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The US Energy Information Administration expects the US – a net exporter of petroleum in 2020 – to return to being a net petroleum importer on an annual basis in both 2021 and 2022.
Under the initiative, API member companies will commit to applying safety standards, implementing workforce training programmes and participating in performance-improving efforts.
Axens has been selected by NRL to license a naphtha hydrotreating unit, a continuous catalytic reforming unit, a C5-C6 isomerisation unit, and a FCC gasoline selective desulfurisation unit.
Chart Industries has announced the acquisition of Cryogenic Gas Technologies, Inc. for US$55 million in cash.
The plant in Saudi Arabia uses the Shell OMEGA process, which is based on the catalytic conversion of both ethylene to ethylene oxide and ethylene oxide to ethylene glycol.
Unusually harsh weather for the US southern states has knocked out more than 3 million bpd of refining capacity in the US Gulf, according to Reuters calculations.
Fulcrum BioEnergy and Essar have announced plans for a waste-to-fuel plant in the North West of England, with Stanlow Terminals Ltd providing product storage and logistics solutions for the project.
A grassroots refinery with 9 million tpy capacity is to be set up at Nagapattinam by a joint venture between IndianOil and Chennai Petroleum Corp. Ltd.
Subject to a final investment decision, upon operation the biorefinery will produce 200 000 tpy of renewable diesel from advanced bio-feedstocks.
Javelina is a treating and fractionation plant that extracts olefins, hydrogen, and NGLs from the gas streams produced by local refineries.
TechnipFMC has split into two independent companies: TechnipFMC and Technip Energies.
As much as 743 000 bpd of oil-processing capacity has been idled, nearly 22% of Japan’s roughly 3.4 million bpd capacity.