Refining
Total sells stake in Spanish company to Abu Dhabi entity
Total and IPIC have signed an agreement whereby Total will sell its 48.83% share in the capital of CEPSA. IPIC, a wholly owned entity of the Abu Dhabi government, is currently a shareholder of CEPSA with a stake of 47.06%.
Atlas Inspection Technologies expands across US
Atlas Inspection Technologies, a Seattle-based provider of remote visual inspection solutions for the industrial and manufacturing sectors, announced further expansion across North America.
15 groups seek to bar EPA funding for E15
NPRA, the National Petrochemical & Refiners Association, was one of 15 organizations signing a letter to the leadership of the US House of Representatives supporting a measure by Rep. John Sullivan (R-Oklahoma) that would bar the Environmental Protection Agency (EPA) from using federal funds to cover EPA costs involved with increasing the amount of ethanol in gasoline from the current 10% to 15%.
Ethanol companies join RFA to form advocacy council
Leaders in the world’s ethanol industry recently announced that they are coming together in conjunction with the Renewable Fuels Association (RFA) to form the Advanced Ethanol Council (AEC).
US refining margins improve, but some refineries remain at risk
During the fourth quarter of 2010, US refining industry performance improved relative to the prior quarter. While the US Gulf Coast crack spreads were somewhat lower in the fourth quarter, the light-heavy crude oil price differential (LLS-Maya) continued to favor refineries with heavier crude slates.
KBR and Valero startup benzene reduction projects
KBR today announced that Valero Energy has successfully started up advanced reformate splitters at three of its US refineries.
Catalyst recycling comes to Oklahoma
Veolia ES Technical Solutions and Oklahoma Materials Recycling (OMR) have signed a teaming agreement whereby Veolia will exclusively provide up-front sales and marketing services for OMR’s catalyst recycling plant currently under construction in Atoka, Oklahoma.
Association says CFATS should be made permanent
In written testimony before a US congressional panel, the National Petrochemical and Refiners Association (NPRA) said existing Chemical Facility Anti-Terrorism Standards (CFATS) are effective and should be made permanent. The association’s statement was given to the US House Committee on Homeland Security’s Subcommittee on Cybersecurity, Infrastructure Protection and Security Technologies.
Mubarak exits stage right
What will this mean for IOCs doing business in the region?
Siemens and Saudi Aramco sign strategic procurement agreement
Siemens and Saudi Aramco have signed a corporate procurement agreement (CPA).
- GTT receives order from Samsung Heavy Industries for the tank design of two new very large ethane carriers 2/11
- Emerson introduces hybrid continuous gas analyzer for improved regulatory compliance and emissions control 2/11
- BASF to further strengthen Global Business Services through global hub setup 2/11
- Morocco signs agreement with ORNX consortium for $4.5-B green ammonia complex 2/11
- Rosneft oil refinery in Germany warns of risks from U.S. sanctions 2/11
- TotalEnergies takes over Zeeland refinery operations, Lukoil still owns 45% 2/11
