Americas
Schneider Electric’s new engineering process simulation unveiled
LAKE FOREST, Calif. – Schneider Electric announced availability of SimSci SimCentral for Process Utilities, a new platform to manage how processes are engineered across their entire lifecycle. With this platform, users can streamline process utility design, collaborate for process improvement and simplify modeling complexity. Benefits include reduced time and cost, an appealing user experience for the next generation of engineers and accelerated process simulation and design.
SNC-Lavalin awarded five-year extension to GES+ contract with Saudi Aramco
MONTREAL -- SNC-Lavalin is pleased to announce that SNC-Lavalin Fayez Engineering (SLFE), an engineering consultancy partnership between SNC-Lavalin and Dr. Zuhair Fayez, has been awarded a five-year extension to its existing General Engineering Services Plus (GES+) contract with Saudi Aramco, with three one-year options to extend.
Massachusetts judge requires Exxon to hand over climate documents
BOSTON (Reuters) -- A Massachusetts judge has refused to excuse ExxonMobil Corp from a request by the state's attorney general to hand over decades worth of documents on its views on climate change, state officials said on Wednesday.
EIA: US crude, fuel stockpiles soar amid record high refining
(Reuters) -- US inventories of crude and refined oil rose sharply and more than expected last week, with stocks of distillates hitting six-year highs, as crude imports and refining hit record highs, government data showed on Wednesday.
Arkema upgrades its Texas acrylics facility
Arkema is investing $90 million on its Clear Lake, Texas site to replace existing acrylic acid production units with modern facilities using available technologies.
Advent-led GTM buys Brazil chemical firm quantiQ for $172 MM
SAO PAULO (Reuters) -- GTM Holdings SA, Latin America's No. 1 independent distributor of chemical products, has agreed to pay $172 million for Brazilian peer quantiQ Distribuidora Ltda, in an effort to gain more foothold in the region's biggest country.
US probe of Venezuelan state oil firm spurs more guilty pleas
(Reuters) -- Two US-based energy executives pleaded guilty on Tuesday to US charges stemming from a scheme to corruptly secure contracts by bribing officials from Venezuela's state oil company PDVSA.
Mexico's Pemex says protests cause 'critical' border city fuel shortage
MEXICO CITY (Reuters) -- Mexico's oil company, Pemex, is struggling to supply gas stations around the northern border city of Mexicali because of a blockade at a storage site, part of a wave of sometimes violent protests and looting over a gasoline price hike.
Refiners shun new Canadian crude blend offer from Enbridge line
CALGARY, Alberta (Reuters) -- Enbridge Inc has approved a new stream of heavy Canadian crude for export on one of its major oil pipelines to the United States, according to four trading sources. The only problem? No one wants it.
Honeywell, Aereon to leverage Industrial Internet of Things for O&G
HOUSTON -- Honeywell and Aereon announced they will collaborate on solutions to help industrial customers boost the safety, efficiency and reliability of their operations by leveraging Honeywell's Industrial Internet of Things (IIoT) ecosystem.
- Brazil's Petrobras raises jet fuel prices by around 7% in key markets 1/3
- Venezuela's 2024 oil exports climb 10.5% amid political turmoil, refinery outages 1/3
- Russian court tells Yandex to hide images of oil refinery after Ukrainian attacks 1/3
- Singapore's Dec. jet fuel imports hit multi-year high on India, S. Korea supply 1/3
- Palm oil ends with more than 5% weekly losses 1/3
- Fire extinguished at Valero's Three Rivers refinery on New Year's Day 1/2
