PJSC Gazprom Neft will invest more than 5.2 billion rubles on a project to upgrade and modernize the existing 767,000-tonne/year delayed coking unit (DCU) at its 21.4 million-tonne/year Omsk refinery in Western Siberia as part of its ongoing modernization program to reduce environmental impacts and improve processing capacities, conversion rates, energy efficiency, and production qualities […]

The US rig count during the week ended Sept. 22 declined for the sixth time in 8 weeks, again anchored by a drop in oil-directed rigs. Source: News

Jamaica’s Prime Minister Andrew Holness reported that the planned expansion and overhaul of the Petrojam Ltd. joint venture’s 36,000-b/d hydroskimming refinery in Kingston has been placed on hold because of the continued political unrest in Venezuela. Source: News

Leaders from the American Petroleum Institute and six trade associations from other US industries strongly expressed a desire to see the Investor-State Dispute Settlement (ISDS) provision in the current North American Free Trade Agreement retained—and possibly enhanced—in any successor. Source: News

Phillips 66 Partners LP has agreed to acquire Phillips 66’s 25% interest in each of Dakota Access LLC and Energy Transfer Crude Oil Co. LLC as well as 100% interest in Merey Sweeny LP. Source: News

Gazprom Neft PJSC said it has brought Otdelnoye field in Russia into commercial production, with two wells producing a total of 170 tonnes/day of oil. Source: News