Economics
LPG-fueled LPG carrier "Captain Markos" delivered
Kawasaki Heavy Industries, Ltd. announced it has delivered the 84,000 m3 capacity LPG carrier CAPTAIN MARKOS. This is the 70th LPG carrier built by the company.
Brooge Energy announces completion of technical study for green ammonia plant
Brooge Energy Ltd announced that the technical study of its green hydrogen and green ammonia plant conducted by thyssenkrupp Uhde has been completed and delivered.
Neste to start production at Singapore renewables fuels expansion in 'weeks'
Finnish biofuel producer Neste plans to start commercial production at its renewable fuels expansion project in Singapore in the coming weeks after trial runs.
HIF Global and Idemitsu Kosan announce carbon neutral eFuels strategic cooperation
HIF Global, the world’s leading eFuels company, and energy company Idemitsu Kosan today announced a strategic cooperation agreement to accelerate the production of carbon neutral eFuels.
Borouge enters into agreement to expand footprint in East Africa
Borouge Plc, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, has entered into a Distribution Agreement with one of the biggest polyolefin distributors in East Africa, Somochem.
Canada's Alberta to contribute to CCUS after Ottawa commitments
Canada's province of Alberta is expected to offer more support for carbon capture utilization and storage projects now that the federal government has its incentives in place.
Exxon says its decarbonization business could outgrow oil, in multi-trillion market
Exxon Mobil Corp's Low Carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company's traditional oil and gas as soon as a decade from now.
Cummins to invest over $1 B to upgrade U.S. facilities to new clean energy tech
Cummins Inc said it would invest more than $1 B across its U.S. engine manufacturing network to upgrade some facilities to support new clean energy technologies.
thyssenkrupp Uhde to cooperate with IDIP on fabrication of new modular plants for green ammonia
thyssenkrupp Uhde and Idesa Industrial Plants S.l.u. have signed a memorandum of understanding to cooperate on developing and fabricating modules for green ammonia projects.
The market for adipic acid is expected to develop at a consistent CAGR of 4.9% per year by 2032
Due to the production of waste nitrous oxide, the current commercial petrochemical process that produces adipic acid from KA oil and is catalyzed by nitric acid seriously pollutes the environment.
- Hydrocarbon Processing launches AI platform to accelerate decisions in the downstream sector 7/7
- Digital Feature: The critical interdependency of relief valve analysis and flare system considerations during HAZOP 7/7
- Trafigura to use Babcock's ammonia fuel supply system onboard gas carriers 7/7
- Lotte Chemical Titan secures $3-B ethylene supply deal in Indonesia 7/7
- Diesel East-West price spread nears 1.5-yr high amid supply concerns West, stable East 7/7
- U.S. Gulf Coast fuel oil imports at record low as refiners opt for heavier crude 7/7
