Refining
Haldor Topsøe signs contracts with YPF Argentina
YPF Argentina and Haldor Topsøe have signed two contracts for the production of hydrogen and ultra-low-sulfur diesel (ULSD) at the Lujan de Cuyo refinery in Mendoza Province, Argentina.
Financing secured for new Egyptian refinery
The Egyptian Refining Co. (ERC) has signed a debt package of $2.6 billion to finance construction of its $3.7 billion second-stage oil refinery in the greater Cairo area of Egypt.
Solazyme raises over $50 million
Solazyme, Inc. has raised $52 million in its Series D financing round. Solazyme uses microbial fermentation to produce renewable oil that can be used for clean and scalable fuels, chemicals, nutritional food ingredients and health and wellness products.
Gevo purchases ethanol facility in Minnesota
Gevo has signed definitive agreements to acquire Agri-Energy’s ethanol production facility in Luverne, Minnesota.
Western Refining halts activity at Yorktown refinery
Western Refining is suspending refining operations at its Yorktown refinery due to the poor outlook for East Coast refining margins.
Frontier puts positive spin on Cheyenne refinery fire
The late July fire at Frontier Oil’s Cheyenne refinery has been problematic for the company, but its leadership does not see the incident as having a long term effect on Frontier’s overall bottom line.
Possible CNPC and Sinopec turf battle on China’s east coast
Xinhua News is reporting that Petrochina will provide crude oil for the Shandong Dongming Petrochemical oil refinery in Shandong Province, China.
Shell and Delek can’t get it done in Canada
Canada Products (Shell) and Delek US Holdings, Inc. have agreed to end negotiations regarding a potential sale of the Shell Montreal East refinery.
Flowserve green lit for Saudi Aramco’s Yanbu' project
Flowserve Corp. has received final approval from Saudi Aramco on a master purchase agreement to supply pumps, valves and services for the Yanbu' export refinery project (YERP).
Firm selected to provide a biomass pretreatment reactor system for US DOE
AdvanceBio Systems LLC, has a contract with the US Department of Energy's National Renewable Energy Laboratory in Golden, Colorado, to provide a biomass pretreatment reactor system for its integrated biorefinery research facility.
- Eastern Mediterranean petrochemical cluster developed by Rönesans attracts over $3 billion in investment 7/24
- Energia Costa Azul, Mexico’s second LNG terminal, ships first cargo 7/24
- Indorama Ventures advances circular economy "Zero Waste-to-Landfill" initiative 7/24
- Honeywell Technologies raises 2026 profit forecast in first post-split earnings 7/24
- Chemicals maker Dow beats second-quarter profit estimates 7/24
- Vietnam's Nghi Son refinery secures crude oil to operate through end-September 7/24
