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Economics

Optimize Carbon Capture Projects to Meet Net-Zero Targets

The race to a zero-carbon future is on, and carbon capture and storage (CCS) technology has a critical role to play in achieving global sustainability goals.

Vietnam's Long Son Petrochemicals Complex to commence commercial operations in Q3 2024

The Long Son Petrochemicals Co. Ltd. has confirmed that its Long Son petrochemical complex in Ba Ria - Vung Tau province is set to start commercial operations in the third quarter of 2024.

Cenovus Energy pumps $1.5 B into Ohio refineries, plans expansion

Cenovus Energy commits to bolstering its operations in Ohio, with plans for a substantial injection of over $1.5 B into the region over the next half-decade.

German coalition agrees financing details of hydrogen network

Germany's ruling coalition agreed a financing mechanism for the country's future hydrogen network, extending a deadline for it to be built by five years to 2037 and offering protection for investors in case of bankruptcy.

EverWind Fuels announces completion of FEED for its 1st Phase 240,000-tpy green hydrogen-to-green ammonia plant

EverWind Fuels announced the completion of Front-End Engineering Design and Front-End Loading Engineering with Black & Veatch for its Phase 1 Green Hydrogen to Green Ammonia project in Point Tupper, Nova Scotia.

KBR purifier ammonia technology selected by El Nasr Company for Intermediate Chemicals in Egypt

KBR announced that its Purifier ammonia technology was selected by Wuhuan Engineering Co. Ltd. for the expansion of El Nasr Company for Intermediate Chemicals’ fertilizer complex in Egypt. 

Avina unveils plans for cutting-edge SAF plant in the U.S. Midwest

Avina, a developer of clean hydrogen and derivative fuels solutions, announced plans for a cutting-edge SAF plant in the Midwest region set to commence operations in 2027.

ExxonMobil launches new wax product brand: Prowaxx

ExxonMobil Corporation, which has been serving wax customers for more than 125 years, is affirming its commitment to the industry by introducing a new product brand, Prowaxx.

Neste and Lotte Chemical team up on renewable chemicals and plastics

Neste and South Korean chemical company Lotte Chemical are teaming up to make chemicals and plastics more sustainable and will embark on a strategic collaboration to replace fossil resources with renewable raw materials in the manufacturing of chemicals and plastics.

ACME Group and Hydrogenious LOHC Technologies to jointly explore hydrogen value chains from Oman to Europe

ACME Group and Hydrogenious LOHC Technologies, have signed a Memorandum of Understanding to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply chains from ACME’s projects in Oman to supply hubs in Europe using the innovative LOHC technology.