Crude oil
India's Gulf Oil to buy specialty chemicals company Houghton International
The acquisition will allow Gulf Oil, part of the diversified Hinduja Group, to expand its lubricants and chemicals business. Indian companies have been increasingly looking overseas for acquisitions because red tape, corruption and land acquisition issues often hurt plans to expand at home.
Fuel outages begin to ease in US Northeast
Eric DeGesero, executive vice president of the Fuel Merchants Association of New Jersey, said a key bottleneck remains the closure of some major fuel terminals - a problem that means that the remaining terminals that are open face greater demand than normal.
JX Nippon to permanently end crude processing at Japan's Muroran refinery
JX said it will keep oil tanks in the site and transport refined products from elsewhere to Muroran to ensure adequate supply. JX will also maintain some secondary units to produce petrochemical products - mainly toluene and xylene - to be used as feedstock for a paraxylene joint venture in South Korea.
Consider new technologies to raise diesel yield in bottom-of-barrel products
The debate continues over adding a new delayed coker vs. a residue hydrocracker upstream of an existing delayed coker.
Improve integration opportunities for aromatics units—Part 1
An aromatics complex is a combination of processing units that can be used to convert petroleum naphtha and pyrolysis gasoline (pygas) into the basic petrochemical intermediates: benzene, toluene and ..
HP Viewpoint: Age of turbulence: Charting the refining course toward a profitable future
High-performing enterprises draw on external expertise during all project phases, from scouting and front-end engineering and development through to operations.
HP Brief: Brief
Marathon Petroleum Corp. plans to purchase BP’s Texas City refinery and related assets Marathon Petroleum Corp. (MPC) has signed a definitive agreement to purchase BP’s 451,000-bpcd Texas Ci..
HP Construction: North America
Sunoco Inc., and The Carlyle Group, L.P., have completed the formation of Philadelphia Energy Solutions, a joint venture (JV) that will operate the Philadelphia refinery. The refinery processes 330,00..
HP Construction: South America
Bechtel has a license agreement with Pemex Refinación, the refining subsidiary of Mexican state oil company Pemex, for the process design of a delayed coking unit (DCU) complex for the new Tula r..
HP Construction: Europe
Alfa Laval has an order to supply its compact heat exchangers to a petrochemical company in Western Europe. The order is valued at approximately SEK 70 million. Delivery of the exchangers is scheduled..
- TotalEnergies and Bapco Energies launch BxT Trading, a new player in the trading of petroleum products in the Middle East 1/14
- Advent Technologies and Airbus expand fuel cell technology for the aviation industry 1/14
- Moeve and Galp negotiating to combine downstream activities to form leading European energy and mobility platforms 1/14
- Moeve supplies SAF to Condor flights from Tenerife South Airport to several German cities 1/14
- Chinese refiners' 2025 oil imports, December inflows both hit record highs 1/14
- Vietnam's Nghi Son refinery processes first batch of non-Kuwaiti crude oil 1/14
