Gasoline
Berkshire Hathaway closes on $9.7bn Lubrizol deal
Berkshire Hathaway has officially completed its acquisition of US-based specialty chemicals firm Lubrizol for $135/ share in an all-cash transaction. The transaction, having been overwhelmingly approved by Lubrizol shareholders and having met all US and non-US regulatory filing requirements, is valued at approximately $9.7 billion, including approximately $0.7 billion in net debt.
Refining outlook: Capacity expansion and rationalization
Many factors are reshaping the global refined products industry, leading to inevitable change
Achieve success in gasoline hydrotreating
Case history describes how to achieve superior performance during FCC gasoline hydrotreating
Understand differences between thermal and hydrocracking
Successful operation and product yields are controlled by reactions at the molecular level
HP Construction: Europe
Süd-Chemie, a member of the Clariant Group, has started construction of what will reportedly be the largest German plant for manufacturing climate-friendly biofuel cellulosic ethanol from agricul..
Plains expands capacity of Texas crude pipeline
Plains All American Pipeline said on Thursday that it recently increased the available throughput capacity of its 80-mile Mesa pipeline system in Texas by 100,000 bpd to approximately 420,000 bpd overall.
HP Construction: Middle East
A grassroots diesel hydrotreater unit (Prime-D), licensed by Axens, was successfully put into production at Saudi Aramco’s Ras Tanura refinery. The 105,000-bpsd unit—reportedly one of the wo..
US petroleum demand increased in June - API data
Total US petroleum deliveries in June were up on both a year-on-year and month-on-month basis, according to information released Friday from the American Petroleum Institute (API). Moreover, deliveries were up 1.9% for the first six months of 2011 over the same period in 2010.
NPRA asks US EPA to cut Renewable Fuel Standard
The National Petrochemical & Refiners Association (NPRA) is asking the US Environmental Protection Agency (EPA) to reduce mandated volumes of cellulosic and advanced biofuels in gasoline and the total Renewable Fuel Standard this year.
Natural gas company Chesapeake seeks to reduce US dependence on OPEC oil
In an effort to help break what it described as a 38-year stranglehold by OPEC on the US economy, Chesapeake Energy unveiled a plan that it says offers a scalable and affordable pathway toward a transportation future that runs on domestic supplies of natural gas and oil from deep shale and other unconventional formations.
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- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
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