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Refining

EIA forecasts decline in crude oil prices

The EIA forecasts that rising production from OPEC+ countries and the US will lead to global liquid fuels inventories increasing and crude oil prices falling in 2022.

 
 
 
 
 

Big West Oil selects Honeywell UOP technology

Big West Oil has selected Honeywell UOP’s ISOALKY technology to produce high-quality alkylate used to make clean-burning motor fuels at its Salt Lake City refinery.

 
 
 
 
 

EnerMech forms strategic alliance with OTS

EnerMech has formed a strategic alliance with Offshore Technical Services Ltd (OTS) to further support the execution of its large capital projects around the globe.

 

KP Engineering to collaborate with OMNI Conversion Technologies Inc.

KP Engineering, LP has entered into a mutual collaboration agreement with OMNI Conversion Technologies Inc. to supply equipment and technology to produce hydrogen from waste with a negative carbon footprint at less than half the cost of electrolysis.

 
 

Maire Tecnimont and Rosneft sign agreement of intent

Maire Tecnimont S.p.A. has signed an agreement of intent with Rosneft for the implementation of a project related to the construction of the VGO Hydrocracking Complex at at Ryazan Refining Co.’s (RORC) production site.

 

Petrofac awarded Lithuanian refinery EPC project

Petrofac has been awarded an engineering, procurement and construction contract valued at approximately €550 million from PC ORLEN Lietuva at its Mažeikiai Refinery in North-West Lithuania.