Petrochemicals
Naphtha tank at Calcasieu Refining catches fire due to lightning
A tank containing naphtha at Calcasieu Refining in Lake Charles, Louisiana caught fire due to a lightning strike, local media reported.
Germany's conundrum: Energy transition goals increase chemical sector's challenges
Europe's largest economy is also one of the region's most aggressive advocates for shifting energy systems away from fossil fuels, and leads the continent in emissions reduction targets and investments in renewable energy supplies.
Business Trends: The journey to sustainable profitability: How to benchmark the efficiency of your investment
Because it provides the energy and materials required for global development, the refining industry is critical to the world economy.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,000 active projects around the world.
Innovations
Rockwell Automation has reinforced new capabilities in emulation and support with its first expansion of FactoryTalk® Logix Echo.
Lyondell Basell delays refining business exit to 2025
Chemical maker Lyondell Basell Industries said that it plans to delay its refining business exit from year-end 2023 to no later than the end of the first quarter 2025.
Mexico's gasoline independence dream sinks in dirty fuel oil glut
Mexico's president took office in late 2018 pledging to boost local output of gasoline while phasing out imports, but so far state refineries have instead set a different course: bumper production of highly contaminating fuel oil.
Technip Energies, LyondellBasell and Chevron Phillips Chemical sign MOU for electric steam cracking furnace
Technip Energies, LyondellBasell and Chevron Phillips Chemical announced the signing of a Memorandum of Understanding for the design, construction and operation of a demonstration unit for Technip Energies’ electric steam cracking furnace technology (eFurnace by T.EN) to produce olefins.
Emerson helps optimize innovative recycling process
Global software and technology leader Emerson is helping the Swedish cleantech company HaloSep to optimize their unique process that turns hazardous incinerator flue gas residue from waste-to-energy plants into usable materials.
China's fuel oil imports soar as inspections curb bitumen blend intake
China's independent oil refiners are ramping up fuel oil imports to process into gasoline and diesel amid robust refining margins as ongoing cargo inspections at refining hub Shandong have cut off supplies of lower-priced feedstock bitumen blend.
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Nigeria's Dangote refinery says crude unit and petrol block running at capacity in tests (1) 2/12
- Vietnam's largest refinery to operate at 120%-125% of designed capacity in Q1 2/12
- Indonesia's Medco expansion plans bet on rising energy demand in Southeast Asia 2/12
