Refining
Air Products and NICE sign MOU to develop hydrogen fuel projects in China
Air Products and the National Institute of Clean-and-Low-Carbon Energy have signed a memorandum of understanding to develop hydrogen fuel projects in China.
Kuwait’s KNPC aims to finalize $5 B loan by Q1
Kuwait National Petroleum Co. expects to finalize a loan of well over $5 billion to finance its Clean Fuels project by the end of Q1 of next year.
CB&I signs alliance agreement with Haldor Topsoe
CB&I has signed a long-term alliance agreement with Haldor Topsoe, a leading catalyst and technology provider, that will expand CB&I's licensing position for syngas opportunities.
India's Essar agrees to sell oil arm to Rosneft-led group
India's debt-laden Essar Group confirmed on Saturday that it has agreed to sell a 98% interest in its Essar Oil unit to a consortium led by Russia's Rosneft.
Honeywell’s Assurance 360 service program protects industrial plants
Honeywell Process Solutions is helping industrial manufacturing plants around the world maximize uptime and reduce operating costs through its innovative Assurance 360 services program.
Rockwell Automation launches new industrial security appliance
The Allen-Bradley Stratix 5950 security appliance from Rockwell Automation incorporates new security technologies to help protect plant-floor systems.
Idemitsu delays full takeover of Showa Shell on founding family opposition
Japanese refiner Idemitsu Kosan has put on hold its plan for a full takeover of smaller rival Showa Shell Sekiyu indefinitely after running into fierce opposition from the Idemitsu founding family.
Pakistan Refinery seeks loan to increase capacity
Pakistan Refinery is in talks with international banks over a potential syndicated loan to increase refinery capacity.
Meridian Energy says Davis refinery to be operational in 2018
Meridian Energy says it remains on-track to have the Davis Refinery operational no later than early 2018.
ChemChina, Sinochem in talks on possible merger
Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil company with almost $100 B annual revenue.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
