Refining
Solazyme raises over $50 million
Solazyme, Inc. has raised $52 million in its Series D financing round. Solazyme uses microbial fermentation to produce renewable oil that can be used for clean and scalable fuels, chemicals, nutritional food ingredients and health and wellness products.
Gevo purchases ethanol facility in Minnesota
Gevo has signed definitive agreements to acquire Agri-Energy’s ethanol production facility in Luverne, Minnesota.
Western Refining halts activity at Yorktown refinery
Western Refining is suspending refining operations at its Yorktown refinery due to the poor outlook for East Coast refining margins.
Frontier puts positive spin on Cheyenne refinery fire
The late July fire at Frontier Oil’s Cheyenne refinery has been problematic for the company, but its leadership does not see the incident as having a long term effect on Frontier’s overall bottom line.
Possible CNPC and Sinopec turf battle on China’s east coast
Xinhua News is reporting that Petrochina will provide crude oil for the Shandong Dongming Petrochemical oil refinery in Shandong Province, China.
Shell and Delek can’t get it done in Canada
Canada Products (Shell) and Delek US Holdings, Inc. have agreed to end negotiations regarding a potential sale of the Shell Montreal East refinery.
Flowserve green lit for Saudi Aramco’s Yanbu' project
Flowserve Corp. has received final approval from Saudi Aramco on a master purchase agreement to supply pumps, valves and services for the Yanbu' export refinery project (YERP).
Firm selected to provide a biomass pretreatment reactor system for US DOE
AdvanceBio Systems LLC, has a contract with the US Department of Energy's National Renewable Energy Laboratory in Golden, Colorado, to provide a biomass pretreatment reactor system for its integrated biorefinery research facility.
Xebec to build a biogas upgrading plant in Canada
Xebec Adsorption Inc. has signed a significant contract to build a complete biogas upgrading plant for Terasen Gas in western Canada.
Targa Resources Partners announces benzene treating project
Targa Resources Partners subsidiary Targa LSNG LP has executed a long-term contract with Marathon Petroleum Co. to install, own and operate treating equipment to reduce the benzene content of natural gasoline.
- Azerbaijan's State Oil Company redirects supplies of jet fuel from STAR refinery to Turkish domestic market 5/8
- Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz 5/8
- Seven markets to track if peace breaks out in the Middle East 5/8
- Asia exports of refined fuels plunge amid Hormuz closure 5/8
- Libya's Zawiya oil refinery shut due to nearby clashes 5/8
- Meghna PVC partners with Jotun to manage corrosion maintenance 5/7
