Refining
DuPont MECS DynaWave scrubbers to be used in Petronas’ RAPID refinery
DuPont MECS DynaWave technology has been selected for the installation of three custom-engineered scrubbing systems for sulfur dioxide removal at Petronas’ RAPID Project refinery in Pengerang, Southern Johor, Malaysia.
Uganda says refinery talks terminated, in talks with new potential investors
Talks to build an oil refinery in Uganda with a consortium led by Korea's SK Engineering have collapsed, but the East African nation still hopes to find a lead investor for the project by year end.
China refineries gobble up Angolan oil in rush to year end
China's loadings of West African crude are set to hit their highest in more than two years in November as the nation's refineries race to stock up and offset falling domestic oil production.
Schneider Electric acquires MaxEAM, strengthens asset performance management portfolio
Schneider Electric has acquired MaxEAM, a software company with complementary applications that extend Avantis.PRO Enterprise Asset Management.
Canada's Cenovus says would consider refinery acquisitions
Canadian oil and gas producer Cenovus Energy Inc said it would consider refinery acquisitions, provided the opportunity offered good value and was easily accessible for Canadian crude.
Pepperl+Fuchs acquires supplier of mobile devices for hazardous areas
Pepperl+Fuchs has purchased ecom instruments of Germany, a global supplier of cell phones, 4G smartphones and tablets designed specifically for hazardous areas.
HollyFrontier to acquire Suncor Energy's Petro-Canada lubricants business
HollyFrontier has entered into a definitive agreement to acquire Suncor Energy's Petro-Canada Lubricants business.
GE and Baker Hughes to create fullstream digital industrial service company
GE and Baker Hughes have entered into an agreement to combine GE’s oil and gas business and Baker Hughes to create a world-leading oil and gas technology provider with a unique mix of service and equipment capabilities.
ExxonMobil warns low oil prices may dent reserves nearly 20%
Exxon Mobil Corp. warned it may need to slash proved reserves on its books by nearly 20% if oil prices stay low for the rest of 2016.
S.Korea's SK Innovation sees firm refining margins on tighter market
SK Innovation Co., which owns South Korea's largest refiner, expects refining margins to remain firm in 4Q due to low oil product inventories and seasonal demand.
- 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
