Industry News
In order to keep the Inspectioneering community up-to-date with current events and breaking stories, we routinely share relevant, useful, and/or interesting stories related to the topics we cover and the industries we serve.
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Press ReleaseOlympus, July 7, 2020Using Olympus’ new AxSEAM scanner, inspectors can now more easily set up and inspect long seam welds, enabling them to work more independently in the field.
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NewsReuters, July 2, 2020CVR Energy and HollyFrontier Corp have cut their workforces in recent weeks, according to three sources, as demand falls due to the ongoing coronavirus pandemic.
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NewsReuters, July 2, 2020Citgo Petroleum Corp restarted the large gasoline-producing fluidic catalytic cracker on Wednesday at its 167,500-barrel-per-day (bpd) Corpus Christi, Texas, refinery on Wednesday following a pump outage.
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NewsReuters, July 2, 2020Two people were killed on Thursday in an explosion at Astron Energy’s 100,000 barrel per day refinery in Cape Town.
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NewsReuters, July 1, 2020Royal Dutch Shell Plc plans to restart the 40,000 barrel-per-day (bpd) reformer over the weekend at its 227,400 bpd Norco, Louisiana, refinery, sources familiar with plant operations said on Tuesday.
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NewsHilco Redevelopment Partners, June 29, 2020Hilco Redevelopment Partners (HRP) has announced that it has completed its acquisition of the 1300-acre former Philadelphia Energy Solutions (PES) refinery in Southwest Philadelphia.
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NewsBP Plc., June 29, 2020BP has agreed to sell its global petrochemicals business (aromatics and acetyls) to INEOS for a total consideration of $5 billion, subject to customary adjustments.
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NewsReuters, June 26, 2020Refining NZ said on Thursday it is considering shutting New Zealand’s only oil refinery and turning it into a fuel import terminal in the long run, but first will reduce its operations to cut costs and break even into 2021.
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NewsReuters, June 25, 2020U.S. crude oil refining capacity grew by nearly 1 percent in 2019, or 173,650 barrels per day (bpd) to nearly 19 million bpd, a new record, according to a report released on Wednesday by the U.S. Energy Information Administration (EIA).
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NewsReuters, June 25, 2020Brazil’s Petrobras is set to receive binding offers for the country’s second-largest refinery on Thursday, five people with knowledge of the matter said, as the state oil company aims to restart a plan to divest more than $10 billion in assets.
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NewsU.S. Chemical Safety and Hazard Investigation Board, June 24, 2020As the United States faces this year's hurricane season, it is critical that the chemical industry understands and prepares for the potential safety hazards posed by extreme weather events.
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NewsReuters, June 23, 2020Valero Energy Corp’s Memphis, Tennessee, crude oil refinery is operating at two-thirds of its 180,000 barrel-per-day (bpd) capacity because of low demand in the COVID-19 pandemic, said sources familiar with plant operations.
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NewsReuters, June 23, 2020Exxon Mobil Corp is restarting the hydrocracker at its 560,500 barrel-per-day (bpd) Baytown, Texas, refinery on Tuesday, said sources familiar with plant operations.
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NewsReuters, June 22, 2020Gunvor Group is considering mothballing its oil refinery in the Belgian city of Antwerp because it is expected to be loss-making in the near term.
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Partner Content
InVista is a lightweight, hand-held ultrasonic in-line inspection tool (intelligent pig) capable of detecting pipeline wall loss and corrosion in unpiggable or difficult-to-inspect pipelines. The pipeline geometry inspection data captured by the...
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NewsReuters, June 22, 2020The cost of overhauling a long-idled Caribbean oil refinery has nearly doubled to about $2.7 billion, said people familiar with the matter, as it prepares to start commercial operations amid an oversupplied fuel market.
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