Aramco, Shell to divide Motiva JV’s refining assets

Saudi Aramco and Royal Dutch Shell PLC have entered a preliminary agreement to separate assets of Motiva Enterprises LLC, the Houston-based refining and marketing joint venture equally owned and operated by the companies since 2002 (OGJ Online, Feb. 13, 2002). Source: News


UK budget eases oil and gas taxation

The UK government proposes to ease taxation of the oil and gas industry in its 2016 budget disclosed on Mar. 16. Source: News


Honeywell UOP details contract let for SOCAR refinery revamp

Honeywell UOP LLC, a subsidiary of Honeywell International Inc., has released additional details of its earlier contract award from State Oil Co. of Azerbaijan Republic (SOCAR) to provide technology and licensing for installations to be built as part of the company’s ongoing modernization and expansion program at the Heydar Aliyev refinery at Baku in Azerbaijan. […]


OMV schedules 2-month turnaround for Austrian refinery

Austria’s OMV AG will shut down about half of its 203,892-b/d integrated refinery and petrochemical complex in Schwechat, Austria, beginning in April for 2 months of routine turnaround activities. Source: News