Refining
Honeywell’s Assurance 360 service program protects industrial plants
Honeywell Process Solutions is helping industrial manufacturing plants around the world maximize uptime and reduce operating costs through its innovative Assurance 360 services program.
Rockwell Automation launches new industrial security appliance
The Allen-Bradley Stratix 5950 security appliance from Rockwell Automation incorporates new security technologies to help protect plant-floor systems.
Idemitsu delays full takeover of Showa Shell on founding family opposition
Japanese refiner Idemitsu Kosan has put on hold its plan for a full takeover of smaller rival Showa Shell Sekiyu indefinitely after running into fierce opposition from the Idemitsu founding family.
Pakistan Refinery seeks loan to increase capacity
Pakistan Refinery is in talks with international banks over a potential syndicated loan to increase refinery capacity.
Meridian Energy says Davis refinery to be operational in 2018
Meridian Energy says it remains on-track to have the Davis Refinery operational no later than early 2018.
ChemChina, Sinochem in talks on possible merger
Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil company with almost $100 B annual revenue.
Rosneft, Trafigura, UCP to buy stake in Essar Oil
Russian oil major Rosneft , along with European trader Trafigura and Russian fund UCP, will acquire 98 percent in India's Essar Oil for about $12-$13 billion.
US gasoline glut disappears as refiners tweak production
The US gasoline glut, which dominated discussions about the outlook for crude and fuel markets during the spring and early summer, quietly evaporated during August and September.
CB&I awarded contract renewal for refinery maintenance services
CB&I has been awarded a five-year contract renewal valued at approximately $350 MM for maintenance, turnarounds and capital construction for a major refinery in the Midwest.
Glencore hopes for Moroccan refinery restart to recoup money
Glencore, one of the main creditors of Morocco's sole refinery, still has hopes the idled plant will restart so lenders can gradually recoup their money, despite repeated failures to get it up and running.
- UPM and BASF accelerate the transition to recyclable, fiber-based packaging 5/4
- Australia's Viva Energy expects to restart Geelong refinery units in June 5/4
- China's Commerce Ministry blocks U.S. sanctions against five refineries 5/4
- ADNOC launches Industrial Resilience Program at "Make it in the Emirates" to boost UAE industrial capacity and strengthen supply chains 5/4
- Iraq starts work on Basra-Haditha oil pipeline 5/4
- Record U.S. biofuel targets to test biodiesel industry after slow year 5/4
