Economics
Petrobras refinery mishaps hurt Brazil fuel output
Serial failures at a Petrobras refinery have hobbled about 10% of Brazil's crude-processing capacity, raising safety and efficiency concerns at the financially troubled state-led oil company.
Honeywell launches Unisim Design Suite Release 450
Honeywell Process Solutions launched its UniSim Design Suite Release 450, the newest version of its process modelling software that helps industrial manufacturers increase their engineering effectiveness and optimize their process designs.
Enterprise begins service at new ethane export terminal
Enterprise Products Partners’ first cargo of ethane to be exported from Enterprise’s Morgan’s Point, Texas terminal has been loaded.
ChemChina and Rosneft set framework for FEPCO project future
ChemChina and Rosneft set out the framework for further implementation of the Far-Eastern petrochemical company project during the G-20 summit in Hangzhou.
SABIC says China petrochemical project to cost $3-4 B
Saudi Basic Industries Corp. expects its coal-to-chemicals project in China with Shenhua Ningxia Coal Industry Group to cost $3-4 B.
Williams Partners to explore monetizing Geismar olefins plant
Williams Partners has initiated an adviser-led process to explore the monetization of its indirect ownership interest in the Geismar, Louisiana olefins plant and complex.
Saudi Aramco-Motiva in lead to buy Lyondell's Houston refinery
Saudi Aramco and its US refining JV Motiva Enterprises lead the race to buy LyondellBasell Industries Houston refinery.
Enbridge defers Sandpiper Project
Enbridge Energy Partners will withdraw regulatory applications pending with the Minnesota Public Utilities Commission for the Sandpiper Pipeline project.
Ex-oil traders win partial victory over BP in Canada refinery dispute
A team of former Wall Street oil traders have won a partial victory in their continuing legal dispute with oil major BP over how to properly run a remote eastern Canadian refinery.
Brazil Supreme Court overturns Odebrecht asset freeze
A Brazilian Supreme Court judge overturned an audit court ruling that froze the assets of industrial conglomerate Odebrecht due to alleged overcharging on a refinery built for state oil company Petrobras.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- India permits Iranian oil tankers to berth for Reliance 4/10
- TotalEnergies says SATORP refinery in Saudi Arabia damaged after incidents 4/10
- Australia, Singapore leaders pledge closer energy ties to tackle global supply shock 4/10
- Ireland facing 'very severe' situation due to protester fuel blockades, PM says 4/10
- Europe could face jet fuel crunch within weeks, airports body warns 4/10
