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United Airlines launches $100-MM SAF investment fund
United Airlines launched a more than $100 MM investment fund to support start-ups focused on the research and production of sustainable aviation fuel (SAF).
HPCL to begin ops on Barmer integrated complex in January 2024
India's Hindustan Petroleum Corp (HPCL) plans to start its 9-MMtpy Barmer refinery and petrochemical project in Rajasthan state by January 2024.
Bangladesh needs $1 B to import fuel oil and avert an energy crises
Bangladesh's private power producers will need $1 B in foreign currency to import fuel oil and avert an energy crisis this summer.
KBR launches SAF technology in alliance with Swedish Biofuels
KBR announced that it has launched sustainable aviation fuel (SAF) technology in alliance with Swedish Biofuels AB.
Cepsa to supply green ammonia to Rotterdam port
Spain's Cepsa signed a deal with three Dutch companies to supply green ammonia to a terminal in the port of Rotterdam.
Technip Energies awarded FEED contract for Arcadia eFuels' project
Technip Energies has been awarded a FEED contract by Arcadia eFuels for the world’s first commercial eFuels facility for sustainable aviation fuels.
Chlorinated polyethylene resins and elastomers market is set to reach $1.29 B
The global chlorinated polyethylene resins and elastomers market stands at $600 MM as of now and is expected to reach $1.29 B by the year 2032 at a CAGR of 8% from 2022 to 2032.
China's crude oil imports to set a record in 2023
China is expected to import a record amount of crude oil in 2023 due to increased demand for fuel as people travel more following the dismantling of COVID-19 controls and as a result of new refineries coming onstream.
Chevron Phillips Chemical secures contracted long-term supply of advanced recycled plastic feedstocks
Nexus Circular has signed a long-term commercial agreement with Chevron Phillips Chemical for the supply of a significant volume annually of circular liquid feedstocks from a new advanced recycling facility.
How digitalization is turning data into value in the heart of the refinery: FCC catalysts
Digitalization has impacted the world of refining for the past several decades.
- Russia's Ryazan oil refinery restores crude processing to 60% of pre-attack level 3/28
- Global refinery capacity totaling 3.6 MM bpd at high-risk of closure 3/28
- More than 20% of global oil refining capacity at risk, analysis finds 3/28
- SABIC Fujian Petrochemicals advances major ethylene project with Lummus technologies and services 3/28
- Singapore fuel oil stockpiles slip to two-week low 3/28
- Sri Lanka minister says Sinopec to start work on refinery by June 3/28