Refining
Russia's offline primary oil refining capacity revised up 21% in July
Russia's offline primary oil refining capacity expected in July has been revised up by 21% from the previous plan to 3.2 MM tonnes (t) due to adjustments to maintenance plans.
Borouge awards ADNOC L&S 15-year contract to accelerate growth of UAE petrochemical exports
Borouge Plc and ADNOC Logistics & Services Plc (ADNOC L&S) have entered a 15-yr strategic partnership that will support a significant increase in the production and export of petrochemicals from the UAE.
Honeywell, Johnson Matthey, Gidara Energy and Samsung E&A form SAF technology alliance
Honeywell, Johnson Matthey, GIDARA Energy and SAMSUNG E&A announced the formation of a strategic technology alliance to bring a groundbreaking end-to-end global solution to market for producing sustainable aviation fuel (SAF) from biomass and municipal solid waste.
Honeywell completes acquisition of Sundyne to expand process industry capabilities
Honeywell announced the completion of its acquisition of Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction.
Coolbrook, Turbostream collaborate to accelerate decarbonization technology for heavy industries
Coolbrook, a transformational technology and engineering company on a mission to decarbonize heavy industry, and Turbostream, a leading developer of high-performance simulation tools for turbomachinery, have announced a collaboration to support the rapid optimization and deployment of Coolbrook’s proprietary RotoDynamic Heater™ (RDH™) and RotoDynamic Reactor™ (RDR™) technologies.
California (U.S.) fuel imports hit 4-yr high amid refinery outages
California's fuel imports rose to the highest in 4 yr in May as refiners turned to historical trading partners in Asia and tapped some unusual routes to make up for shortages in the No. 2 U.S. oil consumer state, according to shipping data and traders.
ANDRITZ to acquire Diamond Power Intl. businesses
International technology group ANDRITZ has signed an agreement to acquire Diamond Power Intl. LLC (Diamond Power) businesses, including its subsidiaries and manufacturing locations, from U.S.-based Babcock & Wilcox Enterprises Inc. (B&W).
Private refiners tap India's drivers as export markets tighten
India's two major private-sector refiners, which have long prioritized exports, are turning to local sales, grabbing share in the country's fast-growing $150-B fuel retail market as weaker global demand squeezes profit margins offshore.
Irving Oil invests $100 MM in Saint John refinery upgrade
Irving Oil said on Thursday it plans to invest $100 MM to upgrade a key crude oil processing unit at its 320,000-bpd Saint John facility in New Brunswick, Canada's largest refinery.
IEA: Global energy investment set to hit record $3.3 T in 2025
A surge in clean energy spending is expected to drive a record $3.3 T (€2.89 T) in global energy investment in 2025, despite economic uncertainty and geopolitical tensions.
- Carbon capture tops agenda at GPAE Conference 2025 6/17
- INEOS to cease phenol production at German site, cites high European energy costs and CO2 tax policy 6/17
- Petrobras signs $892 MM in contracts to complete RNEST Train 2 refinery expansion 6/17
- China's May refinery throughput at 9-month low on plant overhauls (1) 6/17
- bp completes turnaround work at 250,000-bpd refinery in Washington (U.S.) 6/17
- Japan's Eneos restarts 77,000-bpd Kawasaki CDU after unplanned shutdown 6/17
