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Hydrocarbon Processing Staff: Nichols, Lee

According to Gulf Energy Information’s Global Energy Infrastructure database, the Asia-Pacific region continues to lead in active projects in the hydrocarbon processing industry.

Is oil market’s glass half full or half empty?

Global petroleum prices appear reasonable given the level of inventories – to the frustration of the producers who would like them to be significantly higher.

Oil heads for fourth straight quarterly decline

Oil prices rose above $75 a barrel but were on course for a fourth consecutive quarter of losses amid concerns over sluggish global economic activity and fuel demand.

Fashion industry driving demand for green shipping, Maersk says

Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk, as the sector faces pressure from consumers and regulators to reduce their climate footprint.

Yara, BASF assess low-carbon blue ammonia project on US Gulf coast

Norway's Yara and chemicals giant BASF are looking into developing and building a low-carbon blue ammonia production facility in the U.S Gulf coast region, the two companies said in a joint statement.

Russia faces no domestic gasoline shortage with exports down

Russia's energy ministry said it sees no shortage of gasoline in the domestic market, with companies having cut their exports and increased production after gradually completing planned maintenance work.

Axens builds on ExxonMobil MTBE Decomposition Technology for high purity isobutylene production

ExxonMobil Catalysts and Licensing LLC and Axens have signed an exclusive licensing alliance agreement allowing Axens to include ExxonMobil’s MTBE Decomposition Technology for high purity isobutylene in its portfolio.

BASF Venture Capital invests in startup DePoly SA

BASF Venture Capital GmbH announced an investment in the Swiss startup DePoly SA, a sustainable plastic solutions provider developing a unique chemical recycling technology.

Kent wins FEED contract for ExxonMobil’s large-scale plastic waste advanced recycling program

Kent has been appointed as the Front-End Engineering Design contractor for potential expansion of ExxonMobil’s advanced recycling facilities.

Lummus Technology and MOL Group establish partnership for advanced waste plastic recycling

Lummus Technology and MOL Group have announced their agreement to cooperate in the deployment and integration of chemical recycling of plastics at MOL's assets in Hungary and Slovakia.