Freepoint Commodities and Rigby Refining have signed definitive contracts to form a joint venture to develop processing plants around the world to help meet the growing demand for International Marine Organization 2020-compliant marine fuel.
The Trump administration announced on Oct. 4 that it will take steps to increase the amount of ethanol required in 2020 to meet quotas under the 2007 Renewable Fuel Standard (RFS).
PJSC Gazprom and PJSC Sibur Holding have signed two roadmaps for cooperation for implementing major investment projects in gas processing and gas chemistry.
Husky Energy Inc. has agreed to sell its 12,000-b/d refinery in Prince George, BC, to Tidewater Midstream & Infrastructure Ltd. for $215 million (Can.) in cash plus a closing adjustment for inventory.
Duqm Refinery & Petrochemical Industries has let a contract to Galfar Engineering & Contracting, through a contractor, for work on DRPIC’s 230,000-b/d refinery and petrochemical complex to be built in the Duqm Special Economic Zone in Duqm, Oman.
Husky Energy Inc. has received required permit approvals to begin reconstruction of its 47,500-b/cd refinery in Superior, Wis., after a fire that broke out at the site on Apr. 26, 2018.
Limetree Bay Ventures is bringing its single-point mooring buoy into service in October and will proceed by yearend with the restart of the idled and former Hovensa 500,000-b/d refinery at Limetree Bay on St. Croix, USVI.
LyondellBasell Industries NV and Enterprise Products Partners LP have executed long-term contracts that will support construction of a second propane dehydrogenation (PDH) plant at Enterprise’s complex in the Mont Belvieu, Tex., area.
ExxonMobil is launching a £140-million investment program over the next 2 years at its 800,000-tonne/year ethylene plant in Fife, Scotland, to upgrade key systems and introduce technologies that will improve operational reliability and performance.
Nigerian National Petroleum Corp. is moving forward with the long-planned modernization of Nigeria’s state-run refineries in a program that will optimize processing capacities at the sites by 2022.
Sibur-Neftekhim, a unit of Sibur Holding, has let a contract to Sulzer Chemtech’s Sulzer GTC technology to license technology for modernization of a benzene production complex at Sibur Kstovo's olefins production plant near Nizhniy Novgorod, Russia.
India’s Bharat Petroleum has let a contract to Chevron Lummus Global—a partnership of Chevron USA and McDermott International—to provide process technology and design for a hydrocracker and lubricant oil base stock unit at its 241,000-b/d Mumbai refinery.
Saudi Aramco has completed a deal to acquire Shell’s share of the partners’ 50-50 joint venture Saudi Aramco Shell Refinery Co., which operates the 305,000-b/d refinery at Jubail, Saudi Arabia.
