Americas
U.S. oil refiners aim to run full-bore, spurning recession fears
U.S. crude oil refineries plan to keep running near full throttle this quarter, according to executives and estimates, as refiners set aside worries about recession and sliding retail prices to deliver more fuel.
History of the HPI: The 1990s: Clean fuels and emissions mitigation, M&A, GTL and the fieldbus wars
Much like several initiatives passed in the 1970s and 1980s, the 1990s were a decade heavily focused on environmental issues, with many new regulations being enacted to not only mitigate industrial and vehicle emissions but also to advance the production of clean fuels globally.
Power interruption prompts flaring at Chevron Phillips' Baytown plant
Chevron Phillips was utilizing the safety flare system at its Baytown, Texas, chemical plant following a power interruption.
Shell USA and Shell Midstream Partners reach a definitive merger agreement
Shell USA and Shell Midstream Partners announced they have executed a definitive agreement and plan of merger pursuant to which Shell USA will acquire all of the common units representing limited partner interests in SHLX.
BASF confirms final phase of MDI expansion at Geismar Verbund site
BASF is moving forward with the final phase of the expansion project for the methylene diphenyl diisocyanate (MDI) plant at its Verbund site in Geismar, Louisiana.
Industry Perspectives
In 1H 2022, new capital projects have declined 19% vs. 1H 2021.
Clean energy start-up reveals plan for $800 MM renewable fuels facility in Port Allen
Arbor Renewable Gas is evaluating West Baton Rouge Parish for a planned $800 MM manufacturing and distribution facility employing carbon capture and sequestration emissions-reduction technology.
Under U.S. sanctions, Iran and Venezuela sign 20-year cooperation plan
Iran and Venezuela, oil producers grappling with crippling U.S. sanctions, signed a 20-year cooperation plan in Tehran, with the Islamic Republic's supreme leader saying the allies would continue to resist pressure from Washington.
Solvay seen starting polymer expansion in Ohio plant
Solvay has started works related to expansion plans that include installing equipment to increase sulfone polymers capacity at its plant in Marietta, Ohio.
North American PP market to see two startups, challenged demand in 2022
North American polypropylene producers won´t see this year a repeat of 2021, when stronger-than-expected demand as the pandemic eased after vaccines met extreme supply tightness.
- GTT receives order from Samsung Heavy Industries for the tank design of two new very large ethane carriers 2/11
- Emerson introduces hybrid continuous gas analyzer for improved regulatory compliance and emissions control 2/11
- BASF to further strengthen Global Business Services through global hub setup 2/11
- Morocco signs agreement with ORNX consortium for $4.5-B green ammonia complex 2/11
- Rosneft oil refinery in Germany warns of risks from U.S. sanctions 2/11
- TotalEnergies takes over Zeeland refinery operations, Lukoil still owns 45% 2/11
