Refining
MSA Safety acquires laser-based gas detection technology provider Senscient
Safety equipment manufacturer MSA Safety Inc. has acquired Senscient, Inc., a provider of laser-based gas detection technology, useful in industrial, oil and gas production and petrochemical processing applications.
Brazil's Petrobras to exit biofuels production
Brazil's state-controlled oil company Petróleo Brasileiro SA said it will exit the biofuels sector, as the heavily indebted company seeks to prioritize investment in crude oil and gas production.
Callidus Technologies inaugurates flare testing facility
Callidus Technologies has inaugurated a new facility for the testing of gas combustion flares at its manufacturing facility in Beggs, Oklahoma.
GE to provide power solution for Petronas’ Pengerang complex
GE will supply 17 emergency diesel generator packages, five transportable switch rooms and the electrical balance for Petronas’ Pengerang Integrated Petrochemical Complex.
Saudi Aramco contains fire at Ras Tanura, eight injured
Eight workers were injured in a fire of unknown origin at Saudi Aramco’s Ras Tanura terminal.
India to buy 6 MMbbl of Iran oil for emergency reserves
India is set to buy 6 MMbbl of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates' national oil company for supplies are stuck over commercial terms.
Curacao inks deal with China firm to run Isla refinery
The government of Curacao has signed a preliminary agreement with China's Guangdong Zhenrong Energy to operate the aging Isla refinery and invest some $10 B to upgrade the facility.
Hedge funds pile into gasoline amid pipeline, refinery woes
Money managers have amassed their largest bullish position in US gasoline in more than three months as pipeline and refinery outages send futures and pump prices of the motor fuel soaring.
Chinese gasoil exports may hit Asia refiner margins for rest of year
Asian gasoil distillates refining margins are likely to remain bearish for the next few months on larger than usual exports from China.
- Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project 4/10
- Nufarm strengthens strategic collaboration to support long term growth in biofuels production 4/10
- Pertamina and CRecTech sign MoU to explore pilot biogas-to-biomethanol facility in SEZ, Indonesia 4/10
- Shell Chemicals and Syensqo partner to deliver low-carbon ethylene oxide solutions 4/10
- HAMR Energy’s nationally significant fuel projects selected for Australian Government’s Investor Front Door Pilot 4/10
- HD Hyundai Heavy Industries builds world's first ammonia-powered vessel 4/10
