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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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MNI: PBOC Net injects CNY9.8 Bln via OMO Wednesday
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EU Refinery Maintenance
The latest update on the European refinery maintenance schedule.
- In Germany, Bayernoil’s Vohburg refinery is undergoing maintenance at which it took both crude units offline. Works began on 8 October and are scheduled to end on 29 November at unit, Bloomberg reports, while one unit restarted according to WoodMac.
- A fire at Bayernoil’s Neustadt refinery in early October caused the hydrocracker to stop according to WoodMac. Bloomberg suggested the unit was scheduled to return on 2 November. Increased activity observed at the hydrogen plant on 12 November, but remained below normal. The plant was shut on 9 October. The 86kbpd CDU and associated 17kbpd VDU were shut on 29 October. The 40kbpd hydrocracker was shut on 6 October after a fire.
- In France, PetroIneos’ Lavera refinery is scheduled to end planned maintenance at the 210kbpd CDU today. Works began on 10 November according to Bloomberg. The refinery is also restarting units through Friday after an unplanned shutdown last week, according to a community alert. The entire refinery was halted as a safety measure on 10 November after a power outage. The plant’s 240kbpd CDU restarted Monday, while several other units — including a hydrocracker, VDU, FCC and gasoil hydrotreater — had increased activity that day but remained below normal operational levels as of 13 November, according to data from Wood Mackenzie.
- In Belgium, TotalEnergies is looking at postponing planned work on a gasoline producing unit next year at its Antwerp refinery according to Bloomberg sources. The unit is currently undergoing unplanned maintenance. The larger of the two FCCs - offline since August following a fault - is scheduled to have a new reactor installed in October 2024 but that is possibly now moved to 2025 the source said. Another source told Bloomberg that TotalEnergies Antwerp is planning two major rounds of work in 2025 and 2026 involving most operating units.
- In the Netherlands, a fire occurred in the gas turbine at BP’s Rotterdam refinery on 6 November, according to emergency services. The have been no further updates on how the fire affected output.
- In Portugal, Galp’s 220kbpd Sines refinery is scheduled to halt until 24 Nov.
- In Spain, BP’s Castellon de la Plana refinery is scheduled to fully halt its output of 110kbpd on 15 October until 8 December. The halt is carried out every six years.
- In Romania, Rompetrol plans to finish work on a diesel hydrocracker at its Petromidia refinery by the end of November, according to the company’s earnings release. The mild hydrocracker was taken offline following a fire in June.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.