BASF confirms exploratory talks regarding potential takeover of Evonik
BASF SE has confirmed exploratory talks with RAG-Stiftung and Evonik Industries AG regarding a potential takeover of Evonik.
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In this special Spotlight Interview, we talk to Robert Hermans, President and CEO of IPCO, on the company marks 125 years since the foundation of Sandvik Process Systems in 1901.
In this Spotlight Interview, Simon Rogers, Chief Technology Officer at KBC (a Yokogawa company), explores how physics-based models, AI, and contextualised enterprise data are converging to improve performance and decision making in the downstream sector.
BSR signs crude oil purchase framework agreement with ExxonMobil Asia Pacific
Petrovietnam Refining and Petrochemical Corp. (BSR) have exchanged a Framework Agreement for crude oil purchases with ExxonMobil Asia Pacific, an affiliate of ExxonMobil, opening a new avenue of cooperation in feedstock supply for Dung Quat Refinery.
Petrobras signs MoU with ENH of Mozambique
Petrobras has signed a Memorandum of Understanding (MoU) with Mozambique’s National Hydrocarbon Company (ENH) to establish the foundation for strategic cooperation between the two companies in the oil and gas sector, across the full value chain.
Technip Energies announce strategic Licensing Collaboration Agreement with SABIC
Technip Energies and SABIC have entered into an exclusive Licensing Collaboration Agreement (LCA) under which Technip Energies will act as the worldwide licensor of SABIC’s Low-Density Polyethylene (LDPE) Clean Tubular Reactor (CTR®) technology.
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Wood Mackenzie: US diesel export ban would trigger global stock drawdowns, cut US refinery utilisation, and risk driving gasoline prices higher
As US diesel prices soar and political pressure for an export ban grows, a new Wood Mackenzie analysis warns the move could have considerable ripple effects, triggering significant global product stock drawdowns while ultimately proving self-defeating for American consumers.
Ludoil plans €1.3 billion investment at ISAB refinery
Ludoil Capital S.r.l has completed the acquisition of a 51% stake in ISAB S.r.l. from GOI Energy S.r.l., following the successful outcome of the Golden Power procedure.
EIL to execute Dangote’s mega greenfield project in Kenya
Engineers India Ltd (EIL) have extended its partnership with the Dangote Group for an upcoming mega greenfield refinery and petrochemical project in Kenya.
TNPA seeks LNG terminal operator for the Port of East London
Transnet National Ports Authority has issued a request for proposals for the appointment of a terminal operator for the Port of East London, South Africa.
GlobalData: Asia to spearhead global upcoming liquid storage growth additions by 2030
Expanding energy demand and energy security concerns to drive liquid storage capacity additions in the region, GlobalData has reported.
MOL completes construction work on AV3 unit at Danube Refinery
MOL has completed construction work on the AV3 unit at the Danube Refinery, Hungary, which was damaged in a fire last autumn.