Americas
LyondellBasell beats Q4 profit estimates as lower ethane costs benefit
LyondellBasell LYB.N beat Wall Street estimates for fourth-quarter profit on Friday, on stable demand for its chemicals in the U.S. polyethylene market.
U.S. manufacturers poised for resumed growth, diesel shortage
Consumption of diesel and other distillate fuel oils is closely correlated with the manufacturing and freight cycle so the business upturn is very likely to result in renewed growth in distillate use in 2024.
Power loss forces bp to shut biggest U.S. Midwest refinery
bp was purging its 435,000-bpd Whiting, Indiana, hydrocarbon refinery after a transformer failure caused a plant-wide power outage and forced an evacuation of all but the most essential workers.
Yokogawa releases Extractive Tunable Diode Laser Spectrometer TDLS8220
Yokogawa Corporation of America announced the release of the Extractive Tunable Diode Laser Spectrometer TDLS8220, a new generation OpreX Analyzer product.
ERIKS North America honors founding legacy with rebrand to LGG Industrial
ERIKS North America, a provider of fluid handling, sealing, and material conveyance solutions, is rebranding to LGG Industrial.
Iran's oil minister traveling to Venezuela for talks on refining, petrochemicals
The ministers plans to discuss joint refining, engineering and petrochemical projects, including the overhaul of Venezuela's refineries
Colonial Oil Industries and TICO lead sustainable energy transition in the Southeast U.S. with launch of renewable diesel
Colonial Oil Industries, Inc. announced a partnership with Neste, TICO, and Gateway Terminals in the offering of renewable diesel to customers and businesses in the region, marking a significant stride towards a more sustainable future in the Southeast.
MHI Compressor International Corporation selected to supply critical turbomachinery for Dow’s net-zero ethylene cracker complex in Canada
Mitsubishi Heavy Industries Compressor International Corporation will supply critical turbomachinery packages to Dow for their Fort Saskatchewan Path2Zero Project – the world’s first net-zero scope 1 and 2 CO2 emissions ethylene cracker.
Chevron Lummus Global and Hongrun Petrochemical commission all-hydroprocessing white oil unit
Chevron Lummus Global LLC announced the successful commissioning of the world's largest white oil hydroprocessing unit for Hongrun Petrochemical Co., Ltd. in Weifang, Shandong Province, China.
Well-stocked U.S. fuel markets shrug off January's arctic blast
A bitter January cold snap that knocked out 15% of Gulf Coast refining capacity had little effect on fuel prices, with two months of rising stockpiles helping U.S. markets avoid the extreme volatility seen during recent winter freezes.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
