Canada
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Goldman Sachs: Global LNG market to grow by 50% by 2029
Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.
Ethylene downcycle puts nearly 25% of capacity at risk of closure
A series of unprecedented challenges to the global ethylene industry means that as much as 24% of global capacity is now under some threat of permanent closure according to new research by Wood Mackenzie.
NOVA Chemicals launches Canadian Center of Excellence for Plastics Circularity
NOVA Chemicals Corporation announced the launch of its Center of Excellence for Plastics Circularity, a hub for knowledge exchange and technology development for the circular economy of plastics.
Heavy oil shortages are driving up refiners' cost
Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on effect to industries ranging from shipping and construction to Middle Eastern power plants.
Ineos shuts down Canadian unit for maintenance after chemical leak
INEOS confirmed in a statement that it had shut down the Sarnia plant for maintenance and to address an unspecified mechanical issue and did not address the extent or cause of the chemical release.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,200 active projects in the hydrocarbon processing industry.
WestJet buys first Canadian-supplied SAF by Shell Aviation
The airline said the purchase marks a milestone in its mission to achieve net zero emissions by 2050, and is a step forward in making Canada’s aviation industry more sustainable.
Renewable fuels project in Canada begins production
A Fluor Corporation project reached a major milestone recently with the production startup of the Braya Renewable Fuels facility in Come by Chance, Newfoundland and Labrador, Canada.
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.
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
- Day 2 of WGLC 2024 begins with Chevron speaker’s inspiring, relatable message 11/21
- MOL Group, KazMunayGas partner on exploring petrochemical production 11/21
- WGLC: Innovating AI adoption 11/21
- Solvay uses waste wood to power soda ash and bicarbonate plant in Germany 11/21
- Syensqo expands U.S. production capacity for advanced polymers 11/21
