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Refining

AspenTech Acquires Mtell

Aspen Technology, Inc. has acquired Mtelligence Corp., a San Diego, California-based pioneer in the field of predictive and prescriptive maintenance for asset performance optimization.

China firm seeks state financing for $5.5-B Caribbean oil project

Commodity trader Guangdong Zhenrong Energy Co. is in talks to secure funding for a $5.5-B plan to upgrade a Caribbean oil refinery and build a natural gas terminal, giving China a foothold in a strategic oil hub.

Shell Deer Park, Texas gasoline unit to restart

Royal Dutch Shell’s 285 Mbpd JV Deer Park, Texas, refinery plans to restart the gasoline unit after repairing thin piping found last week at the end of a planned overhaul.

Idemitsu says still unable to talk to founding family on Showa Shell takeover

Japanese refiner Idemitsu Kosan Co. said it was still unable to talk to its founding family which is opposed to the firm's plans for a takeover of smaller rival Showa Shell Sekiyu.

MAN Diesel & Turbo, Hyundai Engineering complete power plant expansion for Attock Refinery

MAN Diesel & Turbo and Hyundai Engineering have completed the extension of a power plant in Pakistan for Attock Refinery Ltd.

Saudi crude will continue to be supplied to PKN ORLEN refineries

PKN ORLEN has extended its contract with Saudi Aramco as a supplier of crude oil to its refineries in Poland, the Czech Republic, and Lithuania until December 31, 2017.

DuPont MECS DynaWave scrubbers to be used in Petronas’ RAPID refinery

DuPont MECS DynaWave technology has been selected for the installation of three custom-engineered scrubbing systems for sulfur dioxide removal at Petronas’ RAPID Project refinery in Pengerang, Southern Johor, Malaysia.

Uganda says refinery talks terminated, in talks with new potential investors

Talks to build an oil refinery in Uganda with a consortium led by Korea's SK Engineering have collapsed, but the East African nation still hopes to find a lead investor for the project by year end.

China refineries gobble up Angolan oil in rush to year end

China's loadings of West African crude are set to hit their highest in more than two years in November as the nation's refineries race to stock up and offset falling domestic oil production.

Schneider Electric acquires MaxEAM, strengthens asset performance management portfolio

Schneider Electric has acquired MaxEAM, a software company with complementary applications that extend Avantis.PRO Enterprise Asset Management.