Refining

Update: SOCAR inks deal to buy oil refiner Italiana Petroli

People close to the matter had previously said that Italy's Brachetti Peretti family was seeking an enterprise value of around €2.5 B ($3 B) for the company, which holds some €500 MM in cash.

How a Texas (U.S.) refinery turns Amazon-destroying cattle into 'green' jet fuel

Louisiana-based Diamond Green Diesel, a joint-venture between biofuels producer Darling Ingredients and petroleum refiner Valero Energy, has invested hundreds of millions of dollars into a refinery in Port Arthur, Texas that turns cattle fat - called tallow - into a cleaner alternative to petroleum-based jet fuel and diesel.

Sri Lanka sees Sinopec starting work on $3.7-B refinery soon, bidding for another refinery expansion

The Sinopec refinery, approved in 2023, will have capacity to process 200,000 bpd of crude oil and will be located near the Chinese-built and operated Hambantota port in southern Sri Lanka.

SOCAR close to buying oil refiner Italiana Petroli

Digital Exclusive: Heat exchanger body flange: The gasket is not always tight enough

Shell-and-tube heat exchangers (STHEs) are used abundantly throughout the chemical, oil and gas, and fertilizer industries. Their service is essential to numerous processes—it can be said that without them, it is impossible to successfully build and operate a plant. Body flanges, also referred to as girth flanges, are critical elements of STHEs, and are incorporated to help with maintenance, cleaning and inspection of STHEs during service.

AFPM: U.S. EPA’s RFS proposal doesn’t square with the ‘energy dominance’ agenda

Emerson unveils new safety controller for emergency shutdown systems

Emerson has announced the new PACSystems RX3i CPS400 safety controller, designed to enable Safety Integrity Level 2 (SIL2) strategies for infrastructure, fire and gas, burner management systems, and other emergency shutdown systems.

Sanctions-hit Nayara seeks Indian govt help to get refinery repair equipment

The private refiner has approached the Centre for High Technology, an advisory body under India's oil ministry, seeking assistance in sourcing specialized equipment, catalysts and other raw materials.

U.S. EPA proposes end to mandatory greenhouse gas reporting

The agency said mandatory collection of GHG emissions data was unnecessary because it is "not directly related to a potential regulation and has no material impact on improving human health and the environment."

Indonesia's Pertamina to merge refinery, shipping and retail operations

Indonesian state energy firm PT Pertamina will merge the operations of its refinery, shipping and retail units to improve efficiency in its core business, CEO Simon Aloysius Mantiri said.