Oil refinery news
Operational excellence mindset required in the downstream industry
A recent survey from KBC suggests that just 25% of companies in the refining and petrochemical industry are leading the way in implementing an operational excellence programme.
Microsoft and Chevron team up
Chevron Corp. has signed a deal to make Microsoft its primary cloud provider.
CB&I awarded ethylene plant contract
CB&I has been selected for the license and basic engineering of a mixed feeds ethylene plant for the Guru Gobind Singh refinery.
FCC units drive profits, says Grace
Grace will provide an overview on how refineries can increase the profitability of fluid catalytic cracking operations by maximising the production of propylene.
ExxonMobil reports rise in 3Q earnings
The results have been attributed to improved commodity prices and strengthened performance in the upstream and downstream sectors.
NIS starts construction of DCC at Pancevo Refinery
Naftna Industrija Srbije has started construction of a new deep conversion complex at its Pancevo Refinery in Serbia.
Aramco Overseas Co. acquires stake in terminal
Aramco Overseas Company B.V. has entered into an arrangement to acquire Gunvor’s stake in a terminal in Rotterdam.
New R&D laboratory to open in 2018
SUEZ has broken ground on a new laboratory in Texas for R&D in the oil and gas industry.
CLG starts vacuum residue upgrading plant
Chevron Lummus Global starts-up a vacuum residue upgrading plant using its VRDS technology at the Huizhou Refinery.
Transneft and Sonatrach sign Memorandum on Cooperation
The agreement covers exploration, production, transportation, refining and sales of hydrocarbons.