Americas
Azure announces plans to develop SAF-focused renewable fuel production facility in Canada
Azure Sustainable Fuels Corp. continues to reach milestones in its development of a renewable fuel production facility in Canada that will produce approximately 20,000-bpd of predominantly SAF with first production targeted for 2027.
CIB partners with Azure Sustainable Fuels on SAF project development
The Canada Infrastructure Bank and Azure Sustainable Fuels Corp. are partnering on a FEED study for SAF production in Canada
Brazil's Petrobras plans to finish RNEST refinery's Train 1 expansion in early 2025
Brazilian state-run oil firm Petrobras, opens new tab said that it plans to finish expansion works on Train One of its Abreu e Lima refinery in the first quarter of 2025, nearly a decade after the expansion was halted due to a massive corruption scandal.
Naphtha markets brace for margin squeeze amid supply glut in 2024
Global naphtha markets will likely suffer from lower profit margins in 2024 as refining and petrochemical capacity expansions in China and the Middle East outpace plastics demand growth globally.
Covestro and Encina reach an agreement for a long-term supply of circular raw materials
Covestro and Encina, a U.S.-based producer of ISCC PLUS certified circular chemicals, reached a long-term supply agreement for chemically recycled, circular feedstock derived from post-consumer end-of-life plastic.
Save the Date for YNOW2024: A Yokogawa Users Conference, October 28-30, 2024, Houston, Texas
Yokogawa Corporation of America and KBC announce YNOW2024, an in-person event taking place October 28-30, 2024, at the Hilton Americas-Houston in Downtown Houston, Texas.
Talos Energy to acquire QuarterNorth Energy for $1.29 B
Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 -B cash and stock deal to bolster its presence in Mexico.
Drawn by low prices, Chinese refiners hunt for oil to replenish stocks
Chinese refiners are actively booking crude oil cargoes for delivery in March and April to replenish stocks, locking-in relatively low prices and in anticipation of stronger demand in the second half of 2024.
More oil tankers shun southern Red Sea after U.S.-led strikes in Yemen
At least six more oil tankers were steering clear of the southern Red Sea, as disruptions on the vital route for energy shipping increase in the wake of U.S.-led strikes against Houthi targets in Yemen.
Greek shipowner seeks U.S. government help with tanker seized by Iran
Empire Navigation Inc, the Greek shipowner of an oil tanker seized by Iran, said it sought any help from the U.S. government in regaining control of its vessel in a U.S. court filing.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
