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Refining

GTC Vorro Technology acquired by MBT Technology

GTC Vorro Technology, a provider of environmental services and process technologies to oil and gas, refining, petrochemical and chemical companies, has been acquired by US-based MBT Technology.

 
 
 
 
 
 
 
 

AFPM: why have diesel prices jumped significantly?

In a recent blog post, the AFPM listed four main drivers behind the rise in diesel prices: the cost of crude oil, global refining capacity losses, the Russia/Ukraine crisis, and inflation.

 
 
 
 
 

Sulzer to wind down its two entities in Poland

Sulzer has been forced to wind down its two entities in Poland following a decision on an interpretation of the Polish sanction regulations, which were recently unilaterally introduced by the country.

 

AspenTech completes Emerson transaction

Emerson has contributed US$6 billion to AspenTech in exchange for a 55% stake in the company, and the companies have entered into an enhanced commercial partnership that will enable AspenTech to enter new and existing markets.