Refining
India's Bharat Petroleum to spend $6.8 B on refinery expansion by 2022
India's Bharat Petroleum Corp. plans to spend $6.75 B through 2022 to raise refining capacity by 62% to meet rising fuel demand in the world's fastest growing major economy.
Mangalore refinery receives first crude parcel from Iran for strategic reserve
Mangalore Refinery and Petrochemicals Ltd. received the first parcel of crude oil for delivery into the Mangalore cavern of Indian Strategic Petroleum Reserves Ltd.
ION Engineering starts carbon capture testing at Technology Centre Mongstad
ION Engineering started its test campaign with further testing of its advanced CO2 capture process at Technology Centre Mongstad, located at Statoil's Mongstad refinery in western Norway.
Axens files proposal to acquire Heurtey Petrochem
Axens has filed a voluntary takeover bid proposal with the AMF (French capital markets authority) to acquire the shares of Heurtey Petrochem.
BP to vigorously defend against Marathon suit
BP said it would vigorously defend itself against a federal civil suit by Marathon Petroleum alleging that it had failed to deliver a Texas oil refinery in the condition promised under a $2.4-B sales agreement.
Praxair contracts KP Engineering to expand production at Geismar, Louisiana plant
KP Engineering has been awarded a fixed-price EPC contract by Praxair to expand carbon monoxide production at its Geismar, Louisiana plant.
First fully commercial CCSU plant launches capturing CO2 at $30/ton
Carbon Clean Solutions Ltd. has launched a new project that will see more than 60 MMt of CO2 captured from the 10 megawatt coal-fired power station based near Chennai, India.
EIA - US crude oil imports rise during first-half 2016
During the first half of 2016, US gross crude oil imports increased by 528 Mbpd, or 7%, compared to the first half of 2015, reversing a multiyear trend of decreasing US crude oil imports as a result of increasing US production.
Philadelphia Energy Solutions laying off nonunion workers
Philadelphia Energy Solutions Inc. has begun laying off nonunion workers at its Philadelphia refinery after the company fell short of a goal of trimming its workforce through voluntary buyouts.
Marathon sues BP for breach of contract in Texas oil refinery sale
Marathon Petroleum Corp. alleged BP failed to deliver a Texas oil refinery and three products terminals in the condition promised under a $2.4-B sales agreement signed in 2012, according to a federal lawsuit.
- 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
