http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2024/07/audi-bp-team-up-with-strategic-sustainable-fuels-partnership-for-formula-1/ Audi and bp are joining forces in an extensive new strategic partnership in Formula 1, focused on adhering to new FIA F1 Technical Regulations featuring enhanced electrification and use of Advanced Sustainable fuels. http://hydrocarbonprocessing.com/news/2024/07/h2global-pilot-auction-results-in-first-significant-renewable-ammonia-supply-for-eu/ Hintco GmbH has announced Fertiglobe as the successful bidder of the first H2Global pilot auction for renewable ammonia, funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK). http://hydrocarbonprocessing.com/news/2024/07/bp-energy-outlook-two-main-scenarios-see-2025-oil-peak-rapid-renewables-growth/ bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday. http://hydrocarbonprocessing.com/news/2024/07/germany-awards-tender-to-fertiglobe-for-green-ammonia-from-egypt/ Germany has awarded a tender to buy at least 259,000 metric tons (t) of green ammonia between 2027 and 2033 to UAE-based Fertiglobe, marking the first in a round of global tenders to import green hydrogen (H2) derivatives needed for decarbonization. http://hydrocarbonprocessing.com/news/2024/07/gulf-energy-information-appoints-catherine-watkins-as-chief-commercial-officer-to-drive-market-expansion/ Gulf Energy Information (Gulf), a premier B2B media company in the global energy sector, proudly announces the transition of Catherine Watkins from Chief Financial Officer (CFO) to Chief Commercial Officer (CCO), effective immediately. This strategic transition aligns with Gulf’s commitment to expanding market share and driving sales growth across key markets. http://hydrocarbonprocessing.com/news/2024/07/lummus-mol-group-begin-engineering-execution-on-hungary-advanced-waste-plastic-recycling-plant/ Lummus Technology, a global provider of process technologies and value-driven energy solutions, and MOL Group, the leading integrated Central Eastern European oil and gas corporation, have commenced the design phase for the first Lummus advanced waste plastic recycling unit. http://hydrocarbonprocessing.com/news/2024/07/opec-sticks-to-2024-oil-demand-view-sees-strong-travel-season/ OPEC is sticking to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient economic growth and air travel would support fuel use in the summer months. http://hydrocarbonprocessing.com/news/2024/07/eia-global-oil-market-will-be-in-supply-deficit-next-year/ Global oil demand will outpace supply next year, the U.S. Energy Information Administration (EIA) said on Tuesday, reversing a prior forecast for a surplus. http://hydrocarbonprocessing.com/news/2024/07/schwedt-refinery-hits-80-capacity-despite-ownership-doubts/ Germany's Schwedt oil refinery is running at > 80% capacity despite uncertainty over its future ownership but market conditions mean there is no incentive to go any higher. http://hydrocarbonprocessing.com/news/2024/07/enviro-receives-order-for-500-tons-of-tire-pyrolysis-oil-from-repeat-customer/ Scandinavian Enviro Systems (Enviro) has received an order for deliveries of 500 tons (t) of recovered pyrolysis oil from a leading European oil player. The oil, which will be produced at Enviro’s facility in Åsensbruk, will be delivered during the fall of 2024.