Singapore Refining Co. Private Ltd. (SRC), a joint venture of PetroChina Co. Ltd. subsidiary Singapore Petroleum Co. Ltd. and Chevron Corp., is recovering from a fire that broke out on June 13 in a major processing unit of its 290,000-b/d refinery on Jurong Island, Singapore. Source: News

The US Congress should substantially reform the federal Renewable Fuel Standard and not waste time on a bill introduced in February by senators from several farm states to expand volatility waivers for fuels with higher ethanol blends, an American Petroleum Institute official contended. Source: News

Energy markets are adjusting effectively to near-term challenges, with the oil market in particular adjusting in 2016 to the oversupply that has dominated it in recent years, BP PLC said in the 66th edition of its Statistical Review of World Energy. Source: News

Woodside Petroleum Ltd. has let a $6-million engineering support contract to Wood Group for the second phase of its Greater Western Flank (GWF-2) project on the North West Shelf off Western Australia. Source: News

Pinnacle Midstream LLC, Houston, has started engineering and construction on its grassroots 60-MMcfd Sierra Grande natural gas processing plant in the Delaware basin, about 9 miles west of Orla, Tex., in Culberson County. Source: News

Oleg Karpushin has been appointed chief operating officer at JSC KMG NC. He will have executive responsibility for upstream interests and will report to Sauat Mynbayev, chief executive officer of KazMunaiGas. Source: News