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Positive Environmental Assessment Report for Velocys' Planned Biorefinery

USA: Biofuels

Positive Environmental Assessment Report for Velocys' Planned Biorefinery

08/13/2018 - Velocys announced that the US Department of Agriculture (USDA) has issued a Finding of No Significant Impact (Fonsi) on the environmental assessment report for Velocys’ planned Bayou Fuels biorefinery in Natchez, Mississippi. read...

Saudi Aramco, Air Products, and Acwa to Create 8 Billion Dollar plus JV

Saudi Arabia: Business Expansion

Saudi Aramco, Air Products, and Acwa to Create 8 Billion Dollar plus JV

08/13/2018 - The PPP mega gasification/power JV project is expected to produce power, hydrogen and other utilities for Saudi Aramco. The project is in line with the Kingdom’s Saudi Vision 2030 and is scheduled to commence in 2019. read...

Adnoc Aims to Improve Business Relations with Japan

UAE/Japan: Energy Prospects

Adnoc Aims to Improve Business Relations with Japan

08/10/2018 - The Arabian firm has plans to focus on the increasing energy needs of Asian economies and at the same time aims to attract new investment opportunities in its Upstream and Downstream operations. read...

Eni Gets Approval for Offshore Exploration License in Mediterranean Sea

Egypt: Oil & Gas

Eni Gets Approval for Offshore Exploration License in Mediterranean Sea

08/16/2018 - The exploration license is named ‘Nour’ and with this project the firm is expecting to strengthen its position in Egypt. The company intends to commence drilling of the exploration well in the second half of 2018. read...

Petrofac Bags 370 Million Dollar Contract from Basra Oil Company

Iraq: EPC

Petrofac Bags 370 Million Dollar Contract from Basra Oil Company

08/16/2018 - The project involves the expansion of the Central Processing Facility in the Majnoon Field and work is expected to be complete in a time frame of 34 months. read...

Articles

To the Last Drop – How Pumps Can Become Efficiency–Enablers for Tank Farms

Screw Pumps/Tank Storage

To the Last Drop – How Pumps Can Become Efficiency–Enablers for Tank Farms

05/29/2018 - How screw pumps strip out even highly viscous media – When emptying an oil or fuel tank (a process refferd to as stripping), quite often residual product of the highly viscous media is left behind. But does it have to be that way? Pumps with excellent intake at low NPSHr values can in fact completely empty tanks – even of crude oil and bitumen. And one technology in particular outperforms the rest... read...

NEWS

Haldor Topsoe to Fully Acquire Ferrostaal Topsoe Projects

Denmark: Acquisition

Haldor Topsoe to Fully Acquire Ferrostaal Topsoe Projects

Danish catalyst specialist Haldor Topsoe announced that it was going to acquire full ownership of German Ferrostaal Topsoe Projects GmbH. The acquisition adds project planning and development know-how to the company's portfolio of high-performance catalyst and proprietory technologies for the chemical and refining industries. read...

Toyo Wins Contract for Naphta Cracking Furnaces Project

Japan: Naphta Cracker

Toyo Wins Contract for Naphta Cracking Furnaces Project

Toyo Engineering Corporation was awarded an expansion of naphtha cracking furnaces project from Maruzen Petrochemical, which is intended to increase ethylene production at its Chiba plant. read...

Moda Midstream Acquires Ingleside Terminal from Occidental

USA: Export Terminal

Moda Midstream Acquires Ingleside Terminal from Occidental

Liquids terminaling and logistics provider Moda Midstream has entered into a definitive agreement to acquire the Oxy Ingleside Energy Center and certain crude oil and LPG infrastructure from Occidental Petroleum Corporation. read...

Technip Awarded Contract for Grassroot Hydrogen Generation Unit by Hindustan Petroleum

India: Brownfield Expansion

Technip Awarded Contract for Grassroot Hydrogen Generation Unit by Hindustan Petroleum

Technip FMC has been awarded a contract by the state-owned Hindustan Petroleum Corporation (HPCL) for a grassroot Hydrogen Generation Unit (HGU). The undisclosed value of the contract ranges between $ 250 and 500 million. read...

Celanese and Chengzhi Sign LOI for Ethanol Production Unit

China: Acetic Acid

Celanese and Chengzhi Sign LOI for Ethanol Production Unit

Celanese has signed a Letter of Intent (LOI) with Chengzhi to further the development of acetic acid-based ethanol as a clean energy source in China. read...

BGP Wins Adnoc Contracts for World’s Largest Seismic Survey

UAE: Oil & Gas

BGP Wins Adnoc Contracts for World’s Largest Seismic Survey

In line with the country’s 2030 smart growth strategy, contracts worth 1.6 billion dollars have been assigned to realise the full potential of Abu Dhabi’s conventional and unconventional oil and gas resources. read...

Praxair to Supply Oxygen for US Methanol's Facility in West Virginia

USA: Oxygen Supply

Praxair to Supply Oxygen for US Methanol's Facility in West Virginia

Praxair has signed a long-term agreement to supply oxygen to US Methanol LLC’s new facility in Institute, West Virginia. The customer’s facility will produce methanol for use in the production of plastics, varnishes, medicines, adhesives and textiles. read...

Saudi Aramco and Kotra Enter into MOU to Enhance Partnership

Saudi Arabia: Business Collaboration

Saudi Aramco and Kotra Enter into MOU to Enhance Partnership

Under the agreement and in line with the Saudi Vision 2030, both the parties will work together in the areas of trade, investment, and human resource development for mutual growth. read...

Kurary, GC, and Sumitomo Establish JV for Advanced Materials Production

Thailand: Production of PA9T and HSBC

Kurary, GC, and Sumitomo Establish JV for Advanced Materials Production

Kuraray, PTT Global Chemical, and Sumitomo, on July 11, 2018, held an opening ceremony for a joint venture company, Kuraray GC Advanced Materials in Thailand. read...

Praxair and Marathon Sign Contract for Hydrogen Supply to Galveston Bay Refinery

USA: Hydrogen Supply

Praxair and Marathon Sign Contract for Hydrogen Supply to Galveston Bay Refinery

Praxair announced that it has renewed and expanded a long-term contract to supply hydrogen to Marathon Petroleum Corporation’s Galveston Bay Refinery in Texas City, Texas. read...

Total Partners with Tata to Create Digital Innovation Center in India

France/India: Digitalization Strategy

Total Partners with Tata to Create Digital Innovation Center in India

Total and Tata Consultancy Services (TCS) have signed a partnership agreement to create a digital innovation center in India. Based in Pune in the State of Maharashtra, the center is intended to explore disruptive technologies and solutions. read...

Technip FMC to Supply Subsea Services for Petrobras

Brazil: Offshore Technology

Technip FMC to Supply Subsea Services for Petrobras

Technip FMC has been awarded by Petrobras a 3-year master services agreement in Brazil, with a 2-year renewal option. This contract for subsea services covers components for both the subsea equipment and flexible pipelines. read...

Adnoc Keen to Expand Business Relations with Chinese Energy Leaders

China: Upstream and Downstream Investment

Adnoc Keen to Expand Business Relations with Chinese Energy Leaders

Adnoc’s chief His Excellency Dr. Sultan Ahmed Al Jaber discussed with numerous industry majors the company’s plan to triple its petrochemicals production to 14.4 million tonnes per annum by 2025. read...