Economics
Technip Energies invests in the United Airlines Ventures Sustainable Flight Fund
This innovative fund is strategically designed to leverage cross-industry support, providing start-ups working on SAF research, production and technology, with both financial and strategic capital.
KT awarded Eni contract for hydrogen production in Livorno plant biorefinery conversion
MAIRE announced that its subsidiary KT - Kinetics Technology (Integrated E&C Solutions) has been awarded an EPC contract by Italian Energy company Eni to build a hydrogen production plant at Eni’s Livorno refinery.
Asia's SAF projects and agreements
SAF, or alternative fuel made from renewable sources that are used to power aircraft, is crucial for the aviation sector to reach its goal of net zero carbon emissions by 2050, but its adoption remains in a nascent phase. Following is a look at other SAF projects and agreements in the Asia-Pacific region.
Sir Ratcliffe warns Europe is “sleepwalking towards offshoring its industry, jobs, investments”
Sir Jim Ratcliffe, Chairman and Founder of INEOS, has written to Ursula von der Leyen, President of the European Commission, warning that Europe is “sleepwalking towards offshoring its industry, jobs, investments, and emissions.”
BAYEGAN selects Lummus for integrated PDH and PP complex
BAYEGAN will license Lummus' CATOFIN technology for a new 450 KTA propane dehydrogenation unit and Lummus' Novolen technology for a new 450 KTA polypropylene unit.
Biden administration (U.S.) to approve E15 gasoline expansion starting in 2025
The White House (U.S.) will approve a request from a group of Midwest governors to allow year-round sales of gasoline with higher blends of ethanol, but will push the start date into next year.
Digitalization in refineries: A strategic roadmap for operational excellence—Part 1
The refinery industry is one of the biggest industries worldwide. According to Statista, the global oil refinery capacity tipped 100 MMbpd in 2022. This capacity reflects nearly a twofold increase since 1970.
Planning a practical path to net-zero
Many companies around the world and across the size spectrum have committed to aggressive carbon-neutral targets and are now looking to their production sites for practical plans on how to achieve these goals.
CITGO enters EV space with pilot program in Michigan (U.S.)
CITGO Petroleum Corporation, along with longtime Marketer Folk Oil Company, recently launched an electric vehicle charging pilot program designed to meet the needs of EV drivers in Battle Creek, Michigan.
Regional hydrogen hubs set to kickstart Australia’s hydrogen industry
The Australian Hydrogen Council today congratulates the Australian Government on the announcement of a $140-MM agreement with the Western Australian Government to progress a hydrogen hub in the Pilbara region of Western Australia.
- Topsoe and Sasol bring advanced SAF technology to Allied Biofuel’s landmark project in Uzbekistan 7/14
- Siemens Energy begins preparations for the launch of an independent brand 7/14
- Emerson helps Romania’s largest refinery reduce control system alarms by over 95% 7/14
- Central Asia feels the pinch of Russia's fuel crunch 7/14
- Venezuela's smallest refinery restarts FCCU 7/14
- Brazil raises mandatory ethanol blend in gasoline to 32% from 30% 7/14
