GlobalData: Downstream M&As down in 2H17
According to a GlobalData report, merger and acquisition deals in the downstream sector totalled $21.1 billion in 2H17, down from $26.2 billion in 1H17.
According to a GlobalData report, merger and acquisition deals in the downstream sector totalled $21.1 billion in 2H17, down from $26.2 billion in 1H17.
Pemex is seeking bids for the rehabilitation of the H-Oil plant in the Miguel Hidalgo Refinery.
Seven firms have submitted bids to buy a majority stake in Zambia's Indeni Petroleum Refinery.
TechnipFMC has confirmed that a hydrogen plant utilising its technology is now in full operation.
The EPA has proposed amendments to the Petroleum Refinery Sector Risk and Technology Review and the New Source Performance Standards (NSPS).
Petrofac will undertake an engineering, procurement and construction project for Hindustan Petroleum Corp. Ltd's sulfur recovery unit in Visakhapatnam.
Analysis of planned refinery FCC unit capacity suggests that the Ratnagiri refinery in India has the highest planned FCC capacity globally.
The new terminal is set to increase Oman’s storage capacity for refined products by 70%.
Kuwait Petroleum Corp. has selected Jacobs to conduct a pre-feasibility study for the expansion of local refining capacity.
Congressman Will Hurd is set to visit MMEX Resources’ Pecos County Refinery Site.
If completed the expansion could increase polypropylene manufacturing capacity at the new facility by up to 450 000 tpy.
The acquisition was ratified by the Federal Trade Commission, which gave early termination of the waiting period stipulated by US antitrust legislation.
The IEA has reported that global energy demand climbed 2.1% last year.
The 700 000 tpy unit failed to restart as normal on Monday, following an unexpected idling due to minor glitches early that day.
The Indian newspaper The Economic Times is reporting that the state-owned Saudi oil giant is aiming to purchase a majority stake in a proposed refinery and petrochemical complex in the western Indian state of Maharashtra.