Refining
Mexico announces launch of cap-and-trade pilot program
Mexico will launch a year-long simulation of a cap-and-trade program in November as a test run for a national carbon market expected to launch in 2018.
Icahn urges EPA to change renewable fuel credit market
Billionaire investor Carl Icahn has called on the top US environmental regulator to make changes to a market for renewable fuel credits or else risk "the mother of all short squeezes" that could bankrupt refiners.
Honeywell UOP introduces new hydrotreating catalysts to support cleaner gasoline and diesel
Honeywell UOP is introducing an expanded portfolio of new hydrotreating catalysts used to remove impurities and contaminants from petroleum and other refining feedstocks to produce cleaner-burning gasoline and diesel that meets new global emissions regulations.
US EPA has not completed required review of biofuel mandate
The US Environmental Protection Agency has not complied with federal requirements to study the effects of the nation's biofuel use mandate.
Brazil seizes $655 M in assets from Odebrecht, OAS, executives
Brazil's federal auditing court, ordered the seizure of about $655 M worth of assets from engineering firms Odebrecht SA and OAS SA and some of their executives, to recoup losses from contracts related to the country's biggest ever corruption scandal.
South African fuel strike ends as union signs new pay offer
South Africa's petroleum sector employers and striking workers signed a new two-year wage deal on Wednesday, ending a three-week strike that caused limited supply disruptions.
Flint Hills Resources to construct $20 M fuel terminal expansion
Flint Hills Resources will begin construction on a $20 M expansion of its Waupun, Wisconsin fuel terminal.
Petrofac, Tecnicas Reunidas likely to win Saudi Aramco deals
British oilfield services company Petrofac and Spain's Tecnicas Reunidas are likely to win contracts to build projects for state oil giant Saudi Aramco's Uthmaniyah and Ras Tanura plants.
Canadian oil refinery to re-use 100% of water with GE’s wastewater treatment technology
Federated Co-Operatives Ltd.’s refinery complex in Regina, Saskatchewan, Canada, is installing General Electric’s advanced water recycling technology for a wastewater improvement project that will enable the refinery to clean 100% of its wastewater on-site.
Gunvor secures financing for Rotterdam refinery upgrade
Gunvor secured $200 M in financing for the development and infrastructural upgrade of its refinery in Rotterdam.
- 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
