Economics
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.
Norway awards offshore licenses to explore for CO2 storage
Norway said it has awarded two licenses to explore for carbon dioxide storage sites in the North Sea - one to Aker BP and a partner, and another to Germany's Wintershall Dea and its partner.
Chinese refiner Chambroad set to start bitumen plant in Hainan
China's Chambroad Petrochemicals is set to start operating a refining unit in the southern province of Hainan in May to produce mainly bitumen with an aim to export the material used to pave roads.
SP Chemicals selects Lummus' CATOFIN and Novolen Technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced an integrated technology award from SP Chemicals and its subsidiary SP Olefins.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
