Economics
Linde Engineering NA expands use of AspenTech software
Linde Engineering North America Inc. has standardized Aspen Technology’s Aspen Capital Cost Estimator technology.
EIA: Narrowing crude oil prices contribute to converging refining profits
Earnings per barrel of crude oil and other inputs processed by refiners that operate mainly in North America were lower in the second quarter of 2016 compared with the same time last year and are now close to per-barrel earnings by refiners operating elsewhere.
China fuel exports cast Q4 pall over global oil products
China's state oil refiners are readying to export more diesel and gasoline in coming months in an already saturated global market.
SK Innovation seeks to expand business cooperation with Sinopec
SK Innovation Co. is seeking to expand into the refining and lubricant sectors in co-operation with China's Sinopec Corp.
EU regulators halt Dow, DuPont merger review to gather data
EU antitrust regulators have halted their scrutiny of Dow Chemical Co and DuPont's proposed merger while the companies provide more information regarding their $130 B deal.
Linde ends merger talks with Praxair
The executive board of Linde AG has decided to terminate the preliminary merger discussions with Praxair.
Enterprise Products Partners withdraws indication of interest in Williams
Enterprise Products Partners LP has withdrawn its indication of interest in The Williams Companies, Inc. regarding the possible combination of Enterprise and Williams.
Air Liquide divests assets to comply with FTC in Airgas integration
Air Liquide has completed the divestiture of certain US assets required by the US Federal Trade Commission in connection with the acquisition of Airgas.
China's Zhejiang Rongsheng eyes doubling refinery capacity in 2020
Chinese conglomerate Zhejiang Rongsheng Holding Group plans to double capacity of a joint venture refining project to 800 Mbpd in 2020.
US refiners revamp operations as renewable fuel costs surge
US oil refiners, beset by the weakest profit margins in six years, have been laying off workers, revamping operations and ratcheting up pressure on regulators and lawmakers to tweak the renewable fuel program, whose costs have ballooned.
- Indonesia allocates 15.65 MM kiloliters of biodiesel for 2026 12/23
- Egypt, Qatar's Al Mana Holding sign $200-MM SAF deal 12/23
- China's teapots boost Russian ESPO buying amid record discounts 12/23
- Bahrain's BAPCO sends first diesel cargo to Australia in 2.5 yrs 12/23
- Asia oil floating storage seen declining on lower exports, China buying 12/23
- Gazprom in talks with Hungary's MOL over NIS stake sale 12/23
