Economics
Vitol buys first naphtha cargo from Nigeria's Dangote oil refinery
Trading house Vitol has bought the first naphtha cargo produced for export by Nigeria's new 650,000-bpd Dangote oil refinery.
Technip Energies invests in the United Airlines Ventures Sustainable Flight Fund
This innovative fund is strategically designed to leverage cross-industry support, providing start-ups working on SAF research, production and technology, with both financial and strategic capital.
KT awarded Eni contract for hydrogen production in Livorno plant biorefinery conversion
MAIRE announced that its subsidiary KT - Kinetics Technology (Integrated E&C Solutions) has been awarded an EPC contract by Italian Energy company Eni to build a hydrogen production plant at Eni’s Livorno refinery.
Asia's SAF projects and agreements
SAF, or alternative fuel made from renewable sources that are used to power aircraft, is crucial for the aviation sector to reach its goal of net zero carbon emissions by 2050, but its adoption remains in a nascent phase. Following is a look at other SAF projects and agreements in the Asia-Pacific region.
Sir Ratcliffe warns Europe is “sleepwalking towards offshoring its industry, jobs, investments”
Sir Jim Ratcliffe, Chairman and Founder of INEOS, has written to Ursula von der Leyen, President of the European Commission, warning that Europe is “sleepwalking towards offshoring its industry, jobs, investments, and emissions.”
BAYEGAN selects Lummus for integrated PDH and PP complex
BAYEGAN will license Lummus' CATOFIN technology for a new 450 KTA propane dehydrogenation unit and Lummus' Novolen technology for a new 450 KTA polypropylene unit.
Biden administration (U.S.) to approve E15 gasoline expansion starting in 2025
The White House (U.S.) will approve a request from a group of Midwest governors to allow year-round sales of gasoline with higher blends of ethanol, but will push the start date into next year.
Digitalization in refineries: A strategic roadmap for operational excellence—Part 1
The refinery industry is one of the biggest industries worldwide. According to Statista, the global oil refinery capacity tipped 100 MMbpd in 2022. This capacity reflects nearly a twofold increase since 1970.
Planning a practical path to net-zero
Many companies around the world and across the size spectrum have committed to aggressive carbon-neutral targets and are now looking to their production sites for practical plans on how to achieve these goals.
CITGO enters EV space with pilot program in Michigan (U.S.)
CITGO Petroleum Corporation, along with longtime Marketer Folk Oil Company, recently launched an electric vehicle charging pilot program designed to meet the needs of EV drivers in Battle Creek, Michigan.
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
- Mexico–U.S. energy trade value fell in 2023 on lower fuel prices 7/16
- Belarus' Mozyr oil refinery restoring operations after outage due to storm 7/16
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
