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Engineering & Design

NEXT Renewable Fuels to go public in $666 MM SPAC deal

NEXT Renewable Fuels Inc said on Monday it would go public in a blank-check deal that values the combined company at $666 MM, amid soaring demand for renewable diesel and sustainable aviation fuel.

Vopak and PETRONAS sign MoU to explore opportunities in CCS

Vopak and Petroliam Nasional Berhad (PETRONAS) signed an MoU for the development of the value chain for CCS in the Southeast Asia region.

Online Feature: What you need to know about emergency isolation valves

Whether they are off-the-shelf or custom designed, EIVs are one of the most critical pieces of equipment in a refinery. The proper operation of EIVs is crucial for the safety of the workers in the plant and plant equipment, and lack of performance can be extremely costly.

Online Feature: Highlights of API 685 3rd Edition, Sealless Pumps—Part 1

This article—Part 1—describes the process of updating the document and cites the participating companies contributing to this work, along with addressing the significant changes that are of interest to the reader in understanding revisions from the previous API editions. Included are the influences and reasons behind each of these changes. Insight into subject matter for future updates to API 685 is addressed at the end.

Neste to acquire used cooking oil collection and aggregation business from Crimson Renewable Energy

The transaction includes shares in SeQuential Environmental Services, LLC, and Pure, LLC, as well as a UCO processing plant in Salem, Oregon.

U.S. aims for zero-emissions heavy-duty vehicles by 2040

The United States aims to only sell and produce zero-emissions medium- and heavy-duty vehicles like school buses and tractor trailers by 2040, the U.S. energy secretary agreed at the COP27 climate summit in Egypt.

John Crane joins the Aiming for Zero methane emissions initiative

Incubated by the OGCI and its member companies, the Aiming for Zero Methane Emissions Initiative was launched in early 2022 to rethink how the oil and gas industry approaches methane emissions and its harmful effects on the environment.

Neste, Brightlands Venture Partners, 4 Impact VC and Asahi Kasei invests EUR 11 MM into startup Circularise

Neste, Brightlands Venture Partners, 4 Impact VC and Asahi Kasei announce a combined EUR 11 MM investment into Netherlands-based startup Circularise.

Shell begins operations at polymers plant in Pennsylvania

The Pennsylvania facility is the first major polyethylene manufacturing complex in the Northeastern United States and has a designed output of 1.6 MMt annually.

Airbus and partners facilitate SAF commercial flights in China

Airbus has signed agreements with Xiamen Airlines, Zhejiang Loong Airlines and Colorful Guizhou Airlines to promote the use of SAF for commercial flights in China.