Asia/Pacific
Indorama Ventures secures $200-MM loan from IFC to drive sustainability program
Indorama Ventures, a global sustainable chemical producer, has secured a new 7-yr loan totaling $200 MM from the International Finance Corporation (IFC) to help fund the continued growth of the company’s strategic sustainability programs in India, Thailand and Indonesia, and promote a circular economy as a leading PET recycler.
KBR green ammonia technology selected by OCIOR Energy in India
KBR’s green ammonia technology, K-GreeN®, has been selected by OCIOR Energy for its plant located in Odisha’s Gopalpur region, India. This will be the 10th KBR-licensed green ammonia plant globally and the first to be located in India.
Hygenco, Ameropa ink cooperation for supply of green ammonia
Hygenco Green Energies and Ameropa sign green ammonia supply agreement from Hygenco's planned 1.1-MMtpy green ammonia facility in India.
Sungrow Hydrogen wins contract for world's largest green H2, ammonia and methanol integrated project
Sungrow Hydrogen was awarded a contract by China Energy Engineering Corporation for the Songyuan Hydrogen Energy Industrial Park project in Jilin China, the world's largest green hydrogen, ammonia and methanol integrated project.
Blaze put out at Russian oil reservoir after Ukrainian drone strike
A Ukrainian drone attack caused a fire to break out at an oil reservoir for Russia's Druzhba pipeline in the Tambov region southeast of Moscow on Friday, but the blaze was extinguished within hours.
JERA ends ammonia co-firing trial at coal power station with positive results
JERA, Japan's biggest power generator, said it has concluded a three-month trial of co-firing 20% of ammonia with coal at its Hekinan thermal power station in central Japan with positive results.
New DNV survey highlights oil and gas sector paradox
The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.
Russian oil and gas revenues set to rise by 50% y/y in June, refinery subsidies decrease
Russia's oil and gas revenue in June is set to rise by more than 50% year on year to $9.4 B, after a decrease in subsidies to refineries and reflecting the Russian economy's ability to limit the impact of sanctions.
Russian gasoline output lags June expectations
Russian gasoline production has increased by only 2% from May's average in the first 18 days of June, less than expected by the energy ministry, the Kommersant newspaper reported on Monday, citing sources familiar with the official data.
China's LNG imports set to slow
China appears to have taken advantage of low prices in the spot market so far in 2024 to boost the amount of gas in storage, absorbing some of the extra fuel that would otherwise have been sent to Europe.
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
- Day 2 of WGLC 2024 begins with Chevron speaker’s inspiring, relatable message 11/21
- MOL Group, KazMunayGas partner on exploring petrochemical production 11/21
- WGLC: Innovating AI adoption 11/21
- Solvay uses waste wood to power soda ash and bicarbonate plant in Germany 11/21
- Syensqo expands U.S. production capacity for advanced polymers 11/21
