Refining
Statoil exercises one year option with Aker Solutions at Mongstad refinery
Statoil has exercised a one year option to extend its contract with Aker Solutions at the Mongstad refinery in Norway.
Shell to sell downstream businesses in Finland and Sweden
Shell has agreed to sell the majority of its refining and marketing businesses in Finland and Sweden to Keele Oy. Keele Oy is the major shareholder of St1 Holding Oy, whose businesses include fuel retail networks in Finland, Sweden, Norway and Poland.
Workers end strike for three French refineries
Refinery workers have been on strike since October 12 over government plans, due to become law this week, to modify the national pension system and raise the retirement age. Finally after almost two weeks three refineries are seeing slight reprieve as workers at three of France’s twelve refineries have voted to end strikes after heeding government warnings over economy damage due to fuel shortages.
Genesis Energy grabs a 50% interest in Cameron Highway Oil Pipeline
Genesis Energy has executed a definitive agreement to purchase Valero Energy’s indirect 50% equity interest in Cameron Highway Oil Pipeline, a partnership, for $330 million in cash.
Chavez bemoans US regulation and Citgo profitability
The human quote machine and general despot of Venezuela Hugo Chavez is once again in the news, this time for bad mouthing the Venezuelan-owned company known as Citgo.
Petrobras inks ethanol supply contract
Petrobras Distribuidora (BR) and Petrobras Biocombustível (Biofuels) have executed with Açúcar Guarani S.A. (Guarani) a contract for the supply of up to 2.2 billion liters of ethanol during four years.
Axens delivers optimization software to Aromatics Oman
Axens (Performance Programs) has delivered to Aromatics Oman LLC (AOL) a process operations simulator (POS) for its ParamaX complex that started up in the beginning of 2010.
New process converts crude ethanol into bio-alkylate
Exelus, Inc. (www.exelusinc.com) has developed a process that converts low-cost, bio-derived, hydrous ethanol into “bio-alkylate”, a hydrocarbon fuel chemically identical to a conventional refinery blendstock called alkylate.
ExxonMobil commissions new ultra-low-sulfur diesel units
ExxonMobil has completed commissioning of new units to produce ultra-low-sulfur diesel at its Baytown, Texas, and Baton Rouge, Louisiana, refineries.
Petroplus plans to convert Reichstett refinery site to a terminal
Petroplus Holdings AG announced an update on the strategic review of its Reichstett refinery in France that was launched in April to evaluate alternatives for the site.
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
