Europe
Linde to supply ethane, NGL extraction units for major Gazprom project
Linde will engineer and supply units for ethane and natural gas liquids (NGL) extraction and nitrogen rejection, as well as for helium purification, liquefaction and storage.
Rosneft, BP to dissolve German refining venture
After restructuring later this year, Rosneft will become a direct shareholder in the Bayernoil refinery and raise its stake in it to 25% from 12.5%, according to the report. Rosneft also plans to increase its stake in the MiRO refinery to 24% from 12%, and in the PCK refinery to 54.17% from 35.42%.
Neste Jacobs to deliver operator training simulator for Porvoo refinery units
After the new simulator has been commissioned in spring 2016, it will be maintained and kept up-to-date with the real plant by utilizing Neste Jacobs' customer support simulator environment.
LyondellBasell unveils senior leadership changes
After four years with LyondellBasell, Timothy D. Roberts, executive vice president of global olefins and polyolefins, has announced his decision to leave the company. Mr. Roberts will be succeeded by Daniel M. Coombs, who joined LyondellBasell in 2015.
CRI Catalyst licenses IH2 biofuel plant in Europe
The license covers IH2 technology, a continuous thermal catalytic process which produces liquid hydrocarbon transportation fuels from forest residues, and other renewable resources.
Business Trends: Special report--Global LNG overview
Liquified natural gas is forecast to become one of the most valuable commodities in the world.
Industry Metrics
Asian margins showed a strong recovery due to higher winter heating fuel demand, supporting middle distillate crack spreads.
Global Project Data
According to <i>Hydrocarbon Processing's</i> Construction Boxscore Database, new project announcements averaged approximately 25 per month in 2015.
Honeywell upgrades plant controls system for top ammonia group in Russia
The controls and safety project was a part of a framework agreement that will see Honeywell automate all production facilities for TogliattiAzot, the world’s largest ammonia producer.
Shell to upgrade Pernis refinery in Rotterdam with new solvent deasphalter
Construction work is planned to start next year, subject to permit approvals, with completion expected by the end of 2018. The new unit will not change the refinery’s total processing capacity, but will allow a different product mix.
- Borouge to develop AI-powered autonomous UAE operations to accelerate growth and value creation 6/25
- Ch0C gas boiler: A French consortium innovates for industrial decarbonization 6/25
- Taiwanese container ship operator to install WinGD's methanol engines across more than 30 vessels 6/25
- EIA: U.S. crude and fuel inventories fall on higher demand 6/25
- Update: Venezuela's second largest refinery restarting units after blackout 6/25
- 3t introduces landmark training to empower women in Saudi Arabia’s energy sector 6/25
