Refining

The transaction is expected to close in 2Q21 subject to customary closing conditions and regulatory approvals.

The project consists of a supplying a replacement burner for a single burner process heater incorporating the ClearSign Core NOX reduction technology.

The scope of the first contract entails the installation of an FCC gasoline hydrotreating unit, while the other contract refers to the installation of an LPG mercaptan oxidation unit and an amine treatment and LPG pretreatment unit.

Projected to start up in 2025, Numaligarh Refinery's plant in Assam, India, will employ Chevron Lummus Global's LC-FINING technology with an integrated VGO hydrotreater to upgrade vacuum residue and clarified oil from existing and new units.

The production facility includes a de-asphalting unit and a fractionation unit for unconverted oil.

For 4Q20, BP reported a profit of US$115 million.

Hengyi Industries Sdn. Bhd., has selected Univation Technologies’ UNIPOL PE Process for its world-scale 600 000 tpy polyethylene plant to be located in Palau Muara Besar, Brunei.

The refinery is capable of processing over 200 000 bpd of crude oil and other feedstocks and will help transition the maritime fuel sector towards new international standards.

Chevron has announced an US$11 million 4Q20 loss.

Wood Mackenzie outlines three themes impacting oil markets and refining in 2021.

The EIA expects gasoline and diesel prices to increase as US economy recovers.

Baker Hughes will support Petrobras’ refineries, gas treatment units, and production plants with its technologies.

API has issued a statement on the Biden administration’s energy and climate executive orders.

The measures aim to increase the site’s ethylene and propylene production capacity.

The AFPM has released a statement addressing President Biden’s intention to rescind the permit for the Keystone XL pipeline.