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Malaysia to cut diesel subsidies, saving $852 MM/yr
Malaysia will begin cutting fuel subsidies to bolster its fiscal position starting with diesel, a move that will save about 4 $852 MM/yr.
Golden Pass LNG in discussions with contractor, may delay startup
Golden Pass LNG, a JV between QatarEnergy and Exxon Mobil, said it was in ongoing talks with a contractor that could have near-term impacts on activity at its site.
Shell to exit South Africa's downstream businesses
Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions.
ADNOC terminates talks to buy stake in Brazil's Braskem
Brazilian petrochemical producer Braskem said that Abu Dhabi oil company ADNOC has decided to terminate talks to buy a stake held by conglomerate Novonor in the firm.
Editorial Comment: Maintenance and inspection pathways/technologies to optimize unit reliability
Unit uptime is one of the most important aspects in refining and petrochemical plant operations. Work stoppages due to any number of causes can be detrimental to profitability; therefore, it is imperative to utilize best practices, technologies, techniques and know-how to ensure processing units operate efficiently and safely.
UAE's ADNOC recently eyed bp as takeover target, sources say
The United Arab Emirates' state-owned oil company recently considered buying Britain's bp but the deliberations did not progress beyond preliminary discussions.
Greece arrests member of gang that raked in $21 B from fuel-product smuggling
Greek authorities have arrested a senior member of an international gang that smuggled Latin American fuel products for illegal sale around the world, raking in an estimated profit of more than $21 B.
Navigating the complex LNG value chain
Throughout the last two decades, LNG technology improvements have built a global natural gas market. This globalization has led to an increase in demand, but also an increase in instability, as changing global events and the drive towards increased sustainability in energy sources have created market fluctuations from all directions.
Executive Viewpoint: FCC propylene production, catalysts technologies and new solutions
Welcome to <i>Hydrocarbon Processing’s</i> new Executive Series. In this enhanced video platform, the editors speak with the operators and technology leaders and suppliers that are optimizing the global hydrocarbon processing industry (HPI).
Global energy giants commit to accelerated transition to low-carbon future
At CERAWeek by S&P Global in Houston, Texas, executives met to network and discuss strategies for scaling technologies of the future. In a panel moderated by Atul Arya, Senior Vice President and Chief Energy Strategist at S&P Global, the panelists discussed the large-scale deployment of various technologies over the next several decades, including renewables, carbon capture, utilization and storage, hydrogen and much more.
- Digital Exclusive: Managing reliability and asset management performance in the Yanbu refinery through the implementation of a reliable operations committee program 1/16
- AM Green and DP World join forces to establish India as global hub for green molecules 1/16
- Toyota unit Hino Motors reaches $1.6-B U.S. diesel emissions settlement 1/16
- Update: Colonial Pipeline's main U.S. gasoline artery likely shut until Friday 1/16
- EIA: U.S. crude stocks fall, gasoline and distillate inventories rise 1/16
- South Korea considering buying more U.S. oil and gas 1/16
