http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://admin.hydrocarbonprocessing.com/news/2025/03/phillips-66-independent-board-director-pens-letter-to-shareholders-regarding-dispute-with-elliott-investment-management/ Phillips 66's Independent Board Director Bob Pease has written a letter to the company's shareholders regarding the dispute with Elliott Investment Management. http://admin.hydrocarbonprocessing.com/news/2025/03/shell-unveils-market-strategy-during-capital-markets-day/ During Shell’s Capital Markets Day 2025, it unveiled the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification. http://admin.hydrocarbonprocessing.com/news/2025/03/exxonmobil-challenges-colonial-pipeline-on-proposed-changes-to-fuel-shipping-terms/ ExxonMobil asked regulators to block changes proposed by Colonial Pipeline to its fuel shipping terms, citing potential harm to shippers and consumers, a filing with the U.S. Federal Energy Regulatory Commission (FERC) showed. http://admin.hydrocarbonprocessing.com/news/2025/03/us-ethane-production-consumption-and-exports-set-new-records-in-2024/ U.S. ethane production, consumption, and exports reached record highs in 2024. Increasing ethane recovery associated with natural gas production and continued growth in the domestic and global petrochemical sectors drove these increases. http://admin.hydrocarbonprocessing.com/news/2025/03/venezuelas-pdvsa-to-keep-producing-exporting-and-processing-oil-previously-handled-by-chevron/ Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest JV with Chevron once a license for the U.S. major to operate in the country expires next month. http://admin.hydrocarbonprocessing.com/news/2025/03/bolivia-issues-incentives-to-import-fuel-help-private-sector-meet-shortages/ Bolivia's energy ministry announced a set of incentives to import gasoline and diesel, in a bid to promote the country's private market and overcome an extended fuel shortage. http://admin.hydrocarbonprocessing.com/news/2025/02/nextchem-to-provide-technology-for-pacifico-mexinols-ultra-low-carbon-methanol-plant-mexico/ When it initiates operation in 2028, Pacifico Mexinol's facility is expected to be the largest single ultra-low carbon methanol facility in the world, producing approximately 350,000 tpy of green methanol and 1.8 MMtpy of blue methanol from natural gas with carbon capture. http://admin.hydrocarbonprocessing.com/news/2025/02/quanta-technologies-unveils-new-leadr-fcc-refining-catalysts/ The technology improves the environmental and diffusion performance of Fluid Cracking Catalysts (FCC) by narrowing the particle size distribution of the catalyst. http://admin.hydrocarbonprocessing.com/news/2025/02/air-products-exits-three-us-projects-takes-write-down-not-to-exceed-31-b/ Air Products announced its decision to exit three projects in the U.S. As a result, Air Products expects to record a pre-tax charge not to exceed $3.1 billion in its fiscal 2025 second quarter, primarily to write down assets and terminate contractual commitments. http://admin.hydrocarbonprocessing.com/news/2025/02/exxonmobils-gas-project-in-guyana-to-include-fertilizer-plant/ A large-scale gas project by ExxonMobil in Guyana set to provide natural gas and export LNG will also include fertilizer plants, the head of the U.S. oil major in Guyana, Alistair Routledge, said.