Swedish refiner Preem Petroleum AB, a wholly owned subsidiary of Corral Petroleum Holdings AB, Stockholm, and US-based project developer Beowulf Energy LLC, New York, have signed a cooperation framework agreement to examine the possibility of installing a residue hydrocracking plant that will be equipped with process technology from Chevron Lummus Global LLC (CLG) at Preem’s 220,000-b/d refinery in Lysekil, Sweden.

Source: News