Petrochemicals
Axens takeover bid on Heurtey Petrochem successful
Axens announces the successful outcome of its tender offer on the Heurtey Petrochem shares. The results of this offer were published by the Autorité des marchés financiers (the AMF, the French capital market regulator).
Iran seeks investors for 25 petrochemical projects
DUBAI (Reuters) -- Iran is seeking investment to build 25 petrochemical projects, an official at the state-run National Petrochemical Company (NPC) was quoted on Saturday as saying.
EIA: US set to become energy exporter by 2026
NEW YORK (Reuters) -- The United States is projected to become a net energy exporter over the next decade due to rising natural gas exports and falling petroleum product imports, the US Energy Information Administration said on Thursday.
Marathon Petroleum explores spin-off for retail business Speedway
(Reuters) -- Marathon Petroleum Corp announced a series of steps to increase its stock price, including the possible separation of its Speedway retail business, amid pressure from hedge fund Elliott Management.
Alpek signs agreement with Petrobras for acquisition of PTA-PET facilities
MONTERREY, Mexico – Alpek, S.A.B. de C.V. announced that it signed a share purchase agreement with Petróleo Brasileiro S.A. for the acquisition of its 100% stake in Companhia Petroquímica de Pernambuco and Companhia Integrada Têxtil de Pernambuco.
Handling mercaptans in gas processing plants
With the continued development of sour gas fields around the world, the removal of mercaptans from gaseous and liquid hydrocarbon streams is becoming a challenge for today’s gas processing plants.
People
ValvTechnologies Inc. has named Herman Benard Jr. as director of manufacturing. He will have senior management responsibility for the achievement of production, productivity, quality, safety and customer satisfaction goals, as well as spearheading manufacturing process continuous improvements.
Automation Strategies: Rethinking automation: A stepwise approach to the IIoT
Energy producers are under tremendous pressure to reduce operational costs and maximize efficiency throughout the value chain. This is easier said than done.
Industry Metrics
Healthy US domestic gasoline demand continued, despite supply pressure from refineries returning from maintenance and resumed Colonial Pipeline operations.
Editorial Comment: In defense of intellectual property integrity
In the publishing business, a key editorial responsibility is ensuring the integrity of all articles that are chosen for publication. This column elaborates on additional ways that prospective authors can help ensure that readers trust what we print.
- KBR to provide technology for mega-scale ammonia plant in Angola 11/25
- Indian refiners' October crude processing up over 3% y/y 11/25
- Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France 11/25
- Hexagon collaborates with Microsoft to enhance industrial operations 11/25
- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
