Petrochemicals
Citgo Petroleum reports $477 MM third quarter profit
Results for the Venezuelan-owned company and other U.S. refiners have touch records this year as prices for motor fuels climbed sharply on the U.S. economic recovery and on global shortages caused by Russia's invasion of Ukraine.
Online Feature: Crude C4 alternatives for a successful grassroots petrochemicals project
The C4 value chain configuration chosen for a new petrochemical complex greatly depends on key project business case drivers, such as steam cracker feed slate, commercial and market conditions, and product value-uplift potential.
Chinese refiners boost diesel output to profit from robust export margins
China's refined oil product exports in November are set to hit the highest since April 2020 as refiners ramp up output to multi-month highs to boost diesel supply and profit, offsetting the impact of slower domestic demand from COVID-19 restrictions.
Kuwait's KIPIC says first phase of Al-Zour refinery starts commercial operations
The commercial launch comes after the project started last month to produce and sell primary quantities of fuel oil and supply it to local power stations.
Big brands set to miss plastic sustainability targets
Some of the world's biggest consumer goods companies, including PepsiCo, Mars and Nestle, are almost certain to miss a target to make plastic packaging more sustainable by 2025.
UK sanctions four Russian steel and petrochemical tycoons
Britain has sanctioned four Russian steel and petrochemical business owners, including the former head of steel producer Evraz, the government said on Wednesday, its latest measures taken against Moscow over the war in Ukraine.
Online Feature: Digitalization will help carbon capture and sequestration industry to be more efficient, safe, and profitable
While zero-carbon alternative solutions evolve, CCUS provides a near-term pathway to rapidly reduce the impacts of existing, difficult-to-decarbonize, emissions-intensive infrastructure and processes.
OMV and Wood sign MoU for commercial licensing of ReOil technology
A ReOil pilot plant has been operating in the OMV refinery in Schwechat, Austria, since 2018 and has been processing end-of-life plastics for more than 17,000 hours to date.
Petronas says assessing fire damage at Malaysian joint venture with Aramco
Malaysian state energy firm Petronas said on Tuesday it was studying the damage to interconnecting pipes caused by a fire last week at its refinery and petrochemical joint venture with Saudi Aramco.
Made In Italy Engineering supports UAE's circular economy, Maire Tecnimont begins a polymers reprocessing plant in Abu Dhabi
The plant is capable of both improving and upgrading lower-quality polymers (such off-spec products, plant scraps) and upcycling plastic waste into higher-value, qualified products fit for specific industrial applications.
- thyssenkrupp Uhde completes pre-FEED for HAMR Energy’s renewable fuels project in Australia 8/21
- Europe distillates-diesel profit margins firm 8/21
- U.S.: Indiana's bp refinery restarts after severe flooding 8/21
- Berlin weighs trusteeship extension for Rosneft's German assets 8/21
- Trump administration to rule on biofuel exemption requests, delay reallocation decision 8/21
- TotalEnergies' Donges refinery fire extinguished 8/21
