Economics
Enerkem to retire its Edmonton Biofuels facility
Enerkem announced that it will be retiring its Enerkem Alberta Biofuels plant in Edmonton.
SOCAR ships Azeri BTC oil to Thailand via Cape of Good Hope
Azerbaijan's state oil company SOCAR is shipping Azeri BTC oil to Thailand via Africa's Cape of Good Hope to avoid the Red Sea.
LyondellBasell beats Q4 profit estimates as lower ethane costs benefit
LyondellBasell LYB.N beat Wall Street estimates for fourth-quarter profit on Friday, on stable demand for its chemicals in the U.S. polyethylene market.
U.S. manufacturers poised for resumed growth, diesel shortage
Consumption of diesel and other distillate fuel oils is closely correlated with the manufacturing and freight cycle so the business upturn is very likely to result in renewed growth in distillate use in 2024.
Evergreen, X-Press Feeders sign green methanol shipping agreement
Taiwanese container shipping major Evergreen Marine has signed an agreement to use Singapore-based X-Press Feeders' new green methanol ships in Europe.
Power loss forces bp to shut biggest U.S. Midwest refinery
bp was purging its 435,000-bpd Whiting, Indiana, hydrocarbon refinery after a transformer failure caused a plant-wide power outage and forced an evacuation of all but the most essential workers.
Stamicarbon secures contracts for ultra-low energy urea plant in China
Jiangsu Huachang Chemical Company awards to Stamicarbon, the nitrogen technology licensor of the MAIRE engineering group, licensing and equipment supply contracts for a urea melt plant in China.
Yokogawa releases Extractive Tunable Diode Laser Spectrometer TDLS8220
Yokogawa Corporation of America announced the release of the Extractive Tunable Diode Laser Spectrometer TDLS8220, a new generation OpreX Analyzer product.
ERIKS North America honors founding legacy with rebrand to LGG Industrial
ERIKS North America, a provider of fluid handling, sealing, and material conveyance solutions, is rebranding to LGG Industrial.
Iran's oil minister traveling to Venezuela for talks on refining, petrochemicals
The ministers plans to discuss joint refining, engineering and petrochemical projects, including the overhaul of Venezuela's refineries
- 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
