Refining

NextDecade has agreed to sell series B convertible preferred stock to funds managed by BlackRock.

Total has signed agreements to sell its stake in the Hazira terminal and provide LNG to Shell for five years.

LSP has awarded a contract to TechnipFMC for the construction of Vietnam's first olefins plant.

Valiant Midstream announces its agreement with Antioch Energy to gather and process natural gas in Oklahoma.

Tube Tech International has partnered with ParFab Companies to combine their services to a shared customer base.

Meridian Energy Group Inc. has signed a lease for a Houston, Texas, US property from which to manage the development of the Davis Refinery in North Dakota.

Reuters reports that the Malaysian state energy firm is seeking acquisitions in a bid to expand its specialty chemical business.

LyondellBasell has formed a new Advanced Polymer Solutions business segment.

KBC and OLI Systems will integrate their thermodynamics and physical properties software within the Petro-SIM platform.

A wave of private investment in new integrated plants is set to reduce China's reliance on regional paraxylene imports.

Figures released by the US Energy Information Administration show that in April 2018 crude oil exports from Houston-Galveston, Texas, US, exceeded imports by 15 000 bpd.

The three companies will work together to study the feasibility and sustainability of transforming liquefied waste plastic into refinery raw material.

The transaction adds to Topsoe’s portfolio of catalyst and proprietary technologies for the chemical and refining industries.

A report from ESAI Energy suggests that Russia’s oil tax reform will cause an adjustment in investment plans for refineries.

Vietnam’s Ministry of Industry and Trade released a statement on Monday saying it will respond to a request from the Nghi Son oil refinery to export fuels such as gasoline and diesel “soon”.