Refining

Bently Nevada, a Baker Hughes business, and Saudi Basic Industries Corp. (SABIC) have announced a strategic framework alliance agreement for the supply of asset performance management services.

A second production facility for Kevilon in Knoxville, Tennessee, US, has been launched.

The EIA reports that US energy trade has lowered the overall 2020 US.trade deficit for the first time on record.

Standard Industries Holdings Inc. has announced the completion of its acquisition of W. R. Grace & Co. for US$70/share in cash.

Shell Enterprises LLC, a subsidiary of Royal Dutch Shell plc, has reached an agreement for the sale of its Permian business to ConocoPhillips, a leading shales developer in the basin.

MEGlobal has entered into an agreement with Calpine Energy Solutions for 100% renewable energy at MEGlobal's Oyster Creek petrochemical site in Texas, US, beginning in 2023.

Eni and Chevron Lummus Global have announced a joint cooperation and licensing agreement for a suite of residue hydrocracking technologies.

SCA and St1 have entered a joint venture to produce and sell liquid biofuels.

EIA outlines how Hurricane Ida disrupted crude oil production and refining activity.

Worley has been informed by Jacobs Engineering Group Inc. that it had entered into a block trade agreement with Citigroup Global Markets Australia Pty Ltd to sell all Jacobs’ shares in Worley via an underwritten block trade.

TotalEnergies and Air Liquide are joining forces to decarbonise hydrogen production at TotalEnergies’ Normandy platform in France.

Eni and Aeroporti di Roma (ADR) have signed a strategic agreement to promote decarbonisation initiatives in the aviation sector and accelerate the ecological transition of airports.

bp and Brightmark have signed an MOU to jointly evaluate opportunities for development of the next generation of plastic waste renewal plants in Germany, the Netherlands, and Belgium.

Kinder Morgan is partnering with Neste to create a premier domestic raw material storage and logistics hub in the US, supporting increased production of renewable diesel, sustainable aviation fuel and renewable feedstock for polymers and chemicals.

Chevron has joined a hydrogen joint venture with Magnum Development and Mitsubishi Power to produce, store and transport green hydrogen at utility scale for power generation, transportation and industrial applications in the western US.