugaskanda Oil Refinery produces 92 Octane petrol, auto diesel, kerosene, Jet A1, Bitumen and LPG and supplies energy to Sri Lanka's major industries.
MPRD - Sri Lankan refiner tests Algerian crude oil to
Sri Lanka's state petroleum company is testing a crude oil from Algeria to widen supply sources for its refinery which is optimised for Iranian crude that is now subject to American sanctions, officials said. Petroleum Resources Development Arjuna Ranatunga said the Ceylon Petroleum Corporation was no longer importing Iranian crude oil.
Iran agrees to build new refinery for Sri Lanka - Newspaper
COLOMBO: Iran has agreed to build a new oil refinery for Sri Lanka in addition to upgrading its ageing 50,000 barrel per day (bpd) state-owned refinery, Sri Lankan cabinet spokesman Rajitha
The Hambantota Refinery (also called Greenfield Oil Refinery) is an oil refinery to be developed in Mirijjawila, Hambantota, in the Southern Province of Sri Lanka. The 585-acre (25,500,000 sq ft) refinery will be built and owned by Singapore 's Silver Park International (Private) Limited (70%) and Oman 's Ministry of Oil and Gas (30%).
Deal for new Sri Lanka oil refinery will take at least a year
An agreement to build a proposed $3.85 billion oil refinery in Sri Lanka will take at least a year to be finalised as its main investor, India's Accord Group, says it is yet to recruit partners and conduct an assessment of the plan's viability. The comments add to the confusion about the project, which was announced last week by the Sri Lankan government as the nation's largest single foreign
Sri Lanka : Sri Lanka receives proposal for US$ 24 Bn
Sri Lanka : Sri Lanka receives proposal for US$ 24 Bn strategic investment in petroleum refinery (Sri Lanka - latest news stories and top headlines) the Board of Investment's efforts have resulted in an investment proposal from Hambantota Oil Refinery PVT Ltd., an affiliate company to Sugih
Crude Oil News: Latest News and Updates on Crude Oil at News18
The eight core sector industries — coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity — has been recorded at minus 0.5% against 4.7 per cent in August last year.
Sri Lanka struggles to contain Muthurajawela oil spill
As the global community celebrated International Coastal Cleanup Day (ICCD), yesterday (Saturday, September 15), Sri Lanka struggled with the consequences of the oil spill which occurred a week earlier on the western coast. It may only take a matter of few days to clean up an oil spill. However, it would take many years for the nature to wear off its effects and restore the
Sri Lanka : Sri Lanka to import crude from Oman and Saudi Arabia
According to Sri Lanka's petroleum authority, Ceylon Petroleum Corporation (CPC), a ship carrying 80,000 tonnes of Omar Light crude oil is due to arrive on November 10th.
Benin Exports of Crude Oil and Petroleum Products by Destination
Prior to December 2015, crude oil exports were restricted to: (1) crude oil derived from fields under the State waters of Cook Inlet of Alaska; (2) Alaskan North Slope crude oil; (3) certain domestically produced crude oil destined for Canada; (4) shipments to U.S. territories; and (5) California crude oil to Pacific Rim countries.
Petroleum refining processes
Petroleum refining processes are the chemical engineering processes and other facilities used in petroleum refineries (also referred to as oil refineries) to transform crude oil into useful products such as liquefied petroleum gas (LPG), gasoline or petrol, kerosene, jet fuel, diesel oil and fuel oils.
Sri Lanka to restart refinery with oil cargo from Dubai
Sri Lanka has reduced imports of Iranian crude by a fifth this year but disagrees with Western sanctions that are punishing countries that depend on the oil, Foreign Minister G. L. Peiris has said.
Hambantota oil refinery in keeping with BOI process - Deputy
He explained the BOI process followed in granting approval for the Hambantota oil refinery project thus: "On November 10, 2016, this foreign investor, submitted the application to the Sri Lanka Board of Investment and the Letter of Approval was issued on November 16, 2016.
Sri Lanka Long Term Refinery Market Report Forecast to 2022
MarketResearchNest.com adds "2018 Sri Lanka Long Term Refinery Market Outlook Report- Supply- Demand of Gasoline, LPG, Diesel, Fuel Oil, Planned Refineries, FIDs, Competition and New Opportunities to 2025" new report to its research database. The report spread across in an 80 pages with table and figures in it.
Ministerial Advisor's crude oil racket!
The investigation unit of the Kolonnawa oil refinery has been dismissed and the appointed Ministerial Advisor and a group Ministerial Advisor's crude oil racket! Maldives commends strong and special bond of friendship with Sri Lanka. 02-11-2019 News "I will appoint a Special Task Force
Crude Oil Refining Industry in Asia Pacific: Market Data
RefiningWorld's downstream energy sector report, "Crude Oil Refining Industry in Asia Pacific: Market Data and Business Intelligence of All Operational and New Build Refineries" is a complete
India's Aditya Birla group owned Swiss Singapore Overseas
Sri Lanka's Cabinet Office released latest Cabinet announcements said that Swiss Singapore Overseas Enterprises Pte. Ltd., a commodity trader, has won a contract to supply Murban crude oil to Sri Lanka's state-run oil refinery - Sapugaskanda Oil Refinery, via a proposal for the eight-month contract by Minister of Highways & Road Development and Petroleum Resources Development...
talkingeconomics - A Temporary Salve: Implications of an Oil
A Temporary Salve: Implications of an Oil Bear Market on the Sri Lankan Economy Refined petroleum products are priced higher than crude oil, due to high margins placed on refinery operations. Sri Lanka could have made tremendous savings by importing crude and utilizing domestic industry to
China's independent refiners get import quotas close to
ChemChina was granted a crude import quota for 10 million mt/year by NDRC at the end of 2012 and started importing crude oil in 2013. Unlike the later quota recipients who have been importing crude since 2015, ChemChina's quota allocation does not require it to phase out capacity, build LNG storage or meet any other specific condition.
November 2019 - Page 2 - Cooking Oil Project
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REFINERY NEWS ROUNDUP: Planned and unplanned works in Africa
--Nigeria's four refineries are operating at just 2.14% of their combined nameplate capacity to refine around 445,000 b/d of crude, according to data released early September by Nigerian National Petroleum Corp., showing a dramatic further decline from the 27.7% a year ago and forcing the oil-rich nation to still rely heavily on fuel imports.
ANALYSIS-Cause of Philadelphia fire sounds alarm over aging U
How did a piece of piping installed when Richard Nixon was U.S. president go without once being checked before leading to a fire that devastated the East Coast's largest and oldest oil refinery?
Crude oil prices rise after EIA report alleviates buildup
A temporary salve: implications of an oil bear market on the Sri Lankan economy Refined petroleum products are priced higher than crude oil, due to high margins placed on refinery operations. Sri Lanka could have made tremendous savings by importing crude and utilizing domestic industry to
Sri Lanka seeks capital for new refinery | United Arab
Sri Lanka seeks capital for new refinery. Oil & Gas. News. He said that the only refinery at Sapugaskanda is not suitable to refine some varieties of crude oil. Besides that, its output has dropped since crude procurement from Iran were pruned down after sanctions were imposed by the United
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Crude Oil Prices Charts. Latest News on Oil, Energy and Petroleum Prices. Articles, Analysis and Market Intelligence on the Oil, Gas, Petroleum and Energy Industry. Accurate Oil Price Forecasts
Oil Prices Fall on Surprise U.S. Crude Inventory Build | Nasdaq
The U.S. Energy Department's inventory release showed that crude stockpiles recorded an unexpected weekly build. The report further revealed that. Oil Prices Fall on Surprise U.S. Crude Inventory
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