Americas
Chevron lifts downstream results as margins rise
Downstream earnings in the third quarter improved in both the US and internationally for Chevron, with overall profit from refining oil into fuels jumping 59% to $2.2 billion.
Wabash River coal-gasification project celebrates 20 years of operations
The Wabash River IGCC project repowered an aging pulverized coal power plant with the installation of a gasification facility and new combined cycle, 262-megawatt power plant—demonstrating world class, low-level emissions for coal-fired power generation.
Comet spews ethyl alcohol in space for first time
The discovery marks the first time that ethyl alcohol, the same type in alcoholic beverages, has been observed in a comet, according to a CNN report.
Gastech ’15: ExxonMobil sees future LNG demand justifying new projects
Rob Franklin, president of ExxonMobil Gas & Power Marketing Co., joined us for a Q&A to explain his view that the industry must find ways to satisfy strong LNG demand, even during low commodity prices.
ICL Brasil selects new Honeywell process controls for chemical plant upgrade
ICL Brasil will use the Experion Orion Console as well as Honeywell’s Universal I/O technology to modernize its production facility in Cajati, near Sao Paulo. The upgrades are meant to increase production, improve efficiency and improve the effectiveness of the plant operators.
Air Products to build new Texas methane reformer for downstream users
The new steam methane reformer (SMR) will produce hydrogen and carbon monoxide (CO) to be supplied to customers from Air Products' US Gulf Coast hydrogen and CO pipeline networks.
Dow Chemical to reduce role in Kuwait JVs, plans new US Gulf MEG plant
MEGlobal will build a new MEG plant on the US Gulf Coast -- enabling MEGlobal and its parent companies to enjoy growth and drive significant expansion of MEGlobal’s geographic footprint.
US monthly chemical output edges down: ACC
Over the same period, chemical production by segment was mixed. There were gains in the output of organic chemicals, consumer products, and inorganics (especially chlor-alkali).
Emerson unveils new system to monitor corrosion
The Roxar Corrosion Monitoring system, consisting of wireless-based probes, will provide refineries with flexible, responsive, integrated and accurate corrosion monitoring, according to project officials.
Kinder Morgan to acquire 15 refined product terminals in US from BP
The terminals, with 9.5 million bbl of storage, are pipeline-connected to key refining and processing centers across the US and offer extensive truck, vessel, and barge access and terminal services.
- India's Reliance gets one-month US concession to buy Rosneft oil 12/24
- SOCAR signs deal to buy Gama Enerji gas plant in Turkey for $225 MM 12/24
- Japan's Eneos leads bids for Chevron’s Singapore oil refinery stake 12/24
- Larsen & Toubro awarded EPCC contract for BPCL's polyethylene plant 12/24
- Maire's Nextchem to acquire technology licensor and engineering company Ballestra 12/24
- bp agrees to sell a 65% shareholding in Castrol to Stonepeak at an enterprise value of $10 billion 12/24
