Refineries UPDATE
December 2011
TABLE OF CONTENTS
INDUSTRY ANALYSIS
AMERICAS
U.S.
N.D. Tribes Seeking Proposals for 15,000-Barrel per Stream Day Refinery
BP Agrees to $50 Mln Texas City Refinery Fine
EPA Proposes Significant Changes to MRR and BAMMs
Keystone XL Delay Causing Concern among Big Oil, Benefiting Small Refiners
Use of Fraudulent Renewable-Fuel Credits Investigated by EPA
EPA will Delay Carbon Limits on Oil Refineries
North Dakota’s Bakken Shale to Get First New U.S. Oil Refinery in 35 Years
HollyFrontier Awards SAIC $38 Mln Contract for Tulsa Refinery Upgrades
Sunoco Confirms Former Eagle Point Refinery Assets for Sale
BRAZIL
Petrobras Plans Four New Refineries to Increase Capacity by 1.3 Mln bpd
ASIA
INDIA
HPCL-Mittal $3.78 Bln Refinery Could Undergo Commissioning in January
JAPAN
Petrobras Seeks Partnership for Okinawa Refinery through Japanese Subsidiary
VIETNAM
Delay to New $7.5 Bln Nghi Son Refinery Latest Downstream Setback for Vietnam
EUROPE / AFRICA / MIDDLE EAST
CZECH REPUBLIC
PKN Orlen Subsidiary UniPetro Considers Czech Refinery Closure
FINLAND
Neste Oil to Recover VOC Emissions at Its Porvoo Refinery Harbor
POLAND
Poland Extends Deadline for Lotos Refinery Stake Bid
ROMANIA
Rompetrol Installs New Units for Petromidia Refinery Modernization Project
SOUTH AFRICA
Despite Reports Engen Will Not Close Durban Refinery
South Africa to Audit Refineries due to Increasing Unplanned Shutdowns
IRAQ
Japan to Lend $55 Mln to Iraq for Basra Refinery Upgrade