Refining
Schneider Electric acquires MaxEAM, strengthens asset performance management portfolio
Schneider Electric has acquired MaxEAM, a software company with complementary applications that extend Avantis.PRO Enterprise Asset Management.
Canada's Cenovus says would consider refinery acquisitions
Canadian oil and gas producer Cenovus Energy Inc said it would consider refinery acquisitions, provided the opportunity offered good value and was easily accessible for Canadian crude.
Pepperl+Fuchs acquires supplier of mobile devices for hazardous areas
Pepperl+Fuchs has purchased ecom instruments of Germany, a global supplier of cell phones, 4G smartphones and tablets designed specifically for hazardous areas.
HollyFrontier to acquire Suncor Energy's Petro-Canada lubricants business
HollyFrontier has entered into a definitive agreement to acquire Suncor Energy's Petro-Canada Lubricants business.
GE and Baker Hughes to create fullstream digital industrial service company
GE and Baker Hughes have entered into an agreement to combine GE’s oil and gas business and Baker Hughes to create a world-leading oil and gas technology provider with a unique mix of service and equipment capabilities.
ExxonMobil warns low oil prices may dent reserves nearly 20%
Exxon Mobil Corp. warned it may need to slash proved reserves on its books by nearly 20% if oil prices stay low for the rest of 2016.
S.Korea's SK Innovation sees firm refining margins on tighter market
SK Innovation Co., which owns South Korea's largest refiner, expects refining margins to remain firm in 4Q due to low oil product inventories and seasonal demand.
Rockwell Automation expands information solutions offerings
By the year 2020, more than 50 B devices are expected to be connected to the internet. These devices are getting smarter and consequently, will help make manufacturing smarter.
ExxonMobil begins production at Port Allen aviation lubricants plant
The 90,000 square foot facility is part of a $200-MM investment to expand ExxonMobil’s integrated chemical and lubricants complex in Baton Rouge, which is already one of the largest petrochemical hubs in the world.
Rule changes help India's oil market act its size
Freed from a layer of fusty bureaucracy, India's state refiners are helping the country evolve an oil market that reflects its status as both the world's fastest growing major economy and oil consumer.
- Valmet to deliver advanced process analytical solutions to Dow’s Path2Zero ethylene project 2/6
- Tampnet brings mission-critical connectivity to hydrocarbon processing industries 2/6
- Indonesia's Pertamina merges refinery and logistic units 2/5
- Baker Hughes to provide downstream chemicals for Marathon Petroleum refineries, becoming preferred provider across North America 2/5
- About 2 MMbbls of Venezuelan oil being shipped to Spain's Repsol for refining 2/5
- Aster to complete Singapore refinery expansion, berth works in 2H 2026 2/5
