Refining
Geo Point Technologies buys Kazakh oil refinery
Geo Point Technologies has officially entered the oil refining business in an underserved region of the world with the completed acquisition of GSM Oil Holdings. GSM recently acquired Sinur Oil, which owns and operates an oil refinery in Karatau, Kazakhstan.
Repsol and KUO are mad about jatropha
Repsol and KUO Group signed an agreement in Madrid that creates a joint company called Kuosol dedicated to the development of bioenergy from the cultivation of the jatropha curcas, an oilseed with a high content of non-edible oil.
Water among causes for storage tank explosion
Reinvestigation uncovers true accident events
HPI Viewpoint--Better water management: A crucial and growing requirement
Water touches every industry and every sector, impacting lives, livelihoods, global industries and local economies. But the world is facing growing water scarcity challenges, both in developed and dev..
HP Water Management: Utility water boot camp for process engineers—Part 3
In Part 3, we will discuss the typical responsibilities of a utility process engineer to manage their systems and to interface with process engineers at all of the production units within the complex...
HP Innovations: HPInnovations
New FCC catalyst announcedGrace Davison has released a new fluid catalytic cracking catalyst technology called Alcyon. This catalyst reflects Grace’s continuing commitment to delivering a broad p..
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.
- South Korea approves nearly $1.4-B petrochemical restructuring deal as supply glut weighs 2/25
- Romanian largest refinery to shut down in March for scheduled turnaround 2/25
- Malaysia's Prefchem cuts refinery output after shutting gasoline unit 2/25
- U.S. Chemical Safety Board faults Pemex in 2024 Deer Park refinery's fatal accident 2/25
- Global diesel flows further reshuffle on EU sanctions, discounted Russian exports 2/25
- RFOcean secures first long-term e-methanol supply from ETFuels, driven by FuelEU 2/25
