Refining
China oil giant CNPC sells $3.8 B of engineering assets
China National Petroleum Corp. will sell $3.8 B worth of engineering related assets to a listed arm as part of a push to restructure its non-core business.
Mitsubishi Heavy Industries to expand North American oil and gas services
Mitsubishi Heavy Industries will expand the scope of its oil and gas services to plants in the North American market.
US government halts Dakota Access pipeline construction
The Obama administration stepped into a dispute Friday over a planned oil pipeline in North Dakota, blocking construction on federal land and asking the company behind the project to suspend work nearby.
Linde ends merger talks with Praxair
The executive board of Linde AG has decided to terminate the preliminary merger discussions with Praxair.
Honeywell’s Symphonite increases supply chain efficiency
Honeywell Process Solutions has launched Symphonite, a comprehensive portfolio of supply chain and production management software services designed to boost supply chain reliability, responsiveness and efficiency for a range of manufacturing industries.
Hindustan Petroleum aims at 60 MM ton refining capacity by 2030
India's third biggest crude oil refiner, Hindustan Petroleum Corp., plans to expand its refining capacity to 60 MMtpy by 2030
KBR dividing wall column technology installed at Port Allen refinery
Placid Refining Company LLC successfully started a grassroots dividing wall column reformate splitter at their Port Allen, Louisiana refinery using KBR's Distill-Max DWC technology.
Enterprise Products Partners withdraws indication of interest in Williams
Enterprise Products Partners LP has withdrawn its indication of interest in The Williams Companies, Inc. regarding the possible combination of Enterprise and Williams.
China's Zhejiang Rongsheng eyes doubling refinery capacity in 2020
Chinese conglomerate Zhejiang Rongsheng Holding Group plans to double capacity of a joint venture refining project to 800 Mbpd in 2020.
US refiners revamp operations as renewable fuel costs surge
US oil refiners, beset by the weakest profit margins in six years, have been laying off workers, revamping operations and ratcheting up pressure on regulators and lawmakers to tweak the renewable fuel program, whose costs have ballooned.
- Russia to aid hurricane-hit Cuba with diesel fuel 11/8
- SABIC opens ULTEM™ resin manufacturing facility in Singapore 11/8
- U.S. refiners hold output at high levels as fuel inventories sag 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