Refining

The new agreement will allow Burckhardt the ability to offer Zahroof Valves Inc. (ZVI) products in the Gulf Cooperation Council (GCC) nations.

The supervisory board of AMG Advanced Metallurgical Group N.V has approved plans to build a new greenfield plant.

The EPC project was awarded by a major refinery customer for a project in New Mexico, US.

The foundation stone has been laid for the new rubber bitumen plant, which will be built in the area of the Zala Refinery in Zalaegerszeg, Hungary.

KBC (A Yokogawa Company) explains how digitalisation is turbo-charging key performance indicator settings.

KBC (A Yokogawa Company) explains how digitalisation is turbo-charging key performance indicator settings.

Voith has announced that its new workshop in Houston has opened and is receiving fresh orders.

GlobalData looks at the difficulties posed to the global refining industry by the imminent IMO 2020 low sulfur regulation.

KBC has released its VM-PA 3.7 software offering a digital method for tracking losses, reducing operating costs.

Ingersoll Rand has completed its acquisition of Precision Flow Systems for US$1.45 billion.

The TASI Group recently acquired Sierra Instruments, its second acquisition in recent months.

EnerMech and Arup’s new service, AIM, aims to digitise the entire workflow of an inspection, reducing risk and costs.

The EIA has revised its price forecast for Brent crude oil upward, reflecting price increases in recent months, more recent data, and changing expectations of global oil markets.

The IEA reports that global energy investment stabilised above US$1.8 trillion in 2018, but security and sustainability concerns are growing.

Grupa LOTOS has announced that its Gdansk refinery has continued to operate at full capacity, relying on deliveries of crude oil by sea and the release of mandatory stocks.