Petrochemicals
A novel deep catalytic cracking technology for residue-to-chemicals processes
Over the past two decades, annual global demands for refined products and basic petrochemicals have increased by approximately 1.3% and 3.5%, respectively.
Innovations
N’GENIUS Materials Technology has developed a new series of high-strength austenitic stainless steels that the company says will transform how materials are specified and utilized across the oil and gas sector.
Industry Perspectives: Despite reaching $180 B, new project announcements are down year-over-year
Over the past year, the Global Energy Infrastructure database has tracked more than $180 B in new project announcements.
Kuwait refinery Al Zour issues its first LSFO tender
Kuwait has issued its first tender offering low-sulfur fuel oil (LSFO) from its recently commissioned Al Zour refinery, several industry sources said on Friday.
Saudi Aramco to invest in $7 B petchem project in South Korea
Saudi Aramco said it plans to invest in a $7 B project to produce petrochemicals from crude oil at its South Korean affiliate S-Oil Corp's refining complex in the port city of Ulsan.
U.S., Japan and partners mobilize $20 B to move Indonesia away from coal
A coalition of countries will mobilize $20 B of public and private finance to help Indonesia shut coal power plants and bring forward the sector's peak emissions date by seven years to 2030.
ExxonMobil and Pertamina advance regional CCS project in Indonesia
ExxonMobil Low Carbon Solutions is working to bring lower-emission technologies to market, making them accessible to hard-to-decarbonize industries, including its recent agreement with a leading global manufacturer of nitrogen and hydrogen products in Louisiana, United States.
Indian petrochemical demand could rise threefold by 2040
India's annual petrochemical consumption could nearly triple to 80 MMt by 2040 forcing the country to either raise imports or invest into building new facilities, said an executive at the nation's top refiner Indian Oil Corp.
Citgo Petroleum reports $477 MM third quarter profit
Results for the Venezuelan-owned company and other U.S. refiners have touch records this year as prices for motor fuels climbed sharply on the U.S. economic recovery and on global shortages caused by Russia's invasion of Ukraine.
Online Feature: Crude C4 alternatives for a successful grassroots petrochemicals project
The C4 value chain configuration chosen for a new petrochemical complex greatly depends on key project business case drivers, such as steam cracker feed slate, commercial and market conditions, and product value-uplift potential.
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