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U.S.

Global refinery capacity totaling 3.6 MM bpd at high-risk of closure

As much as 3.6 MM bpd of global refinery capacity has been assessed as being under high-risk of closure, according to Wood Mackenzie’s latest refinery closure threat analysis. 

More than 20% of global oil refining capacity at risk, analysis finds

More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published, as gasoline margins weaken and the pressure to reduce carbon emissions mounts.

Global energy giants commit to accelerated transition to low-carbon future

At CERAWeek by S&P Global in Houston, Texas, executives met to network and discuss strategies for scaling technologies of the future. In a panel moderated by Atul Arya, Senior Vice President and Chief Energy Strategist at S&P Global, the panelists discussed the large-scale deployment of various technologies over the next several decades, including renewables, carbon capture, utilization and storage, hydrogen and much more.

Audubon launches unprecedented vapor recovery & reuse system for EPA compliance

Audubon Engineering Company introduced its patented Vapor Upcycle System as a sustainable-energy solution for capturing and reusing hazardous air pollutants.

Koch Modular to expand state-of-the-art pilot plant in Houston, TX (U.S.)

Koch Modular announced the expansion of its Houston, Texas (U.S.) pilot plant which will improve Koch Modular's analytical lab and testing capabilities to address customers' demand in industries spanning chemical, pharmaceutical, petrochemical, biotech, food, flavor and fragrance.

Dow introduces new polyolefin elastomer-based leather alternative for the automotive market

Dow has formulated a breakthrough option of polyolefin elastomers based artificial leather - a solution to address the automotive industry’s need to shift towards increasingly animal-free product alternatives to leather.

JERA, ExxonMobil to explore development of hydrogen and ammonia production project in U.S.

JERA, Japan's top power generator, said it has agreed with ExxonMobil to jointly explore the development of a U.S.-based low-carbon hydrogen and ammonia production project.

U.S. Department of Energy invests $200 MM in Technip Energies and LanzaTech for decarbonized ethylene facility

Technip Energies and LanzaTech are negotiating $200 MM in funding to develop technology for sustainable ethylene production, cutting emissions and creating jobs.

ExxonMobil's Karen McKee named 2024 Petrochemical Heritage Award recipient

The American Fuel & Petrochemical Manufacturers announced ExxonMobil’s Karen McKee—president of ExxonMobil Product Solutions Company—as the 2024 Petrochemical Heritage Award recipient for her outstanding contributions to the petrochemical community.

New investment strengthens Johnson Matthey’s position in the fluid catalytic cracking additives market

Johnson Matthey announced a multi-million-dollar investment in the fluid catalytic cracking additives space to enhance its innovation capabilities and strengthen its position in this market.