Americas
Bunge, Chevron acquire Argentina's Chacraservicios to meet renewable diesel demand
Grains merchant Bunge and oil major Chevron said they have acquired Argentina-based agricultural product company Chacraservicios, as the companies look to expand their renewable energy footprint.
Topsoe technology supports HF Sinclair’s renewable fuels production in the United States
Topsoe was selected by HF Sinclair as a technology provider for their production of renewable fuels at three facilities: Sinclair, Cheyenne and Artesia.
MAN Energy Solutions and Shell join forces to drive decarbonization solutions
MAN Energy Solutions and Shell have agreed a Memorandum of Understanding to explore the potential of combining their individual competencies and technologies to achieve their climate goals and support their customers in their decarbonization efforts.
Editorial Comment: Advancing catalyst technologies and a focus on plant optimization/efficiency
For nearly 100 yr, catalysts have been used within the processing industries.
Business Trends: Tier 3 gasoline production: The value of flexibility in volatile fuel markets
Despite the forecasted trend of declining demand for transportation fuels, many markets still depend heavily on these crude oil derivatives to sustain economic activity.
Global Project Data
According to Gulf Energy Information’s Global Energy Infrastructure database, the Asia-Pacific region continues to lead in active projects in the hydrocarbon processing industry.
U.S. crude oil output fell in April as demand slowed
U.S. field production of crude oil fell in April to 12.615 million bpd, its lowest since February, the U.S. Energy Information Administration said.
Is oil market’s glass half full or half empty?
Global petroleum prices appear reasonable given the level of inventories – to the frustration of the producers who would like them to be significantly higher.
Oil heads for fourth straight quarterly decline
Oil prices rose above $75 a barrel but were on course for a fourth consecutive quarter of losses amid concerns over sluggish global economic activity and fuel demand.
Fashion industry driving demand for green shipping, Maersk says
Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk, as the sector faces pressure from consumers and regulators to reduce their climate footprint.
- Dow Chemical, Innventure to collaborate on waste-to-value platform 12/19
- Technip Energies, LanzaTech awarded U.S. DOE funding for breakthrough CO2-to-ethylene technology 12/19
- Verde Clean Fuels receives $50-MM investment from Cottonmouth Ventures for the potential development of GTG plants in the Permian Basin (U.S.) 12/19
- India to surpass China as the top source of global oil consumption growth in 2024 and 2025 12/19
- Neste to supply SAF to Air New Zealand marking the airline’s largest purchase of SAF to date 12/19
- KazAzot to use KBR tech for Kazakhstan's first world-scale fertilizer complex 12/19
