Reficar: Colombia's 'biggest corruption scandal in history
An embezzlement scandal at Colombia's main oil refinery, Reficar, has become Colombia's biggest corruption scandal ever, with $4 billion missing and a $16 million prostitute bill. Colombia's senate needed ten hours on Tuesday to debate about the political responsibility of the staggering overspending on the modernization of Reficar.
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Colombia's chemicals industry started in the 1940s with the creation of the Institute for Industrial Promotion (Instituto de Fomento Industrial, IFI). Chartered to promote key industrial sectors, IFI supported the National Chlorine and Derivatives Co. (Compa~nía Nacional de Cloro y sus Derivados), which was founded in 1942 (2) .
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COLUMN | McDermott International acquisition "spent $16
"We are in arbitration (governed by the arbitration rules of the International Chamber of Commerce) entitled Refineria de Cartagena S.A. v. Chicago Bridge & Iron Company N.V., et al which was commenced on March 8, 2016 in connection with a large, cost reimbursable refinery construction project in Colombia completed by CB&I in 2015.
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I've worked in a refinery for almost 3 years now, and in the Oil & Gas industry for five. I'm not even close to knowing everything there is to know about running a refinery let alone building one. I'll do my best to answer. A good question but in...
Home | Oil & Gas Journal
EIA: US's gas injection near record high this season. Due to near-record injection activity during the injection season, the amount of gas held in storage went from a low value of 1,155 bcf at
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Colombian government accused CB&I of bad management on Reficar refinery proyect . Colombia government seek answers from contractor's Chicago Bridge and Iron NV after Cartagena oil refinery (Reficar) runs $4 billion over budget . BOGOTA Petroleumworld.com 02 11 2016 The Colombian government is preparing a complaint against contractor Chicago Bridge and Iron NV, which directed construction on
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At Flint Hills refinery, the state's biggest construction job
The refinery's reliance on Alberta oil has given it a cost advantage in recent years, as the discount of Western Canada Select to West Texas Intermediate — two benchmark crude prices — has
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