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bp agrees to sell its petrochemicals business to INEOS

$5 billion deal for bp’s global aromatics, acetyls and related businesses

30-Jun-2020

bp announced that it has agreed to sell its global petrochemicals businessto INEOS for a total consideration of $5 billion, subject to customaryadjustments. The agreed sale, the next strategic step in reinventing bp, willfurther strengthen bp’s balance sheet and delivers its target for ...

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Getting Rid of the Last Bits of Sulfur in Fuel

07-Mar-2017

Scientists led by a team at Caltech have developed a new method for potentially removing nearly all sulfur compounds from gas and diesel fuel. Sulfur compounds in fuels such as gasoline and diesel create air pollution when the fuel is burned. To address that challenge, large-scale oil refinery ...

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Jacobs Receives Contract from BP in Belgium

08-Jan-2015

Jacobs Engineering Group Inc. announced that it received a contract from BP Chembel N.V. for basic and detailed engineering services to upgrade its facilities in Geel, Belgium.Under the terms of the contract, Jacobs is installing new equipment and performing upgrades in the facility’s PTA units. ...

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BP and JBF Group Agree to Build New Co-located PET Facility in Geel, Belgium

09-Aug-2011

BP has entered into agreements with JBF RAK LLC under which JBF RAK LLC is to build a new 390,000 tonne per year polyethylene terephthalate (PET) production unit in Geel, Belgium, subject to required approvals. The agreements provide JBF rights to build and operate this PET unit on BP’s existing ...

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hte helps BP accelerate commercialisation of Fischer-Tropsch process

10-Jun-2011

hte extends its collaboration with BP International Ltd. in the field of Fischer-Tropsch synthesis. The BP Conversion Technology Centre is continuing to work with hte in the field of Fischer-Tropsch catalysis and process. The Fischer-Tropsch process is used to convert syngas into synthetic fuels ...

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