Carbon Management
Exxon says its decarbonization business could outgrow oil, in multi-trillion market
Exxon Mobil Corp's Low Carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company's traditional oil and gas as soon as a decade from now.
Cummins to invest over $1 B to upgrade U.S. facilities to new clean energy tech
Cummins Inc said it would invest more than $1 B across its U.S. engine manufacturing network to upgrade some facilities to support new clean energy technologies.
thyssenkrupp Uhde to cooperate with IDIP on fabrication of new modular plants for green ammonia
thyssenkrupp Uhde and Idesa Industrial Plants S.l.u. have signed a memorandum of understanding to cooperate on developing and fabricating modules for green ammonia projects.
VOC reduction at Raffineria di Milazzo’s SRU complex—Part 2
Based on new environmental regulations focusing on volatile organic compounds (VOCs) at the emissions point of a refinery’s sulfur recovery unit (SRU), Raffineria di Milazzo—a JV between Eni and Kuwait Petroleum Italia—carried out troubleshooting activities to identify and implement suitable actions to minimize the concentration of VOCs at the emissions point of the SRU complex.
Yara and Enbridge plan $2.9-B ammonia plant in Texas
Norwegian fertilizer maker Yara and Canadian pipeline company Enbridge plan to invest up to $2.9-B to build a low-carbon blue ammonia production plant in Texas.
Japan's carbon pricing scheme being launched in April
Japan, the world's fifth-biggest CO2 emitter, will begin a carbon pricing scheme in stages from April to encourage companies to curb emissions and achieve its goal of carbon neutrality by 2050.
Norway awards offshore licenses to explore for CO2 storage
Norway said it has awarded two licenses to explore for carbon dioxide storage sites in the North Sea - one to Aker BP and a partner, and another to Germany's Wintershall Dea and its partner.
Italy's Eni involved in five UK carbon capture projects
Italy's Eni said it was involved in five carbon capture projects selected by Britain in a first group of initiatives worth $25-B of government funding.
CIB to invest C$277-MM in Shell-Suncor biorefinery in Quebec
Canada Infrastructure Bank (CIB) said on Monday it would invest C$277-MM in a carbon recycling facility in Quebec run by a joint-venture backed by Shell and Suncor Energy Inc.
2023 AFPM Annual Meeting: Continuing to drive progress and energy security through innovation
The 2023 AFPM Annual Meeting kicked off Monday in San Antonio, Texas. The AFPM Annual Meeting is the world's premier refining meeting, assembling key executives, decision-makers and technical experts from refining businesses, technology providers, contracting and consulting firms, and equipment manufacturers around the world.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
