Engineering & Design
Phillips 66 announces offer to acquire outstanding publicly held common units of DCP Midstream
Phillips 66 also announced it has submitted a non-binding proposal to the board of directors of the general partner of DCP Midstream offering to acquire all publicly held common units of DCP Midstream for cash.
The downstream rundown: In case you missed it 08/19
In case you missed any downstream news, here are the top stories from last week.
Raven SR and Howden partner to streamline waste-to-fuels process
The renewable fuels company Raven SR announced it has signed an MoU with Howden to provide more certainty in procuring key components for hydrogen fuel production facilities, including advanced compressors.
Online Exclusive: How chemical manufacturers can navigate inflation
2021 was a bounce back year for chemicals M&A after the challenges of COVID-19. Both deal value and volume returned to historical highs, surpassing pre-pandemic levels.
BASF Venture Capital and Aqua-Spark invest in Sea6 Energy
Biomass from the fast-growing red seaweed is suitable as a raw material for a variety of applications, for example in animal feed and crop protection products, as a gelling ingredient in the food industry or as an ingredient in cosmetics.
Baker Hughes opens new chemicals facility in Singapore
Baker Hughes is expanding its presence in Asia by opening a new oilfield services chemicals manufacturing facility in Singapore, enabling manufacturing optimization and faster delivery of fit-for-purpose chemical solutions.
IIR Energy grants Kpler access to its refinery data
Through the partnership, Kpler obtains the exclusive right to combine IIR Energy’s refinery data with its own flows and inventories data, to create a new benchmark for crude and refined product market analysis.
Mexico's Pemex requests $6.5 B more funding for 'Dos Bocas' refinery
Pemex requested this week almost $6.5 B in additional funding from the government to pay for works at the 'Dos Bocas' refinery this year.
Viewpoint: The pathway towards autonomy: How process automation is building the future plant
<i>Hydrocarbon Processing </i> sat down with Jason Urso (JU), Chief Technology Officer, Honeywell Process Solutions, to discuss the current state of the process automation industry, how new technologies are enhancing efficiency and safety, and what the future holds for automation.
Why compact actuation solutions are ideal for constrained space installations
Many oil and gas industry applications face space constraints. This limitation requires more compact solutions providing the same performance as traditional alternatives, and this is particularly true in many valve installations, where actuators often require an inordinate amount of space.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
