Downstream news
Maire Tecnimont and SOCAR sign EPC contracts for refining units in Baku
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.
ANOH Gas Processing Co. raises US$260 million to fund gas processing plant in Nigeria
The 300 million ft3/d capacity ANOH gas processing plant, located on OML 53 in Imo State, is being built by the ANOH Gas Processing Co.
Chevron Lummus Global awarded contract for Assam refinery expansion project
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.
Québec waste to biofuels plant reaches financial close
Investment agreements for Varennes Carbon Recycling have been signed by Proman and its partners, Shell, Suncor, the Government of Québec, and Enerkem.
Lukoil opens high-viscosity index oils production complex at Volgograd refinery
The production facility includes a de-asphalting unit and a fractionation unit for unconverted oil.
BP reports US$5.7 billion loss in 2020
For 4Q20, BP reported a profit of US$115 million.
Hengyi Industries selects Univation technology for polyethylene project in Brunei
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.
Limetree Bay refinery resumes operations
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 reports 4Q20 loss
Chevron has announced an US$11 million 4Q20 loss.
Diamond Green Diesel given go-ahead to begin construction of renewable diesel production facility
The facility will be located at the Port Arthur refinery in Texas, US.