Management
BASF sells bioenergy enzymes business to Lallemand
BASF has sold its bioenergy enzymes business to Lallemand's subsidiaries, Danstar Ferment AG and Lallemand Specialties Inc. This includes the Spartec® product portfolio and related technologies in development.
LyondellBasell expands core PP business with 35% stake in NATPET from Alujain in Saudi Arabia
LyondellBasell and Alujain Corporation announced completion of the acquisition of a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) by LYB from Alujain.
People
Ipieca appoints ExxonMobil’s Paul Krishna as new Chair
ConocoPhillips to acquire Marathon Oil Corporation for $22.5 B
ConocoPhillips and Marathon Oil Corporation announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 B.
Aspentech announces new and expanded capabilities in latest version of aspenONE
Aspen Technology, Inc. introduced new and expanded capabilities now available in aspenONE®, helping customers achieve new levels of operational excellence with expanded Industrial AI throughout the portfolio, additional integration of industrial data management across solutions, and advancements in planning and scheduling capabilities.
bp, Shell agree to sell their shares in South Africa's SAPREF refinery
bp Southern Africa and Shell Downstream South Africa have reached an agreement for the sale of their respective 50% ownership assets located at the SAPREF Refinery Precinct to the South African state-owned entity, Central Energy Fund SOC Ltd.
What's next? The future of predictive asset performance management
Asset performance management (APM) consists of two key elements: predictive analytics and maintenance strategies. Setting a strategic path for APM depends on understanding the current state of equipment health, and then being able to plan improvement based on predicting what will be needed to maintain and bring assets to an even more efficient state.
Murphy completes UK refining exit with petrol stations sale
Murphy Petroleum has signed an agreement to sell its UK petrol stations to Motor Fuel Group, completing its exit from Britain's oil retail market.
Hungary government to discuss fuel prices again despite recent falls
Hungarian Prime Minister Viktor Orban's cabinet will discuss fuel prices again despite a recent fall in prices driven by government pressure on traders to align prices with levels elsewhere in the region.
Vietnam's Binh Son refinery plans new share issue to fund $1.5-B expansion
Vietnam's Binh Son Refining and Petrochemical said it plans to issue new shares as part of its efforts to fund a $1.5-B project to expand and upgrade its Dung Quat refinery.
- Topsoe to support green ammonia flagship project in Saudi Arabia 1/27
- Asahi Kasei, Mitsui Chemicals and Mitsubishi Chemical establish entity for ethylene plant decarbonization 1/27
- Neste supports catalysis research at three universities in Finland 1/27
- Haffner Energy launches the C-iC modular units line to unlock financing for mid-sized biofuel projects 1/27
- Repsol to install second 100-MW electrolyzer at its Petronor refinery 1/27
- Toshiba and Airbus drive the future of hydrogen-powered flight with superconducting motors 1/27
