Middle East
GE introduces new desalter emulsion breaker chemistry
GE today announced it has introduced the next generation of its Embreak emulsion breakers. Coupling the new chemistry for light and medium density crude oils with the first generation heavy crude oil emulsion breakers, GE now offers a full suite of products that span the entire range of crudes, delivering optimal desalter performance, potentially reducing total costs of operation and increasing environmental benefits.
Nuclear disaster will shift $200 billion investment to fossil and renewables
In the next five years over $3 trillion will be invested in dynamic segments of the power, energy and water industries. However, forecasts regarding the division of this investment made just months ago are now revised to reflect lower investment in new nuclear power plants and higher investment in alternatives.
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.
- Valmet to acquire Severn Group to strengthen Process Performance Solutions segment 12/22
- World’s first dynamic green ammonia plant starts operations in Denmark 12/22
- Baker Hughes to supply liquefaction equipment for Commonwealth LNG export project 12/22
- South Korea petrochemical firms on track to cut up to 3.7 MM tons of output 12/22
- MOL and JERA sign HoAs for the charter of ammonia carriers 12/22
- China's November fuel oil imports up 15% from October 12/22
