Refining
Axens files proposal to acquire Heurtey Petrochem
Axens has filed a voluntary takeover bid proposal with the AMF (French capital markets authority) to acquire the shares of Heurtey Petrochem.
BP to vigorously defend against Marathon suit
BP said it would vigorously defend itself against a federal civil suit by Marathon Petroleum alleging that it had failed to deliver a Texas oil refinery in the condition promised under a $2.4-B sales agreement.
Praxair contracts KP Engineering to expand production at Geismar, Louisiana plant
KP Engineering has been awarded a fixed-price EPC contract by Praxair to expand carbon monoxide production at its Geismar, Louisiana plant.
First fully commercial CCSU plant launches capturing CO2 at $30/ton
Carbon Clean Solutions Ltd. has launched a new project that will see more than 60 MMt of CO2 captured from the 10 megawatt coal-fired power station based near Chennai, India.
EIA - US crude oil imports rise during first-half 2016
During the first half of 2016, US gross crude oil imports increased by 528 Mbpd, or 7%, compared to the first half of 2015, reversing a multiyear trend of decreasing US crude oil imports as a result of increasing US production.
Philadelphia Energy Solutions laying off nonunion workers
Philadelphia Energy Solutions Inc. has begun laying off nonunion workers at its Philadelphia refinery after the company fell short of a goal of trimming its workforce through voluntary buyouts.
Marathon sues BP for breach of contract in Texas oil refinery sale
Marathon Petroleum Corp. alleged BP failed to deliver a Texas oil refinery and three products terminals in the condition promised under a $2.4-B sales agreement signed in 2012, according to a federal lawsuit.
Rockwell Automation acquires Maverick Technologies
Rockwell Automation, Inc. has acquired leading systems integrator Maverick Technologies to expand domain knowledge and help deliver innovative control and information solutions to customers in industries such as oil and gas, chemical and food and beverage.
New China refinery faces delay as Myanmar seeks extra oil tax
A newly built Chinese refinery near its border with Myanmar is facing a delayed start-up after state firm PetroChina balked at paying an extra tax for piping crude oil through the Southeast Asian nation.
No casualties reported after China refinery blast
An explosion occurred at around 1:50 p.m. Sunday at the Jinlingshihua Nanjing Refinery, a subsidiary of Sinopec Group.
- SABIC opens ULTEM™ resin manufacturing facility in Singapore 11/8
- Catalyxx secures $5.8-MM Series A equity round to advance green chemistry technology 11/8
- Neste changes its guidance due to unplanned shutdown of Rotterdam refinery 11/8
- Repsol launches Nexa, the commercial brand of its 100% renewable premium diesel in service stations 11/8
- Opinion: Trump-led oil and gas export boom may go bust in Europe trade spat 11/8
- Indonesia proposes increase in biodiesel mix to 50% in 2028 11/7
