Refining
Honeywell completes acquisition of Sundyne to expand process industry capabilities
Honeywell announced the completion of its acquisition of Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction.
Coolbrook, Turbostream collaborate to accelerate decarbonization technology for heavy industries
Coolbrook, a transformational technology and engineering company on a mission to decarbonize heavy industry, and Turbostream, a leading developer of high-performance simulation tools for turbomachinery, have announced a collaboration to support the rapid optimization and deployment of Coolbrook’s proprietary RotoDynamic Heater™ (RDH™) and RotoDynamic Reactor™ (RDR™) technologies.
California (U.S.) fuel imports hit 4-yr high amid refinery outages
California's fuel imports rose to the highest in 4 yr in May as refiners turned to historical trading partners in Asia and tapped some unusual routes to make up for shortages in the No. 2 U.S. oil consumer state, according to shipping data and traders.
ANDRITZ to acquire Diamond Power Intl. businesses
International technology group ANDRITZ has signed an agreement to acquire Diamond Power Intl. LLC (Diamond Power) businesses, including its subsidiaries and manufacturing locations, from U.S.-based Babcock & Wilcox Enterprises Inc. (B&W).
Private refiners tap India's drivers as export markets tighten
India's two major private-sector refiners, which have long prioritized exports, are turning to local sales, grabbing share in the country's fast-growing $150-B fuel retail market as weaker global demand squeezes profit margins offshore.
Irving Oil invests $100 MM in Saint John refinery upgrade
Irving Oil said on Thursday it plans to invest $100 MM to upgrade a key crude oil processing unit at its 320,000-bpd Saint John facility in New Brunswick, Canada's largest refinery.
IEA: Global energy investment set to hit record $3.3 T in 2025
A surge in clean energy spending is expected to drive a record $3.3 T (€2.89 T) in global energy investment in 2025, despite economic uncertainty and geopolitical tensions.
Idemitsu shuts No. 3 CDU at Yokkaichi refinery for maintenance
Japanese oil refiner Idemitsu Kosan shut the 155,000-bpd No. 3 crude distillation unit (CDU) at its Yokkaichi refinery in central Japan on May 19 for scheduled maintenance.
Japan's Eneos begins unplanned shutdown at 77,000-bpd unit at Kawasaki
Japan's biggest refiner, Eneos Corp., experienced an unplanned shutdown of the 77,000-bpd No. 3 crude distillation unit (CDU) at its Kawasaki refinery near Tokyo, starting June 4.
LanzaJet, ATOBA Energy sign MoU to expand access to SAF market
LanzaJet and ATOBA Energy have signed a memorandum of understanding (MoU) to collaborate on accelerating sustainable aviation fuel (SAF) deployment and creating new commercial models for the market.
- 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
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
