Refining

Lummus Technology has been awarded a contract from LUKOIL Permnefteorgsintez for a new integrated MTBE and alkylation plant at its refinery in Perm, Russia.

Indaba Renewable Fuels will build two greenfield refineries in the US to produce sustainable aviation fuel (SAF) utilising Topsoe’s technology.

Honeywell has been selected by Repsol to supply an integrated control and safety system (ICSS) for the first advanced biofuels production plant to be built in Spain.

Persistent withdrawals from global oil inventories have led to increases in crude oil prices, but the EIA forecasts that global oil markets will begin to balance through 2023, leading to a drop in prices.

LUKOIL-Permnefteorgsintez will use a range of Honeywell UOP process technologies at its refinery to convert low value vacuum gasoil into high value products such as gasoline and propylene.

TechnipFMC plc has announced the sale of 9 million Technip Energies N.V. shares through private sale transactions.

Lanaz will use Honeywell UOP modular naphtha hydrotreating and fixed-bed platforming process units to produce cleaner-burning fuels at its refinery in Iraq.

The Endress+Hauser subsidiaries SpectraSensors Inc. and Kaiser Optical Systems Inc. have joined forces to form a new company: Endress+Hauser Optical Analysis Inc.

The EIA reports that crude oil prices increased in 2021 as global crude oil demand outpaced supply.

A recent study from Flow Research finds that flowmeters will be vital for oil and gas industry measurement as the industry rebounds.

XL Global Group recently worked with Fabri Consulting Engineers to build a containerised gas oil marker additive unit for its client.

The international private equity consortium completed its transaction to purchase the Clean Technologies business of DuPont de Nemours Inc. on 31 December 2021.

The US average regular gasoline retail price decreased by US$0.02 to US$3.28/gal. on 27 December 2021, US$1.03 higher than in 2020.

Robot renting is expected to revolutionise the way oil & gas companies approach robotics, according to GlobalData.

Specialty Welding and Turnarounds LLC (SWAT) has announced the acquisition of Midwest Cooling Tower Services (MWCTS or Midwest) from Dorilton Capital.