Refining
Marathon lays off 46 employees at Galveston Bay refinery
While the company seeks better efficiencies and cost-saving strategies, no announcements of reductions have been made at Marathon's other six refineries.
France uses strategic oil reserves to counter refinery blockade
Unions protesting against a planned labor reform are picketing refineries around France, and the disruption has led to fuel shortages in large parts of the country.
ExxonMobil shaves its PP resin prices in US
Demand has been solid, but market prices are being impacted by a surge in availability of imported PP.
Exxon shareholder vote could see climate activist join board
Voters at ExxonMobil Corp.'s annual meeting on Wednesday approved a measure to let minority shareholders nominate outsiders for seats on the board, meaning a climate activist could eventually become a director at the world's largest publicly traded oil company.
Egypt's new refinery will cut fuel import bill
Egyptian investment firm Qalaa Holdings is confident its new refinery will cut the country's dependence on crucial oil product imports. The $3.7-B Egyptian Refining Co. will have the capacity to produce 4.2 metric MMtpy of refined products
GlobalData: Methanol capacity set to reach 184.4 MMtpy by 2020
China, Iran and Mozambique to lead expansion, outstripping planned European production.
US, Vietnam firms sign MOU for oil and gas cooperation
The MOU formalizes the deepening relationship between Honeywell and PetroVietnam and further confirms a common vision of developing a cooperative partnership in oil and gas.
French strike impacts output at several refineries
France's Socialist government drew battle lines with one of the country's biggest trade unions over labor market reforms as a strike by oil workers forced at least five refineries to halt or slow down operations.
Shell CEO warns on hasty renewables shift
Major investors, including Dutch pension fund PGGM, have criticized Shell's climate change policy in recent months, saying it should do more to mitigate climate change risks.
CONNECT 2016: Schneider Electric Automation Conference opens in New Orleans
Attendees are connected with the best subject matter experts, the best process automation and safety technologies on the market, and the best sources of real-world experiences.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
