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Project Management

Tanker rates for refined petroleum products reach multiyear highs during 2022 (1)

Rates for petroleum product tankers that carry low-sulfur petroleum products, including refined petroleum products such as motor gasoline, diesel fuel, jet fuel, and naphtha, reached multiyear highs this summer.

Strike action to resume at Exxon Mobil’s UK Fawley oil refinery in January

Strike action at Exxon Mobil’s 270,000 bpd Fawley oil refinery in southern England is set to resume on Jan. 9, a GMB union spokesperson said this week.

ADNOC Acquires 24.9% Stake in OMV

Abu Dhabi National Oil Company (ADNOC) and Mubadala announced a transaction involving OMV, a global energy and chemicals group, headquartered and listed in Vienna, Austria.

Lummus to provide digitalization services to Zhangzhou CHIMEI Chemical Company

Lummus Technology announced it has been awarded a contract by Zhangzhou CHIMEI Chemical Co. Ltd. for digitalization services at their petrochemical facility in Gulei, Fujian Province, China.

Topsoe is technology partner in Europe's largest green-fuel project for shipping

Ørsted takes final investment decision to build Europe’s largest production facility, FlagshipONE, for green fuel for the shipping industry.

India may split planned mega refinery to various sites

India is considering building several refineries instead of a single mega plant planned with Saudi Aramco and Abu Dhabi National Oil Company (ADNOC), due to challenges in acquiring land.

Rockwell Automation partners with Fortinet to secure operational technology environments

Rockwell Automation, Inc. announced that Fortinet integrated, and automated cybersecurity solutions, has joined the PartnerNetwork Program as a Gold Technology Partner.

Innovations in process and power generation: The Bentley finalists

At the 2022 Year in Infrastructure Conference and Going Digital Awards, Bentley Systems brought finalists from around the world to present their innovations in various forms of infrastructure.

Online Feature: CCUS: Dispelling myths about risk

The presence of a strong regulatory structure, risk valuation tools that suggest lower risk values than previously envisioned and access to available insurance can help dispel the myth that CCUS is too risky and help everyone—project developers, financiers, policy makers and the public—have greater confidence in CCUS as it develops into a more widespread industrial activity.

Shell Lubricants and Blue Tide Environmental to work together to progress circular economy

Pennzoil-Quaker State Company, a subsidiary of Shell plc, has acquired a 49% interest in Blue Tide Environmental LLC, a company focused on building a global network of lubricant recycling facilities.