Refining
Bill Gates, Total lead $14 MM investment in Renmatix for biorefinery technology
Bill Gates and Total have decided to invest $14 MM in Renmatix, a producer of cellulosic sugar technology used to create biofuels.
Shell starts new aromatics unit at Pernis refinery in the Netherlands
Shell Pernis started a new aromatics unit at the large Pernis refinery in Rotterdam, the Netherlands.
Irving Oil finalizes purchase of Whitegate refinery from Phillips 66
Irving Oil has finalized its purchase and sale agreement with Houston-based energy, manufacturing and logistics company Phillips 66 to acquire the Whitegate refinery located near Cork, Ireland.
Shell signs agreement to sell Denmark refining business
Shell has reached an agreement with Dansk Olieselskab for the sale of Dansk Shell in Denmark, which consists of the 70 Mbpd Fredericia refinery and local trading and supply activities, for approximately $80 MM.
Philadelphia Energy Solutions ends bid to go public
Philadelphia Energy Solutions ended its bid to take the company public, capping a string of bad news for the largest refinery on the US East Coast.
Petrobras halts output at Getulio Vargas refinery
Brazil's state-controlled oil company Petróleo Brasileiro SA said that output at its Getulio Vargas refinery had been halted, because of storm damage to a cracking unit.
Schneider Electric brings process engineering to the cloud with SimSci Online
New cloud platform lets users access industry-leading SimSci software from anywhere for a highly available and scalable solution
Siemens launches electro-oxidation technology for spent caustic treatment
Siemens has developed an electro-oxidation process to address the needs of refinery and petrochemical spent caustic treatment.
Indian Oil inks MOU with Praj for development of 2G ethanol
Indian Oil Corp. has selected Praj as its technology partner for setting up multiple 2nd-generation bio-ethanol plants based on indigenously developed technology.
Motiva to proceed with Port Arthur hydrocracker work
Motiva Enterprises will proceed with a two-month overhaul of the hydrocracker at the Port Arthur refinery at the end of September, instead of postponing the work.
- U.S. labor board judge rules Exxon's Texas refinery union lockout was legal 11/28
- U.S. crude stocks fall, gasoline and distillate inventories rise 11/28
- Maersk could use 15%–20% alternative fuels for its fleet in 2030 11/28
- Germany's BSW pushes to restore Russian oil to Schwedt refinery, seeks regional legitimacy 11/28
- Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs 11/28
- Singapore distillates stocks tick up for fifth week 11/28
