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AFC joins Brahms Oil Refineries to advance Brahms refinery project, Guinea

AFC joins Brahms Oil Refineries to advance Brahms refinery project, Guinea

Brahms refinery project : Africa Finance Corporation (AFC) has signed an agreement with Brahms Oil Refineries, a part of the Switzerland-based Brahms Group, to join a petroleum storage and associated refinery project in Guinea. Located in Kamsar, the project will include a 76,000m3 crude oil storage terminal, a storage terminal with a capacity of 114,200m3 […]

Atlantic Gulf & Pacific invests in LNG vessel developer Kanfer Shipping

Atlantic Gulf & Pacific invests in LNG vessel developer Kanfer Shipping

Atlantic Gulf & Pacific (AG&P), a Singapore-based downstream gas and LNG logistics company, has made an equity investment in LNG vessel developer Kanfer Shipping. Based in Norway, Kanfer Shipping develops small-scale LNG sea transportation, floating storage facilities, maritime break-bulk solutions, and also LNG bunkering. Through their partnership, Kanfer Shipping and Atlantic Gulf & Pacific expect […]

McDermott wins contracts for two ethylene crackers in Russia

McDermott wins contracts for two ethylene crackers in Russia

McDermott International has bagged a technology contract from Baltic Chemical Company (BCC) and an extended basic engineering (EBE) contract from China National Chemical Engineering No. 7 Construction Company (CC7) in Russia for a couple of ethylene crackers. The ethane cracking project is owned by Baltic Chemical Complex, which is a subsidiary of RusGazDobycha. Under the […]

Renewable Energy Group opens first biofuel station in Seneca, Illinois

Renewable Energy Group opens first biofuel station in Seneca, Illinois

Renewable Energy Group, a US-based advanced biofuel producer, has opened its first diesel fueling station in Seneca, Illinois. The round-the-clock, fully-automated station will serve biodiesel blended fuel to diesel customers from trucking fleets to local diesel vehicle owners. Cynthia Warner – REG President & CEO said: “This diesel fueling station is another example of how […]

Idemitsu Kosan opens Cikarang lubricant manufacturing plant in Indonesia

Idemitsu Kosan opens Cikarang lubricant manufacturing plant in Indonesia

Idemitsu Lube Techno Indonesia, a subsidiary of Idemitsu Kosan has opened a new lubricant manufacturing plant – The Cikarang plant in Bekasi, Indonesia. The new lubricant manufacturing plant, which has an annual production capacity of 50,000 KL, is expected to augment the supply for the growing demand for high-performance lubricants in Indonesia. Mostly engine oil […]

COOEC-Fluor wraps up pipe spool fabrication for Al-Zour refinery project

COOEC-Fluor wraps up pipe spool fabrication for Al-Zour refinery project

Fluor said that its joint venture COOEC-Fluor Heavy Industries’ fabrication yard in Zhuhai, China, has completed the pipe spool fabrication portion under a contract related to the Al-Zour refinery project in Kuwait awarded by the Kuwait Integrated Petroleum Industries Company (KIPIC). COOEC-Fluor is said to have delivered over 95,000 pipe spools by engineering 337,000 linear […]

Husky Energy to sell Prince George oil refinery to Tidewater Midstream

Husky Energy to sell Prince George oil refinery to Tidewater Midstream

Prince George Refinery sale : Husky Energy has agreed to sell its Prince George oil refinery in British Columbia, Canada to Tidewater Midstream and Infrastructure in a deal worth up to CAD 275 million. The consideration for the Prince George Refinery sale includes CAD 215 million in cash along with closing adjustment for inventory, and a […]

Ridgewood Infrastructure acquires Texan natural gas utility SiEnergy

Ridgewood Infrastructure acquires Texan natural gas utility SiEnergy

Ridgewood acquisition of SiEnergy : US infrastructure investor Ridgewood Infrastructure has acquired Texan natural gas utility SiEnergy and its affiliated entities for an undisclosed price, as per the latest downstream oil and gas news. SiEnergy is claimed to be one of the leading regulated natural gas distribution companies in Texas, catering to nearly 25,000 customers […]

Italian oil and gas company Eni opens new biorefinery in Gela, Italy

Italian oil and gas company Eni opens new biorefinery in Gela, Italy

Eni Gela biorefinery : Italian oil and gas company Eni has opened a new biorefinery in Gela, Italy, which has a processing capacity of up to 750,000 tonnes a year of biofuels. The Italian biorefinery produces biofuels from used vegetable oil, animal fat, algae and by-products. According to Eni, all the petrochemical facilities that were […]

Petronas, Japan’s JXTG Holdings in race to buy stake in Bina Refinery

Petronas, Japan’s JXTG Holdings in race to buy stake in Bina Refinery

Malaysian oil and gas major Petronas and Japan’s JXTG Holdings are reportedly looking to acquire a stake in India’s Bina Refinery. Located at Bina in the state of Madhya Pradesh, the refinery has a crude oil processing capacity of 156,000 barrels per day (bpd). The Indian oil refinery, which was commissioned in June 2011, is […]