Americas
Albemarle announces launch of Ketjen Corporation
Albemarle Corporation, a leader in the global specialty chemicals industry, announced the official brand launch of Ketjen, its wholly owned subsidiary that crafts tailored, advanced catalyst solutions for the petrochemical, refining and specialty chemicals industries.
Chevron annual profit doubles to record $36.5 B, but misses estimates
Chevron Corp. on Friday posted a record $36.5 B profit for 2022 that was more than double year-earlier earnings but fell shy of Wall Street estimates, undercut by an asset writedowns and a retreat in oil and gas prices.
U.S. Energy Department to allocate $118 MM to biofuels projects
The U.S. Department of Energy (DOE) this week will announce over $100 MM in funding to expand U.S. biofuels production, as the Biden administration works to cut greenhouse gas emissions from transportation and meet climate goals.
Chevron's 5th and 6th cargoes of Venezuelan oil soon to depart
Two tankers chartered by Chevron Corp are loading Venezuelan heavy crude at the South American country and should depart in coming days for the United States, according to shipping documents and sources.
Digital Feature: Relief valve sizing for two-phase flow
This article will present the sizing technique for two-phase flow through relief valves and orifices. The procedure is simple but rigorous and generally applicable.
Syzygy Plasmonics and RTI Inetrnational sign agreement to demonstrate sustainable fuels production system
Syzygy Plasmonics, a deep decarbonization company, announced an agreement today with the nonprofit research institute RTI International to demonstrate sustainable fuel production at the RTI facility in Research Triangle Park, North Carolina, USA.
Phillips 66 achieves ISCC PLUS certification to turn oil from waste plastics into feedstocks
Phillips 66 announced it has received International Sustainability and Carbon Certification (ISCC) PLUS certification for its Sweeny Refinery in Texas to process oil made from waste plastics into feedstocks for new plastics.
Operations at Exxon's Baytown, Texas refinery normal after storms
ExxonMobil Corp said operations at its Baytown, Texas refining and petrochemical complex were normal on Wednesday following severe storms including at least one tornado on Tuesday.
Mexico's newest oil refinery to begin crude processing in July
Mexican state oil company Pemex's newest refinery, which is still under construction in Mexico's southeast, will begin to process crude oil in July 2023.
NASA awards $425 MM to Boeing for fuel-efficient airliner research project
The White House is targeting 20% lower aviation emissions by 2030, as airlines facing pressure from environmental groups to lower their carbon footprint pledged to use more sustainable aviation fuel.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
