Refining
Alfa Laval awarded $10.6 MM energy-efficiency order in China
LUND, Sweden — Alfa Laval—a heat transfer, centrifugal separation and fluid handling company—has won an order to supply compact heat exchangers to a refinery in China.
Delek US Holdings announces closing of the acquisition of Alon USA
BRENTWOOD, Tenn. — Delek US Holdings, Inc. announced the closing of the acquisition of the remaining outstanding shares of Alon USA Energy, Inc. common stock in an all-stock transaction. The close of this transaction became effective on July 1.
Asia's booming diesel market draws rare European cargoes
LONDON/SINGAPORE (Reuters) — Oil traders are shipping diesel out of Europe to Asia and the Middle East where strong demand and tighter supplies have boosted prices, in a rare arbitrage that reverses traditional routes.
Indian refiners tap spot crude market to feed increased capacity
SINGAPORE/NEW DELHI (Reuters) — Indian companies have stepped up purchases of high-sulfur crude oil from the Middle East and Russia in the spot market to feed demand from expanded refining capacity, trade sources said.
Saudi Aramco, France's Total study mixed feed cracker
KHOBAR, Saudi Arabia (Reuters) — Saudi Aramco and France's Total are considering building a mixed-feed cracker and derivatives in Jubail, near their joint refining complex, industry sources said.
Indian Oil plans to buy N. American sour crude for the first time
SINGAPORE/NEW DELHI (Reuters) — India's top refiner has issued its first tender to buy high-sulfur, or sour, crude from North America as it seeks to diversify imports, three trading sources said on Tuesday.
Sinopec upgrades 11 refineries to meet stricter fuel standards
BEIJING (Reuters) — China's Sinopec says on Monday the company has upgraded 11 refineries in North China to meet the stricter standards for fuel.
Japan's Idemitsu: No plan to call shareholders' meeting on Showa Shell merger
TOKYO (Reuters) — Japan's Idemitsu Kosan Co said it had no plans to call a shareholders' meeting to vote on a merger with rival Showa Shell Sekiyu after the issuance of new shares, which would dilute the stake held by the refiner's founding family.
India's largest refiner IOC setting up Singapore oil unit
SINGAPORE/NEW DELHI (Reuters) — India's largest refiner Indian Oil Corp is setting up an office in Singapore that will handle crude oil purchases and the sales of oil products from its refineries later this year, trade sources said on Friday.
S.Korea's GS E&C wins $865-MM order to rebuild ADNOC's fire-hit refinery
SEOUL/SINGAPORE (Reuters) — Abu Dhabi demand for gasoline is expected to stay firm after its plans to restart a gasoline-making secondary unit at its Ruwais refinery were delayed by about a year into early 2019.
- The Shipping Corporation of India and Mazagon Dock Shipbuilders sign contract for methanol dual fuel platform supply vessel 3/20
- Technip Energies invests in Verso Energy’s DEZiR eSAF project in Rouen 3/20
- Honeywell’s commercial launch of AI-powered control room assistant follows successful pilot 3/20
- Serbia secures U.S. sanctions waiver for its NIS oil firm 3/20
- Tanker carrying fuel originally bound for Cuba diverts to Trinidad 3/20
- Vietnam accelerates shift to ethanol fuel as Iran war drives up energy prices 3/20
