Economics
McDermott awarded PMC contract from IOCL
McDermott has been awarded a project management consultancy contract from India Oil Corporation Limited for the Maleic Anhydride (MAH) unit at the Panipat Refinery and Petrochemical Complex, located 62 miles from New Delhi, India.
U.S. EPA recommends delaying electric vehicles biofuel program
The U.S. Environmental Protection Agency has recommended delaying a scheme that would give electric vehicle manufacturers tradable credits under a federal biofuel program, in a final rule that the White House will now review.
China’s petroleum trade subdued at start of 2023
China’s petroleum trade has disappointed bulls hoping for a rebound at the start of the year to tighten global crude inventories, which helps to explain why benchmark oil prices have fallen progressively since late January.
Lummus acquires water and wastewater treatment technologies from Siemens Energy
Lummus Technology announced that it has reached an agreement with Siemens Energy to acquire assets from their water solutions portfolio including intellectual property and copyrights, trade secrets, and research and development properties. The technologies address water and wastewater needs of the oil and gas industry using carbon adsorption, biological treatment and hydrothermal processes.
Iraq awaits final answer from Turkey to resume exports
Iraq is still waiting for a final answer from Turkey to resume its northern oil exports, which run from the semi-autonomous Kurdistan region to the Turkish port of Ceyhan, Iraq's oil minister Hayan Abdel-Ghani said.
Methane hunters tap new technology to reshape policing of U.S. greenhouse emissions
Charlie Barrett walks through an oilfield in New Mexico's southeastern desert, where the air smells of rotten eggs and old pumpjacks sit among shrub oaks, and turns on an infrared camera that can detect emissions from oil and gas equipment.
Czechs take next step to eliminate Russian oil from Polish-owned refineries
The Czech Republic can cover its oil needs through shipments via the Transalpine Pipeline pipeline from 2025, Prime Minister Petr Fiala said after the country signed a deal to boost capacity along the link.
Oil rises on supply outlook, Saudi speculator warning
Oil rose supported by optimism the U.S. would avoid a debt default, a tighter market outlook and a warning from the Saudi energy minister to speculators that raised the prospect of further OPEC+ cuts to support the market.
SAR Technology Inc. contracts MECS for spent e-grade acid regeneration plant
SAR Technology Inc., located in Tainan, Taiwan, has contracted with MECS, Inc., a subsidiary of Elessent Clean Technologies, for the supply of MECS proprietary technology and equipment in support of a new spent acid regeneration plant.
GenH2 and ZeroAvia sign MoU to develop liquid hydrogen technologies for airports
GenH2 has executed an MOU with hydrogen-electric propulsion developer ZeroAvia to develop liquid hydrogen aviation infrastructure solutions for use in airport environments.
- KBR to provide technology for mega-scale ammonia plant in Angola 11/25
- Indian refiners' October crude processing up over 3% y/y 11/25
- Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France 11/25
- Hexagon collaborates with Microsoft to enhance industrial operations 11/25
- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
