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Refining

Haldor Topsøe signs contracts with YPF Argentina

YPF Argentina and Haldor Topsøe have signed two contracts for the production of hydrogen and ultra-low-sulfur diesel (ULSD) at the Lujan de Cuyo refinery in Mendoza Province, Argentina.

Financing secured for new Egyptian refinery

The Egyptian Refining Co. (ERC) has signed a debt package of $2.6 billion to finance construction of its $3.7 billion second-stage oil refinery in the greater Cairo area of Egypt.

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.