Americas
Petrobras undecided over outright sale of refining assets
SAO PAULO (Reuters) -- Petroleo Brasileiro SA remains undecided about the sale of some refineries, a sign Brazil's state-controlled oil company might be leaning toward forming partnerships by offering stakes in some of them, a person with direct knowledge of the matter said on Thursday.
US reversal on transparency could sting Canadian, European oil companies
HOUSTON/CALGARY (Reuters) -- A reversal of US transparency requirements for the natural resources industry could give American oil companies an edge over Canadian and European rivals who face some of the toughest rules in the world, according to company executives, legal experts and trade groups.
Phillips 66's profit misses on lower refining margins
(Reuters) -- US independent oil refiner Phillips 66 posted a lower-than-expected quarterly profit as margins were squeezed by the narrowing gap between US crude prices and globally-traded Brent crude, to which prices of refined products are tied.
Suncor Energy closes sale of Petro-Canada Lubricants
CALGARY, ALBERTA -- Suncor Energy announced it has closed the previously announced sale of its Petro-Canada Lubricants Inc. business to a subsidiary of HollyFrontier Corporation for gross proceeds of $1.125 billion, subject to customary closing adjustments.
Washington state pipeline disruption jury fails to reach verdict
(Reuters) -- A jury weighing charges against an activist behind a coordinated protest that disrupted the flow of millions of barrels of crude oil into the United States failed to reach a verdict in a case in Washington state, prosecutors said on Wednesday.
Oil prices fall after sharp rise in US stockpiles
SINGAPORE/TOKYO (Reuters) -- Oil prices fell on Thursday after official data showed US crude and gasoline stockpiles rose sharply, although signs that OPEC and other producers are holding the line on output cuts helped support prices.
Praxair launches hydrogen recovery unit to support Dow's Freeport operations
Praxair completed a new hydrogen recovery and processing plant at the company’s Freeport, Texas production complex. The company held a ribbon cutting ceremony at the facility on Jan. 31 (FIG. 1). The new hydrogen facility will recover by-product hydrogen from Dow Chemical’s ethylene production facilities, and upgrade it into high-purity hydrogen by using a pressure swing adsorption process.
Pertamina using Honeywell UOP technology to boost clean fuels production
DES PLAINES, Ill. -- Honeywell announced that PT Pertamina will use Honeywell UOP technology to produce high-octane gasoline blending components and jet fuel at its Balikpapan refinery in Kalimantan Timur, Indonesia.
CB&I announces CDAlky technology award in China
THE WOODLANDS, Texas -- CB&I announced it has been awarded a contract by Shaanxi Yanchang Petrochemical Group for the license and engineering design of an alkylation unit in Yan'an City, Shaanxi, China. The alkylation unit will use CB&I's CDAlky advanced sulfuric acid alkylation technology.
Scientific Design awards Indian Oil MEG plant license
LITTLE FERRY, New Jersey -- Scientific Design Company, Inc. (SD) today announced that Indian Oil Corporation LTD. Has selected SD’s MEG technology for their complex in Paradip, Odisha, India.
- Fire at Russian petrochemicals plant kills at least three 4/2
- NH3 Clean Energy selects Linde to deliver FEED for the WAH2 project 4/2
- Phelan Green selects Honeywell process technology for flagship South African eSAF facility 4/2
- Metafuels secures Dutch government grant to advance Rotterdam eSAF project 4/2
- Topsoe partners with Hynfra P.S.A. to advance green ammonia in Jordan 4/2
- China calls for independent refiners to maintain fuel output amid war disruption 4/2
