Refining
Koch acquires process optimization solution provider EFT Energy
Koch Industries acquired EFT Energy, a software-as-a-service and solutions provider in the fields of industrial and manufacturing predictive analytics, process optimization, and industrial and commercial energy management.
EIA: Regional refining capacity makes US major importer and exporter of gasoline
The US simultaneously imports and exports gasoline, because of regional differences in gasoline supply and demand balances.
Linde, Petronas JV to build air gas facility at Pengerang petroleum complex
Linde Malaysia and Petronas Gas Berhad will build an industrial air gas facility that supply the needs of Petronas’ refinery and petrochemicals integrated complex in southern Malaysia.
Technip awarded EPC contract for ENOC refinery expansion
Technip will serve as the main EPC contractor for Emirates National Oil Co.’s $1 B expansion of its Jebel Ali refinery.
BASF’s enhanced precision grout offers safety and application benefits
BASF’s construction chemicals division has enhanced and aligned the performance and availability of MasterFlow 648 epoxy resin-based precision grout with the needs of the petrochemical industry.
Iran sends 1 MMbbl of oil to Austria's OMV in spot delivery
Austria's OMV received 1 MMbbl of crude oil from Iran which will be delivered to its two refineries in Austria and Romania.
Russia's Lukoil plays down plans to sell refineries in Europe
Russia's second-biggest oil producer, Lukoil, played down the possibility of selling its oil refineries in Europe as margins improved.
India's Iran oil imports surge to highest in at least 15 years
India's daily oil imports from Iran in August surged to their highest in at least 15 years as the OPEC producer boosted its shipments to recoup market share ceded to rivals Saudi Arabia and Iraq under pressure from economic sanctions.
Sinochem to add ethylene complex to Quanzhou oil refinery
Sinochem will add an ethylene complex to its 12 MMtpy Quanzhou oil refinery.
Bill Gates, Total lead $14 MM investment in Renmatix for biorefinery technology
Bill Gates and Total have decided to invest $14 MM in Renmatix, a producer of cellulosic sugar technology used to create biofuels.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
