Refining

With the US$69 billion acquisition of SABIC in June and investments in oil-to-chemicals technology, Aramco has positioned itself for downstream growth.

Neles has signed seven new distributor agreements and one agent agreement in South and Central America during the last three quarters of 2020.

The 50/50 JV includes a 1.5 million t ethane cracker, 0.9 million t low-density and linear-low density polyethylene plants, and associated infrastructure near Lake Charles, Louisiana, US.

The consulting firm's index will account for the typical crude run in US West Coast refineries, the cost of compliance with greenhouse gas-reduction regulations, and local refined product prices.

For the week ending 13 November US distillate inventories fell to 143 million barrels, according to the US Energy Information Administration.

hte has been selected by Bechtel for processing refinery waxes to make white petroleum waxes.

AMETEK Land has announced that it has enhanced its flare stack monitoring thermal imaging solution.

PKN Orlen is shifting focus to building clean energy sources rather than oil refining.

Pilipinas Shell has opened another import facility in Subic to strengthen its supply chain to the northern parts of the Philippines.

TechnipFMC has an EPC contract with Assiut National Oil Processing Co. (ANOPC) for the construction of a new hydrocracking complex for the Assiut refinery in Egypt.

The Naantali refinery is due to close by the end of March 2021.

As global oil demand weakens, planned refinery additions will far exceed closures towards 2025, reports Rystad Energy.

Aspen DMC3 software will be used to accelerate digitalisation at Hengli's integrated refining and chemical plant in Dalian, China.

The American Petroleum Institute (API) and North America’s Building Trades Unions have urged the Senate to act on the National Apprenticeship Act, which was recently passed by the House.

KT – Kinetics Technology S.p.A. will engineer three large-scale coking furnaces for a new oil refinery in Mexico.