Economics
Cenovus Energy pumps $1.5 B into Ohio refineries, plans expansion
Cenovus Energy commits to bolstering its operations in Ohio, with plans for a substantial injection of over $1.5 B into the region over the next half-decade.
German coalition agrees financing details of hydrogen network
Germany's ruling coalition agreed a financing mechanism for the country's future hydrogen network, extending a deadline for it to be built by five years to 2037 and offering protection for investors in case of bankruptcy.
EverWind Fuels announces completion of FEED for its 1st Phase 240,000-tpy green hydrogen-to-green ammonia plant
EverWind Fuels announced the completion of Front-End Engineering Design and Front-End Loading Engineering with Black & Veatch for its Phase 1 Green Hydrogen to Green Ammonia project in Point Tupper, Nova Scotia.
KBR purifier ammonia technology selected by El Nasr Company for Intermediate Chemicals in Egypt
KBR announced that its Purifier ammonia technology was selected by Wuhuan Engineering Co. Ltd. for the expansion of El Nasr Company for Intermediate Chemicals’ fertilizer complex in Egypt.
Avina unveils plans for cutting-edge SAF plant in the U.S. Midwest
Avina, a developer of clean hydrogen and derivative fuels solutions, announced plans for a cutting-edge SAF plant in the Midwest region set to commence operations in 2027.
ExxonMobil launches new wax product brand: Prowaxx
ExxonMobil Corporation, which has been serving wax customers for more than 125 years, is affirming its commitment to the industry by introducing a new product brand, Prowaxx.
Neste and Lotte Chemical team up on renewable chemicals and plastics
Neste and South Korean chemical company Lotte Chemical are teaming up to make chemicals and plastics more sustainable and will embark on a strategic collaboration to replace fossil resources with renewable raw materials in the manufacturing of chemicals and plastics.
ACME Group and Hydrogenious LOHC Technologies to jointly explore hydrogen value chains from Oman to Europe
ACME Group and Hydrogenious LOHC Technologies, have signed a Memorandum of Understanding to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply chains from ACME’s projects in Oman to supply hubs in Europe using the innovative LOHC technology.
OCI Global and COMPO EXPERT announce long-term lower carbon ammonia supply for the production of lower carbon NPK fertilizers
OCI Global, a producer of nitrogen, methanol, and hydrogen products is supplying COMPO EXPERT, a producer of high-quality specialty fertilizers and biostimulants, with lower carbon ammonia for use in the production of COMPO EXPERT’s NPK fertilizers, with the first delivery having taken place.
Fuel exports via Russian Railways down 12.7% y/y in March
Fuel exports via Russian Railways' network fell 12.7% year-on-year in March, the Interfax news agency reported.
- 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
