Refining
Pepperl+Fuchs acquires supplier of mobile devices for hazardous areas
Pepperl+Fuchs has purchased ecom instruments of Germany, a global supplier of cell phones, 4G smartphones and tablets designed specifically for hazardous areas.
HollyFrontier to acquire Suncor Energy's Petro-Canada lubricants business
HollyFrontier has entered into a definitive agreement to acquire Suncor Energy's Petro-Canada Lubricants business.
GE and Baker Hughes to create fullstream digital industrial service company
GE and Baker Hughes have entered into an agreement to combine GE’s oil and gas business and Baker Hughes to create a world-leading oil and gas technology provider with a unique mix of service and equipment capabilities.
ExxonMobil warns low oil prices may dent reserves nearly 20%
Exxon Mobil Corp. warned it may need to slash proved reserves on its books by nearly 20% if oil prices stay low for the rest of 2016.
S.Korea's SK Innovation sees firm refining margins on tighter market
SK Innovation Co., which owns South Korea's largest refiner, expects refining margins to remain firm in 4Q due to low oil product inventories and seasonal demand.
Rockwell Automation expands information solutions offerings
By the year 2020, more than 50 B devices are expected to be connected to the internet. These devices are getting smarter and consequently, will help make manufacturing smarter.
ExxonMobil begins production at Port Allen aviation lubricants plant
The 90,000 square foot facility is part of a $200-MM investment to expand ExxonMobil’s integrated chemical and lubricants complex in Baton Rouge, which is already one of the largest petrochemical hubs in the world.
Rule changes help India's oil market act its size
Freed from a layer of fusty bureaucracy, India's state refiners are helping the country evolve an oil market that reflects its status as both the world's fastest growing major economy and oil consumer.
India's $20-B refinery expansion to cut fuel oil output
India may turn into a net importer of fuel oil as its state-owned refiners are making multi-billion dollar investments to upgrade their refineries.
Saudis, Mideast producers vie for China's teapot crude imports
Top global oil exporter Saudi Arabia is looking at new ways to sell crude to China, offering more cargoes at spot prices and more lenient payment terms.
- Indonesia proposes increase in biodiesel mix to 50% in 2028 11/7
- Shell Catalysts & Technologies, Licella to develop global low-carbon biomass-to-biofuel commercial solutions 11/7
- Neste and Liiga team up to reduce emissions from hockey game travel 11/7
- EU climate chief holds firm on CO2 deadlines for cars 11/7
- Polish oil refiner Orlen may suspend or cancel olefins project 11/7
- China's crude oil imports fall for sixth straight month on refinery closure 11/7
