News China starts building huge underground oil store China’s national oil company has begun turning underground caverns into an oil storage facility able to hold 3 million cubic metres of crude oil in Ningbo, Zhejiang province. China National…
News Contractor picked to build Mongolia’s first refinery Indian contractor Megha Engineering and Infrastructure (MEIL) has been awarded a $648m contract to build Mongolia’s first greenfield oil refinery. The agreement was signed in Ulaanbaatar on Friday. The Hyderabad-based…
News Russia, China agree $690m facility to boost oil and gas trade Russian and Chinese companies have agreed a deal to invest $686m in a Siberian oil transhipment complex, the Reuters news agency reports.
News Work is completed on Canada’s first standalone bio-diesel refinery Work has finished on Canada’s first standalone renewable diesel refinery in Prince George, British Columbia. The US$290m scheme was built by Tidewater Renewables, which makes renewable diesel and green hydrogen.…
News MVRDV to turn former Chinese oil refinery into energy-neutral, mixed-use district Dutch architect MVRDV it to reconfigure a former oil refinery as an urban quarter for the southeastern city of Hangzhou. The plan is to make the 18ha Hangzhou Oil Refinery…
News Iran to try and overhaul Venezuela’s near-defunct refineries Iran’s national oil refining company has won a €110m contract to fix a Venezuelan oil refinery, and expects to sign a second deal worth €460m in the coming weeks, Reuters…
News Indian contractor to build Mongolia’s first oil refinery Hyderabad-based civil engineer Megha Engineering & Infrastructures (MEIL) has won a $790m contract to build Mongolia’s first ever oil refinery. MEIL will also build a pipeline and a power plant.…