Economics
Valero's Port Arthur refinery prepares small CDU restart
Valero Energy Corp is preparing to restart the small crude distillation unit at its 335,000 bpd Port Arthur, Texas refinery after completing a planned overhaul.
Biotrend Energy to build the first commercial-scale advanced plastics recycling facility using Honeywell upcycle process technology
Honeywell announced that Biotrend Energy signed equipment supply, production license, and warranty agreements to build Turkey’s first commercialized advanced waste recycling plant using Honeywell UOP UpCycle Process Technology.
Capstone Industrial Training Solutions joins Solaris Management Consultants Inc.
Capstone Industrial Training Solutions is pleased to be joining Solaris Management Consultants Inc. and their group of companies to create a complete turnkey services partnership for the energy industry.
Chevron Lummus Global selected for Brazil's Petrobras Gaslub Hub
Chevron Lummus Global LLC announced a recent contract award from Petróleo Brasileiro S.A. for a new 12,580 bpd hydroisodewaxing unit at the GasLub Hub, a lubricant plant in Itaboraí, Rio de Janeiro state, Brazil.
Baker Hughes announces major LNG order from QatarEnergy for the North Field South Project
Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors for the North Field South project, which will be executed by Qatargas.
China refiner ZPC enters strategic fuel marketing deal with Sinopec
Privately controlled Zhejiang Petrochemical Corp, operator of China's largest refinery, said it has reached a strategic agreement with state refining giant Sinopec on the domestic marketing of its fuel.
Primoris Services Corporation awarded contract to supply fractionator reboiler for Diamond Green Diesel’s Port Arthur SAF project
Primoris announced that its OnQuest business has been selected to supply a fractionator reboiler for Diamond Green Diesel’s SAF project at its Port Arthur, Texas plant.
Yara and Enbridge plan $2.9-B ammonia plant in Texas
Norwegian fertilizer maker Yara and Canadian pipeline company Enbridge plan to invest up to $2.9-B to build a low-carbon blue ammonia production plant in Texas.
Synthomer shares tank after profit slump in 2022, warns of subdued demand
Shares of Synthomer Plc plunged about 14% after the British polymer maker reported a slump in 2022 core profit and said demand remained subdued thus far into the year.
Japan's carbon pricing scheme being launched in April
Japan, the world's fifth-biggest CO2 emitter, will begin a carbon pricing scheme in stages from April to encourage companies to curb emissions and achieve its goal of carbon neutrality by 2050.

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- 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