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Construction

Technip Energies awarded a significant contract for IOCL’s grassroots naphtha cracking unit at Paradip (India)

Technip Energies has been awarded a significant contract by Indian Oil Corporation Limited for the license, basic engineering design package, proprietary equipment and catalyst supply and related services for the 1.5-MMtpy Paradip naphtha cracker unit block of the grassroot petrochemical complex in Paradip, India.

bp to acquire full ownership of bp Bunge Bioenergia while refocusing plans for new biofuels projects

bp has agreed to acquire Bunge’s 50% holding interest in its bp Bunge Bioenergia S.A. joint venture, one of Brazil’s leading biofuels-producing companies.

PTTGC wants to turn Map Ta Phut (Thailand) into petrochemicals hub

The company aims to build growth opportunity for Map Ta Phut to position it as a Southeast Asian hub.

White Summit to invest €250 MM in Spanish green methanol plant

Infrastructure investment firm White Summit Capital will invest €250 MM ($267 million) in a green hydrogen and methanol plant in Spain. 

Grace licenses UNIPOL polypropylene technology to Bharat Petroleum Corp. Ltd.

W. R. Grace announced that Bharat Petroleum Corporation Limited (BPCL), the second largest Indian oil marketing company, has expanded its licenses for Grace’s UNIPOL® polypropylene (PP) process technology.

U.S. oil refining capacity rises for second year in a row, reaching > 18.3 MMbpd

U.S. crude oil refining capacity rose 1.5% to 18.38 MMbpd this year, a government report showed on Friday as a major new expansion in Texas boosted capacity.

OMV to invest €750 MM at Petrobrazi to produce sustainable fuels

OMV Petrom will invest approximately €750 MM at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the region.

Vast and Mabanaft advance Port Augusta green methanol project in Australia

Vast Renewables Ltd., a renewable energy company planning to power green fuels production with its concentrated solar thermal power (CSP) energy systems, announced it has signed a Joint Development Agreement (JDA) with global energy company Mabanaft to advance Solar Methanol 1 (SM1), a CSP-powered green methanol reference plant.  

Glocal Green, Norwegian Hydrogen to build large-scale bio-eMethanol facility in Norway

Ålesund-based Glocal Green and Norwegian Hydrogen have entered into a collaboration agreement on large-scale production of what is also known as bio-e-methanol.

Cerilon GTL advances engineering work, with FID scheduled for mid-2026

Cerilon announced today that it has successfully completed front-end-loading (FEL 2) for its gas-to-liquids (GTL) facility in North Dakota and is moving into front-end engineering design (FEED), the last stage before the company makes a final investment decision (FID) for its foundational GTL project.