http://www.hydrocarbonprocessing.com Hydrocarbon Processing U.S. October gasoline imports hit post-pandemic low on slump in European shipments http://admin.hydrocarbonprocessing.com/news/2024/11/us-october-gasoline-imports-hit-post-pandemic-low-on-slump-in-european-shipments/ U.S. waterborne gasoline imports fell in October to their lowest since the COVID-19 pandemic, with European shipments to the U.S. Northeast hitting a record low and Asian cargoes more than halved from a year ago. MOL Group, KazMunayGas partner on exploring petrochemical production http://admin.hydrocarbonprocessing.com/news/2024/11/mol-group-kazmunaygas-partner-on-exploring-petrochemical-production/ MOL Group and Kazakhstani national oil company KazMunayGas have signed a cooperation agreement to jointly explore opportunities in the oil, gas and petrochemicals sector. This agreement builds on the successful JV in Kazakhstan, where MOL, KMG and Sinopec have been producing gas and gas condensate at the Rozhkovskoye field.   Solvay uses waste wood to power soda ash and bicarbonate plant in Germany http://admin.hydrocarbonprocessing.com/news/2024/11/solvay-uses-waste-wood-to-power-soda-ash-and-bicarbonate-plant-in-germany/ Solvay announced the official inauguration of the second biomass boiler at its Rheinberg soda ash and bicarbonate plant in Germany, phasing out the use of thermal coal for energy use at the site. With the commissioning of this new boiler, Rheinberg became the world’s first soda ash plant powered by locally sourced waste wood. Willis Sustainable Fuels selects McDermott for sustainable aviation fuel facilities in the UK http://admin.hydrocarbonprocessing.com/news/2024/11/willis-sustainable-fuels-selects-mcdermott-for-sustainable-aviation-fuel-facilities-in-the-uk/ McDermott has been awarded a master services agreement (MSA) by Willis Sustainable Fuels (UK) Limited (WSFL) for sustainable aviation fuel (SAF) facilities in the UK. ClonBio Group selects Seeq for enterprise-wide analytics http://admin.hydrocarbonprocessing.com/news/2024/11/clonbio-group-selects-seeq-for-enterprise-wide-analytics/ Seeq, a leader in industrial analytics, AI and monitoring, and ClonBio Group Ltd., an Irish agribusiness company, have announced a multi-year commercial agreement for the Seeq Industrial Analytics and AI platform to be leveraged across ClonBio’s biorefinery assets in Europe and its principal asset in the U.S. to further accelerate digital transformation outcomes. European oil giants step back from renewables path http://admin.hydrocarbonprocessing.com/news/2024/11/european-oil-giants-step-back-from-renewables-path/ Almost five years ago, bp embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power. The British company is now trying to return to its roots as a big oil and gas player with a growth story to match rivals, revive its share price and allay investor concerns over future profits. Spain's Moeve swings to quarterly loss on weak refining margins http://admin.hydrocarbonprocessing.com/news/2024/11/spains-moeve-swings-to-quarterly-loss-on-weak-refining-margins/ Spain's second-largest oil company, Moeve, formerly known as Cepsa, posted a third-quarter loss after a sharp decline in refining margins hit its energy business. Asia naphtha supply expected to remain tight over next two years http://admin.hydrocarbonprocessing.com/news/2024/11/asia-naphtha-supply-expected-to-remain-tight-over-next-two-years/ Naphtha is expected to remain in short supply in Asia over the next couple of years as more crackers come online and as demand for blending the fuel with gasoline rises. SOCAR, Baker Hughes partner on integrated gas recovery, H2S removal system at the Heydar Oil Refinery http://admin.hydrocarbonprocessing.com/news/2024/11/socar-baker-hughes-partner-on-integrated-gas-recovery-h2s-removal-system-at-the-heydar-oil-refinery/ Baker Hughes and SOCAR signed a contract for an integrated gas recovery and hydrogen sulfide (H2S) removal system that will significantly reduce downstream flaring at SOCAR’s Heydar Aliyev Oil Refinery in Baku, Azerbaijan. Germany blocks oil firms from using past emissions credits to support biofuel industry http://admin.hydrocarbonprocessing.com/news/2024/11/germany-blocks-oil-firms-from-using-past-emissions-credits-to-support-biofuel-industry/ The German cabinet approved reforms to restrict oil companies from carrying excess emissions reductions credits forward, in a step aimed at boosting the biofuel industry that was hit by a quick drop in carbon prices in recent years.