Refining
GlobalData: Methanol capacity set to reach 184.4 MMtpy by 2020
China, Iran and Mozambique to lead expansion, outstripping planned European production.
US, Vietnam firms sign MOU for oil and gas cooperation
The MOU formalizes the deepening relationship between Honeywell and PetroVietnam and further confirms a common vision of developing a cooperative partnership in oil and gas.
French strike impacts output at several refineries
France's Socialist government drew battle lines with one of the country's biggest trade unions over labor market reforms as a strike by oil workers forced at least five refineries to halt or slow down operations.
Shell CEO warns on hasty renewables shift
Major investors, including Dutch pension fund PGGM, have criticized Shell's climate change policy in recent months, saying it should do more to mitigate climate change risks.
CONNECT 2016: Schneider Electric Automation Conference opens in New Orleans
Attendees are connected with the best subject matter experts, the best process automation and safety technologies on the market, and the best sources of real-world experiences.
LyondellBasell Houston coker restart expected by mid-June
A string of unit outages and accidents at the refinery has forced production down to 85 Mbpd.
AFPM: Safety awards honor industry achievements
Organization stresses the importance of recognizing the members’ work and safety achievements, and the awards highlight positive and proactive efforts and shine a spotlight on effective safety practices.
New Indonesian refinery to have up to 480-Mbpd capacity
A new refinery in Indonesia that Russia's Rosneft may help build will have a capacity of up to 480 Mbpd.
French union calls for widespread shutdown of refineries by workers
The vote, aimed at pressuring the socialist government of President Francoise Hollande to withdraw a labor reform bill which the unions consider as unfavorable to workers, could stoke concerns over refined products supply in France.
Global oversupply of polyethylene, polypropylene challenges margins
The excess capacity will help North American converters be more competitive due to the increased competition associated with PE capacity expansions. However, on the producer side, economics will be challenged as global capacity expansions exceed demand growth.
- Technip Energies, Shell Catalysts & Technologies move towards an exclusive global alliance for carbon capture 11/14
- SOCAR, Baker Hughes partner on integrated gas recovery, H2S removal system at the Heydar Oil Refinery 11/14
- India shaping up as refining hub, to rely on fossil fuels until 2040 11/14
- Sinopec starts up 1.2-MMtpy ethylene complex in north China's Tianjin 11/14
- US refiner margins to stabilize next year as plant closures cut supply 11/14
- Germany blocks oil firms from using past emissions credits to support biofuel industry 11/14
