Refining

GlobalData has reported that Asia is expected to lead global refinery crude distillation unit new-build capacity additions until 2024.

Gazprom Neft has announced plans to increase production of IMO 2020-compliant low-sulfur marine fuels.

Targeting reliability and efficiency, Topsoe has announced a new series of steam reforming catalysts.

Exxon Mobil Corp.’s board of directors has elected Stephen Littleton as Vice President of Investor Relations and Corporate Secretary.

GlobalData has reported that Asia is expected to contribute 40% of new-build refinery capacity growth by 2024.

Adler and Allan has announced that it has won the VINCI APPA award for innovation for introducing a new interceptor lining process to the Shell Group.

KBR and MHPS have agreed to work together to use pitch from the solvent de-asphalting process for steam and power generation.

Lukoil has announced its updated range of cold-weather lubricants suited for Arctic conditions.

BP has outlined fundamental changes to its organisation as it aims for net zero by 2050.

Svante has announced that Chevron Technology Ventures has commissioned it for a pre-FEED study to explore carbon capture technology.

In light of the coronavirus epidemic, the Minister of Energy of Algeria and President of the OPEC Conference in 2020 has recommended extending voluntary production adjustments.

Reuters reports that Hengli Petrochemical has cut its refinery operations to 90% in light of falling demand.

Saudi Aramco Energy Ventures (SAEV), the corporate venture subsidiary of Saudi Aramco, leads the latest expansion round of funding.

The new digital platform mýa provides asset owners with a single, secure interface to data from multiple equipment manufacturers.

BP has announced that the Chief Executive of its Downstream segment, Tufan Erginbilgic, has decided to leave the company at the end of March 2020.