COMPANY DATA

News

Essar Oil reports US$747 million loss; gives update on Vadinar refinery

Company reports audited EBITDA of 4.9 billion rupees for 4Q11, drop in refining margin to US$6.07/bbl.

GTForum key 17 Feb 2012

essar-vadinar-refinery

Potential takeover bid prompted by desire to sell CVR at a premium to other US refiners.

GTForum key 17 Feb 2012

Tolling arrangement allows refinery to continue normal operations as search for buyer continues.

GTForum key 15 Feb 2012

Eni's Refining Operations
News

Eni records losses in R&M and petrochemical segments

R&M and petrochemicals see full-year losses of €535 million and €276 million, respectively.

sines-galp-energia
News

Galp Energia sees 5.6% fall in refined product sales; Sines refinery close to completion

Portuguese oil and gas company declares net profit of €251 million, down €55 million YoY.

total
News

Total’s net income rises 11% in 2011, refining throughput down 7%

Divestments drag throughput down; adjusted net income from refining drops by 1% YoY despite 36% drop in overall European refining margins.

lloyd-upgrader-108
News

Husky Energy reports 135% growth in net earnings for 2011

Husky benefits from stronger refining margins, higher throughput. CFO seeing significant volatility in differentials, crack spreads.

bob-dudley-bp-ceo
News

BP makes profit of US$564m for R&M segment on lower margins

4Q11 profit nearly halves on year, despite higher output and strong capacity utilisation. R&M activities generate profit of US$5.5 billion in full-year 2011.

coryton-oil-refinery
Release

Petroplus administrators secure second oil shipment for Coryton refinery

PWC exploring possible tolling arrangement, under which a third party would supply oil to the refinery.

Neste Oil Control Room
News

Neste Oil: 2011 profit drop despite higher margins, lower investment

Renewable fuel operations still loss-making; company expects significant improvement in 2012, has completed its "major investment programme".

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