Economics
Oil prices push higher as demand expectations offset dollar strength
Oil prices edged up on Monday on the prospect of strong summer fuel demand and rising geopolitical tensions outweighed the effects of a stronger dollar.
Nigeria's Dangote Refinery accuses oil majors of blocking local crude purchase
An executive of the Dangote Refinery said on Sunday oil majors were blocking its access to locally produced crude oil by selling it above market price or claiming it was unavailable, forcing the company to rely on expensive imports.
China produces first nuclear-generated steam for petrochemicals plant
China's first nuclear-based steam generation project began production on Wednesday, state-run China National Nuclear Corp (CNNC) said in a Wechat post announcing the latest step in Chinese efforts to decarbonize heavy industry.
Research and application of proprietary cold oil absorption technology in the recovery of refinery dry gases
With the increasing shortage of global energy and resources, the recovery and utilization of refinery dry gases have become important topics of concern.
Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
Several refiners are evaluating a new gasoline-formulation technology called hydrogen (H2)-rich-content (HRC) gasoline. This patented technology uses low-sulfur, H2-rich refinery blendstocks like straight-run gasoline, isomerates, alkylate, butanes and renewable naphtha in gasoline blends, and adds aromatic amines (a high-octane gasoline additive) to make a drop-in specification gasoline.
A multi-objective optimization study for an integrated oil refinery-petrochemical plant—Part 2
In this research, the integration of an oil refinery and an ethylene-producing facility was examined using a mixed-integer nonlinear programming model that prioritized maximizing ethylene and propylene production and net profit.
Global Project Data
Spotlight on Asia
PTTGC wants to turn Map Ta Phut (Thailand) into petrochemicals hub
The company aims to build growth opportunity for Map Ta Phut to position it as a Southeast Asian hub.
Amogy and Plastic 2 Green partner to pioneer ammonia energy solutions
Amogy announced the signing of a Memorandum of Understanding (MoU) with Plastic 2 Green (P2G) to explore the integration of Amogy’s ammonia-to-electrical power system as a backup/supplementary power source for P2G’s green ammonia manufacturing facilities.
Financial alliances build as Citgo share auction enters last mile
At least five groups of investors submitted binding bids this month in a U.S. court-ordered auction of shares in Citgo Petroleum's parent, and three have secured financing commitments for Venezuela's foreign crown jewel.
- Ineos to invest £150 MM at Grangemouth site 12/17
- KBR’s methanol technology selected by Fikrat Al-Tadweer for the first biomethanol plant in Saudi Arabia 12/17
- Petrobras strike hits eight refineries on second day 12/17
- Shell seeks buyers for stake in Germany's Schwedt refinery 12/17
- Digital Exclusive: Root cause analysis on hydrochloric acid corrosion in a diesel hydrotreater unit 12/16
- Digital Feature: Enabling growth through strategic cost optimization for petrochemical and refining companies 12/16
