Economics
Research and application of proprietary cold oil absorption technology in the recovery of refinery dry gases
With the increasing shortage of global energy and resources, the recovery and utilization of refinery dry gases have become important topics of concern.
Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
Several refiners are evaluating a new gasoline-formulation technology called hydrogen (H2)-rich-content (HRC) gasoline. This patented technology uses low-sulfur, H2-rich refinery blendstocks like straight-run gasoline, isomerates, alkylate, butanes and renewable naphtha in gasoline blends, and adds aromatic amines (a high-octane gasoline additive) to make a drop-in specification gasoline.
A multi-objective optimization study for an integrated oil refinery-petrochemical plant—Part 2
In this research, the integration of an oil refinery and an ethylene-producing facility was examined using a mixed-integer nonlinear programming model that prioritized maximizing ethylene and propylene production and net profit.
Global Project Data
Spotlight on Asia
PTTGC wants to turn Map Ta Phut (Thailand) into petrochemicals hub
The company aims to build growth opportunity for Map Ta Phut to position it as a Southeast Asian hub.
Amogy and Plastic 2 Green partner to pioneer ammonia energy solutions
Amogy announced the signing of a Memorandum of Understanding (MoU) with Plastic 2 Green (P2G) to explore the integration of Amogy’s ammonia-to-electrical power system as a backup/supplementary power source for P2G’s green ammonia manufacturing facilities.
Financial alliances build as Citgo share auction enters last mile
At least five groups of investors submitted binding bids this month in a U.S. court-ordered auction of shares in Citgo Petroleum's parent, and three have secured financing commitments for Venezuela's foreign crown jewel.
OMV to invest €750 MM at Petrobrazi to produce sustainable fuels
OMV Petrom will invest approximately €750 MM at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the region.
Glocal Green, Norwegian Hydrogen to build large-scale bio-eMethanol facility in Norway
Ålesund-based Glocal Green and Norwegian Hydrogen have entered into a collaboration agreement on large-scale production of what is also known as bio-e-methanol.
U.S. court to allow Citgo share-auction bidders to raise offers
A U.S. court overseeing the auction of shares in Venezuela-owned Citgo Petroleum's parent has told bidders seeking to acquire the seventh-largest U.S. oil refiner they may raise their offers after Tuesday's filing deadline.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
