Refining
Gas leak at chemical firm Ineos contained at Scotland's Grangemouth
EDINBURGH (Reuters) -- A gas leak inside chemical firm Ineos' Grangemouth site in Scotland was successfully contained on Tuesday after emergency services rushed to the scene, police said.
Alfa Laval to supply heat exchangers to China refinery
LUND, Sweden -- Alfa Laval has won an order to supply compact heat exchangers to a refinery in China. The order has a value of approximately SEK 210 MM. It is booked in the Welded Heat Exchangers unit of the Energy Division, with deliveries scheduled for 2018.
Big short position on biofuels generated profit for Icahn's refiner
NEW YORK (Reuters) -- Carl Icahn's big bet on falling prices for biofuels credits generated a rare profit in that area last quarter for the billionaire investor's refining company CVR Energy, according to public filings.
India cuts oil import plans from Iran by a quarter over gas field row
NEW DELHI (Reuters) -- India plans to order about a quarter less Iranian crude oil than it bought last year, people familiar with the matter said, as state refiners cut term purchase deals over a row between New Delhi and Tehran on development of a natural gas field.
Vitol to acquire Rotterdam splitter from Koch Supply & Trading
LONDON (Reuters) -- Commodities trader Vitol has agreed to buy an 85,000-bpd condensate splitter in the Netherlands from Koch Supply and Trading, a subsidiary of US conglomerate Koch Industries, Vitol said in a statement on Tuesday.
Equipment critical analysis: The need for an effective maintenance program
Oil refineries and large petrochemical plants contain thousands of pieces of process and utilities equipment that are subject to wear, erosion, deterioration, aging, etc., resulting in increasing breakdowns and outages. Imagine being a maintenance engineer and receiving 50 work orders during an overhaul with a limited budget, time, labor, spare parts, tools, machines, etc. How does that engineer prioritize the work?
HP announces launch of IRPC Europe, WGLC Europe, and HP Awards in Vienna
Three co-located events allow for ease of networking and attendance in one of Europe’s most renowned cultural and artistic centers.
Engineering Case Histories: Case 96: Career paths—technical and management
I have spent most of my career in the mechanical engineering technical area because that is what I do best. I was a manager of advanced engineering for many years, but then realized that it was not my calling.
Global: The future growth of Argentina’s oil and gas industry hinges on additional investments
Attracting new investments is vital to revive the Argentine oil industry. It is essential to involve multinationals, due to the lack of financial resources of the Argentinian government. The modernization of the country’s downstream infrastructure is crucial to improve productivity, and the nation will need international support to obtain profitable results.
Industry Metrics
A lack of gasoline export opportunities amid increasing inflows of middle distillates impacted the European market. Stronger US domestic gasoline demand and falling inventories ahead of the transition to summer-grade quality supported refinery margins. The Asia market was impacted by a stronger domestic gasoline demand amid an upcoming switch to summer grades.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
