ExxonMobil’s Altona refinery to expand crude storage

ExxonMobil Corp. subsidiary Mobil Refining Australia Pty. Ltd. plans to expand crude storage capacity at its 80,000-b/d Altona refinery in Victoria, 13 km west of Melbourne, as part of its strategy to improve efficiency of its local refining and supply operations to help meet Australia’s growing demand for transportation fuels.  Source: News


BP pulls out of Woolworths Australian retail outlet acquisition

BP Australia has decided not to continue with its $1.8-billion (Aus.) purchase of retail giant Woolworths retail outlets across Australia. The British major agreed in December 2016 to buy Woolworths’ 543 fuel and convenience stores, which would have seen it become as the market leader in Australia.  Source: News


Equipment arrives for Kuwait’s Al-Zour integrated refining complex

The first modules have been delivered for newly formed Kuwait Petroleum Corp. (KPC) subsidiary Kuwait Integrated Petroleum Industries Co.’s (KIPIC) grassroots 615,000-b/d Al-Zour integrated refining complex under construction in southern Kuwait. Source: News