Refining
ExxonMobil plans Texas lubricant base stock plant
ExxonMobil Chemical said it plans to build a world-scale facility for its metallocene polyalphaolefin (mPAO) synthetic lubricant base stocks at its integrated refining and chemical complex in Baytown, Texas. The facility will have the capacity to produce 50,000 tpy of high-viscosity (Hi-Vis) SpectraSyn Elite mPAO.
Neste Oil starts Rotterdam renewable diesel plant
Neste Oil has successfully started up Europe's largest renewable diesel plant in Rotterdam in the Netherlands, the company said on Tuesday. Production of NExBTL renewable diesel at the new plant will be ramped up on a phased basis.
EIA sees $125/bbl oil in 2035 amid rising demand from China, India
Global oil prices are likely to remain high, but oil consumption should continue to grow, with both conventional and unconventional liquids used to meet rising demand, according to the International Energy Outlook (IEO2011) study released Monday by the US Energy Information Administration (EIA).
Berkshire Hathaway closes on $9.7bn Lubrizol deal
Berkshire Hathaway has officially completed its acquisition of US-based specialty chemicals firm Lubrizol for $135/ share in an all-cash transaction. The transaction, having been overwhelmingly approved by Lubrizol shareholders and having met all US and non-US regulatory filing requirements, is valued at approximately $9.7 billion, including approximately $0.7 billion in net debt.
Indian Oil plans to double refining capacity - report
Indian Oil Corp. plans to nearly double its refining capacity by March 2022 as an improving domestic economy is helping to boost demand for fuel products in India, an executive with the company said on Friday.
Butamax disputes Gevo bio-isobutanol patent suit
Butamax Advanced Biofuels is disputing allegations of patent infringement on bio-based isobutanol from rival producer Gevo. “Gevo’s lawsuit against Butamax is baseless and irresponsible” said Paul Beckwith, CEO of Butamax. “When Butamax makes isobutanol, we do not use the technology claimed in the Gevo patents.
BP given brunt of blame in final Gulf oil spill report
A final investigation report released by US regulators on Wednesday found BP largely at fault in the Deepwater Horizon rig explosion and resulting oil spill in April 2010.
Shell mulls new Louisiana-to-Texas crude pipeline
Shell Pipeline Co. is considering building a new pipeline segment (Westward Ho) to move crude from St. James, Louisiana to the Golden Triangle area of southeast Texas, the company said on Wednesday.
IEA cuts global oil demand outlook, citing economy
Market observers are puzzled over the ‘paradox’ of weakening economic growth and oil demand indicators on one hand and $110/bbl crude on the other, according to the International Energy Agency (IEA), which on Tuesday cut forecasts for oil demand growth in 2011 and 2012.
Gevo wins US patents for bio-isobutanol production
Advanced biofuels firm Gevo received two patents from the US Patent and Trademark Office (USPTO) on technologies that enable the low-cost, high-yield production of bio-based isobutanol.
- Copernic Catalysts to scale its catalyst for sustainable ammonia production 11/19
- Firefly partners with waste giant Sanepar, strengthening global feedstock access 11/19
- Synata Bio’s Sylonto Project awarded $4.5-MM NDRC grant 11/19
- Lukoil to launch gas chemical complex, gas processing unit in Stavropol in 2029 11/19
- COP29: TotalEnergies and Oil India to collaborate on methane emissions detection, measurement 11/19
- CB&I ships Viva Energy Modules from its Thailand fabrication facility 11/19
