Refining
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.
Shell starts new aromatics unit at Pernis refinery in the Netherlands
Shell Pernis started a new aromatics unit at the large Pernis refinery in Rotterdam, the Netherlands.
Irving Oil finalizes purchase of Whitegate refinery from Phillips 66
Irving Oil has finalized its purchase and sale agreement with Houston-based energy, manufacturing and logistics company Phillips 66 to acquire the Whitegate refinery located near Cork, Ireland.
Shell signs agreement to sell Denmark refining business
Shell has reached an agreement with Dansk Olieselskab for the sale of Dansk Shell in Denmark, which consists of the 70 Mbpd Fredericia refinery and local trading and supply activities, for approximately $80 MM.
Philadelphia Energy Solutions ends bid to go public
Philadelphia Energy Solutions ended its bid to take the company public, capping a string of bad news for the largest refinery on the US East Coast.
Petrobras halts output at Getulio Vargas refinery
Brazil's state-controlled oil company Petróleo Brasileiro SA said that output at its Getulio Vargas refinery had been halted, because of storm damage to a cracking unit.
Schneider Electric brings process engineering to the cloud with SimSci Online
New cloud platform lets users access industry-leading SimSci software from anywhere for a highly available and scalable solution
- Hanwha Ocean signs strategic MoU with Kanata Clean Power for proposed $15.7-B, 12-MMtpy FLNG project in Canada 6/18
- Burckhardt Compression secures milestone order for first industrial scale liquefied CO₂ carrier supporting Northern Lights CCS project 6/18
- Dynelectro dispatches 250-kW electrolyzer unit to Syntholene’s Iceland eSAF project 6/18
- EIA: U.S. crude inventories decline for tenth week to over 40-yr low 6/18
- Australia opens first carbon refinery, making new products from captured CO2 6/18
- ABB expands non-invasive sensing portfolio to advance simpler, safer temperature measurement 6/18
