Americas
Berkshire's Lubrizol to take majority stake in India JV
(Reuters) -- Lubrizol Corp, the specialty chemicals unit of Warren Buffett's Berkshire Hathaway Inc, said on Monday it plans to take majority control of its Indian joint venture with state-run Indian Oil Corp, boosting its stake to 74% from 50%.
Siemens, Atos sign cybersecurity solutions MoU for utilities, O&G industry
IRVING, Texas – Atos and Siemens announce they have entered into a Memorandum of Understanding (MOU) and will leverage their portfolios to help customers establish an integrated first line of defense against cyber-attacks.
CB&I awarded contract for hydrocracking unit for Afipsky refinery expansion
THE WOODLANDS, Texas -- CB&I announced it has been awarded a contract valued at approximately $460 million by NefteGazIndustriya, LLC, through project developer China National Chemical Engineering Co., for the Afipsky Oil Refinery Expansion Project in Krasnodar, Russia. The project was included in CB&I's backlog in the third quarter of 2016.
Diamond Green Diesel to expand renewable fuel capacity using Honeywell UOP technology
DES PLAINES, Ill. -- Honeywell UOP announced that the Diamond Green Diesel facility in Norco, La., will expand its annual production capacity of renewable diesel from 10,000 bpd to 18,000 bpd, using Honeywell UOP's Ecofining process technology.
Trump's proposal to scrap chemical safety board draws criticism
(Reuters) -- President Donald Trump's proposal to do away with the federal agency that investigates chemical accidents drew sharp criticism from environmental, labor and safety advocates, who said that eliminating the watchdog would put American lives at risk.
Sprague acquires two refined product terminals on Long Island
PORTSMOUTH, NH – Sprague Resources LP announced that its operating subsidiary, Sprague Operating Resources LLC, has signed a definitive agreement to purchase the Lawrence and Inwood, NY refined product terminal assets of Carbo Industries, Inc. and Carbo Realty, L.L.C.
Honeywell UOP scientists recognized for methanol-to-olefins technology
DES PLAINES, Ill. – Honeywell UOP announced that the American Institute of Chemical Engineers’ Fuels and Petrochemical Division has recognized four of its scientists with the 2016 Industrial Research & Development Award for the development and commercialization of the UOP Advanced Methanol-to-Olefins process.
IEA: Energy carbon emissions in 2016 flat for third year
LONDON (Reuters) -- A greener energy mix helped keep energy-related carbon dioxide emissions flat in 2016 yet more needs to be done to avert a harmful rise in global temperatures, International Energy Agency (IEA) data showed on Friday.
Latin America struggles to stem pricey fuel imports
HOUSTON (Reuters) -- Latin American countries are becoming more reliant on costly fuel imports amid floundering efforts to bolster domestic oil output and expand refinery capacity.
Calumet retains bank for potential sale of Wisconsin refinery
NEW YORK (Reuters) -- Calumet Specialty Products Partners has retained advisers for a potential sale of its refinery in Superior, Wisconsin, according to two people familiar with the matter.
- BPCL plans $11-B refinery and petrochemical project in South India 12/26
- Mexico's new Olmeca refinery operated at 17% of capacity in November 12/26
- Relevant Industrial announces acquisition of Loy Instrument Inc. 12/26
- Indian state refiners may buy Middle East spot oil to replace Russian shortfall 12/26
- Stellantis unit to pay $4.2 MM to resolve California (U.S.) emissions probe 12/26
- Japan's Taiyo Oil to shut two CDUs at Shikoku refinery for maintenance 12/26