Tag Archives: Oil Refining

Petron to Expand Its Limay Refinery with Technologies from Honeywell

Upgrades will increase production of motor fuels and aromatics in the Philippines DES PLAINES, Ill., – Honeywell (NYSE: HON) announced today that Petron Corporation will expand and upgrade its Limay, Bataan refinery in the Philippines with technologies from Honeywell UOP. When the project is completed, the refinery will produce 75,000 barrels per day of refined fuels and 1 […]

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Oil Majors Double Down On Refining

The oil majors are increasingly betting their futures on a mix of downstream enterprises. Refineries, processing, petrochemical facilities and retail gasoline stations are gaining in importance, while upstream spending stalls. The WSJ reports that BP has plans to open 1,000 retail gasoline stations in Mexico and India over the next three years while ExxonMobil has […]

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