Refining
Rosneft's partner in Essar deal says may sell stake within 5 years
Russian private investment group United Capital Partners, which is teaming up with oil giant Rosneft to buy India's Essar Oil in a $12.9-B deal, said it may sell its stake within five years.
Petrobras approves sale of Okinawa refinery, terminal to Taiyo Oil
Petrobras’ Board of Directors approved the sale of 100% of the shares of the Nansei Seikyu refinery and terminal to Taiyo Oil Company.
Air Products and NICE sign MOU to develop hydrogen fuel projects in China
Air Products and the National Institute of Clean-and-Low-Carbon Energy have signed a memorandum of understanding to develop hydrogen fuel projects in China.
Kuwait’s KNPC aims to finalize $5 B loan by Q1
Kuwait National Petroleum Co. expects to finalize a loan of well over $5 billion to finance its Clean Fuels project by the end of Q1 of next year.
CB&I signs alliance agreement with Haldor Topsoe
CB&I has signed a long-term alliance agreement with Haldor Topsoe, a leading catalyst and technology provider, that will expand CB&I's licensing position for syngas opportunities.
India's Essar agrees to sell oil arm to Rosneft-led group
India's debt-laden Essar Group confirmed on Saturday that it has agreed to sell a 98% interest in its Essar Oil unit to a consortium led by Russia's Rosneft.
Honeywell’s Assurance 360 service program protects industrial plants
Honeywell Process Solutions is helping industrial manufacturing plants around the world maximize uptime and reduce operating costs through its innovative Assurance 360 services program.
Rockwell Automation launches new industrial security appliance
The Allen-Bradley Stratix 5950 security appliance from Rockwell Automation incorporates new security technologies to help protect plant-floor systems.
Idemitsu delays full takeover of Showa Shell on founding family opposition
Japanese refiner Idemitsu Kosan has put on hold its plan for a full takeover of smaller rival Showa Shell Sekiyu indefinitely after running into fierce opposition from the Idemitsu founding family.
Pakistan Refinery seeks loan to increase capacity
Pakistan Refinery is in talks with international banks over a potential syndicated loan to increase refinery capacity.
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- Indonesia proposes increase in biodiesel mix to 50% in 2028 11/7
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