Middle East
China approves Kuwaiti oil refinery joint project
Beijing officials have approved a bid by Kuwait Petroleum Corp. (KPC) to build an oil refinery in cooperation with China Petroleum and Chemical (Sinopec).
Berkshire Hathaway to acquire Lubrizol
Berkshire Hathaway Inc. and The Lubrizol Corp. announced on March 14 a definitive agreement for Berkshire Hathaway to acquire 100% of outstanding Lubrizol shares for $135 per share in an all-cash transaction.
Jacobs receives contract from Jubail Chemical Industrial Co. in Saudi Arabia
Jacobs Engineering Group Inc. has received an award from the Jubail Chemical Industrial Company Ltd. (JANA) to provide technical and project management services for its existing epichlorohydrin plant expansion and a new epichlorohydrin plant at the Jubail, Saudi Arabia site. JANA is a wholly owned subsidiary of NAMA Chemicals (NAMA).
Japan's refining industry partially closed
Chaos continues as bleak news from Japan streams in from devastated areas
Scott Health & Safety is now Scott Safety
Scott Health & Safety, a global leader in innovative personal protective equipment and safety devices, today unveiled its new global brand identity and will immediately begin operating under the name Scott Safety.
Foster Wheeler aiding with design of waste plastics to liquid fuels plant in Ireland
Foster Wheeler AG announced today that its Global Engineering and Construction Group has been awarded a contract by Cynar Plc to provide basic process engineering design services for a 6,000 tpy plant to convert non-recyclable waste plastics into liquid fuels, primarily diesel.
Monster quake wreaks havoc on Japan’s refining industry
An 8.9-magintude earthquake caused catastrophic damage to Japan’s northern Pacific coast on March 10.
Eni unveils strategic plan
Eni today presented the company's 2011-2014 strategic plan to the financial community in London. In the new plan, Eni confirms a high production growth, the consolidation of its leadership in the Italian and European gas markets, and an ambitious cost reduction program aimed at recovering profitability in R&M.
BASF reaches climate protection goal
Last year, BASF reduced specific greenhouse gas emissions by 29% compared with 2002. This means that the company reached its emissions goal pathway for 2020 for the first time.
IHS CERA/World Economic Forum report: Natural gas enters a new era of abundance
Technology is driving a revolution in natural gas supply, but its new abundance also brings market changes.
- Hydrocarbon Processing launches AI platform to accelerate decisions in the downstream sector 7/7
- Digital Feature: The critical interdependency of relief valve analysis and flare system considerations during HAZOP 7/7
- Trafigura to use Babcock's ammonia fuel supply system onboard gas carriers 7/7
- Lotte Chemical Titan secures $3-B ethylene supply deal in Indonesia 7/7
- Diesel East-West price spread nears 1.5-yr high amid supply concerns West, stable East 7/7
- U.S. Gulf Coast fuel oil imports at record low as refiners opt for heavier crude 7/7
