Gasoline
GE buys majority stake in US fuel-storage terminals
GE is expanding into petroleum product terminals by investing $85 million to become a majority owner of Lightfoot Capital Partners, the company said on Monday. Lightfoot Capital is the majority-owner of Arc Terminals, which operates petroleum product terminals in eight US states.
US September oil demand up 2.5% from 2010 - API
At 19.9 million bpd, total US petroleum deliveries (a measure of demand) rose 2.5% in September compared with September a year ago, according to figures released on Friday from the American Petroleum Institute (API). While motor gasoline demand was up only slightly by 0.3%, distillate demand reached a record for the month, the trade group said.
Refinery configurations: Designs for heavy oil
Conceptualization and economic models looked at scenarios to process clean gasoline, diesel from domestic feedstock
HP Construction: North America
Dominion is proceeding with its next major project in the Marcellus and Utica Shale regions, the construction of a large natural gas processing and fractionation plant along the Ohio River in Natrium,..
HP Construction: Europe
A subsidiary of Foster Wheeler AG’s Global Engineering and Construction Group has a contract with Aibel AS to provide detailed design engineering services to support Aibel, which has been appoint..
HP Construction: Asia-Pacific
Gladstone Liquefied Natural Gas (GLNG) in Queensland, Australia, has selected Meridium, Inc. as the platform for its enterprise-wide APM initiative. The GLNG plant, which began construction earlier th..
HP Innovations: HPInnovations
Mercaptan oxidation in aqueous waste   Fig. 1. Mercaptan destruction rate.  Tert butyl mercaptan (TBM) and dimethyl sulfide (DMS) are oxidized to destruction in an aqueous-waste so..
Axens technology picked for Saudi Aramco refinery
Axens' technologies have been selected by Saudi Aramco for use in its Jazan refinery and terminal project, the company said on Friday. The refinery, scheduled to be commissioned in December 2016, will have a capacity of 400,000 bpd.
US petroleum demand rose slightly in August - API
Total US petroleum deliveries, used to measure demand, rose slightly in August to 19.7 million bpd compared with August a year ago, with demand for gasoline and distillates moving in opposite directions, according to the American Petroleum Institute (API).
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.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
