The companies have entered into definitive agreements to partner in a 50-50 JV, St. Bernard Renewables LLC, for a biorefinery co-located with PBF Energy's Chalmette refinery in Louisiana, US.
Flowserve, a provider of flow control products and services for the global infrastructure markets, and Velan, a manufacturer of industrial valves, have entered into a definitive agreement under which Flowserve will acquire Velan.
The EIA forecasts that US refinery utilisation will remain similar to 2022, at above 90% over the next two years, as the industry returns to more typical rates after low refinery utilisation in 2020 and 2021.
WSG has extended its reach into the European gas and petrochemicals sector with the acquisition of Nitrovia for an undisclosed sum.
API's Executive Vice President and Chief Advocacy Officer, Amanda Eversole, has sent a letter emphasising API’s commitment to common-sense energy policymaking.
As a result of the shutdown of Suncor's 103 000 bpd oil refinery in Commerce City, Colorado, US, supply of diesel and gasoline has been disrupted, and prices have risen.
Shell Catalysts & Technologies' global price increase of its refining and chemical catalyst products lines comes as a result of unprecedented global economic challenges.
AFPM President and CEO has issued a statement in response to President Biden’s State of the Union address and his specific remarks on US refinery earnings and investments.
LYTT and AWS have collaborated to enrich and scale LYTT’s sensor fusion insights platform using AWS’ cloud infrastructure, in order to support the energy sector and water utilities.
AspenTech has combined its AIoT Hub with inmation Software to create an expanded business unit, AspenTech DataWorks, which provides customers with a singular solution to access and manage industrial data.
Veritas Capital, an investor at the intersection of technology and government, has announced that an affiliate of Veritas has completed the purchase of Wood Mackenzie from Verisk.
AFPM President and CEO Chet Thompson recently submitted comments to leaders of the US House Transportation & Infrastructure Committee after the Committee’s inaugural hearing on the state of US transportation infrastructure and supply chains failed to include customer perspectives.
Vertex Energy has announced the sale of its Heartland used motor oil collections and refining business to a wholly owned subsidiary of GFL Environmental Inc.
IMI Saudi Industry's Damman facility has signed its first corporate procurement agreement with Aramco, for the order of severe service valves.
Less refinery activity in China resulted from mobility restrictions related to COVID-19, and low petroleum product export quotas.