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Europe

Proactive Decision-Making for Emissions Management: The Roadmap to Net Zero

Industry leaders have committed to achieving net-zero carbon emissions by 2050.

OMV, ADNOC to iron out terms of deal for chemicals tie-up

Abu Dhabi National Oil Co and Austria's OMV are poised to resume talks to agree final terms of a tie-up that would create a chemicals group with more than $20 B in combined annual sales.

Operations at damaged Russian fuel complex seen resuming within weeks

Russian energy company Novatek is likely to resume large-scale operations at its Ust-Luga processing complex and Baltic Sea terminal within weeks, following a suspected drone attack seen disrupting naphtha flows to Asia

Riding the wave of transition to a sustainable chemical industry

Aspen Technology: Khanlari, A.  |  Beck, R.

The chemical industry has shown resilience in addressing economic turbulence and supply chain disruptions after the COVID 19 pandemic.

Global Project Data

Hydrocarbon Processing Staff: Nichols, Lee

Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking nearly 1,100 active projects in the hydrocarbon processing industry (HPI).

Norsk e-Fuel closes e-fuels agreements with Norwegian Air Shuttle and Cargolux

Norsk e-Fuel achieved key partnership milestones by finalizing substantial agreements for offtake and investment, securing commitments from international airlines Norwegian Air Shuttle and Cargolux Airlines International S.A. to purchase fossil-free aviation fuel.

Russia's Ryazan oil refinery reports fire, no injuries

A fire tore through Ryazan oil refinery, Russia's third-largest, the Komsomolskaya Pravda newspaper said, quoting emergency services.

Italy's Eni, LG Chem press ahead with South Korea's biorefinery project

Eni's sustainable mobility unit Enilive has signed joint venture agreement with LG Chem to develop a biorefinery in South Korea.

Naphtha markets brace for margin squeeze amid supply glut in 2024

Global naphtha markets will likely suffer from lower profit margins in 2024 as refining and petrochemical capacity expansions in China and the Middle East outpace plastics demand growth globally.

INEOS polymer used to create world’s first sustainable gas pipeline

INEOS produced bio-based high-density polyethylene has been used to create the world’s first fully sustainable gas pipeline. Installed by French gas utility network operator, GRDF, the pipeline only uses the low carbon footprint polymer.