
Financial close for gasification and power JV
Air Products has announced financial close and transfer of the second group of assets for a gasification and power joint venture (JV) with Aramco, ACWA Power and Air Products Qudra in Saudi Arabia.
Browse the latest refining news and articles.

Aramco has announced the 100% acquisition of Motiva Trading by the Aramco Trading Company, as well as the launch of Aramco Trading Americas LLC.

Pertamina, through its PT Kilang Pertamina Internasional Balikpapan unit, has signed a security cooperation agreement with the TNI and Polri for the East Kalimantan region in Balikpapan, Indonesia.

Babcock & Wilcox has been awarded a contract by Phillips 66 Ltd to design a flue gas pre-treatment technology upstream from a planned carbon dioxide capture system on the Phillips 66 Ltd Humber Refinery.

weavix™ has announced a US$10 million Series A funding round from Koch Disruptive Technologies, the growth and venture arm of Koch Industries.

ExxonMobil has reached an agreement with Bangchak Corp. to sell its interest in Esso Thailand, which includes the Sriracha refinery, select distribution terminals, and a network of Esso-branded retail stations.

The list of references associated with the article entitled 'Moving with the changing tide', which featured in the January 2023 issue of Hydrocarbon Engineering.

Technip Energies has been awarded a large project management consultancy contract by Kuwait Oil Co.

According to the EIA, the Brent price rose significantly in 1H22 but generally declined in the second half of the year.

After increasing 68% from January to June, the energy component of the S&P Goldman Sachs Commodity Index ended 2022 10% higher than the first trading day of the year.