Economics
Iran Revolutionary Guards seize two vessels smuggling 4.5 million liters of fuel
Iran's Revolutionary Guards' Navy have seized two vessels smuggling 4.5 million liters of fuel.
Lummus and NET Power sign strategic supplier agreement for heat transfer equipment
Lummus Technology announced it has signed a Strategic Supply Agreement with NET Power Inc. to design and supply recuperative heat exchangers for NET Power's near-zero emissions power generation process.
Nextchem (Maire Group) awarded a process design contract by DG Fuels for a bio-waste to SAF facility in the U.S.
MAIRE S.p.A. announces that NEXTCHEM, through its subsidiary MyRechemical, leading the Waste-to-Chemical segment, has been selected by DG Fuels Lousiana to provide the Process Design Package in relation to a SAF facility under development in St. James Parish, Louisiana (U.S.).
Lummus and Toshiba announce partnership for advanced carbon capture solutions
Lummus Technology and Toshiba Energy Systems & Solutions Corporation announced a master collaboration agreement to jointly pursue carbon capture projects.
Two new petrochemical plants are coming online in India
Two multi-billion-dollar petrochemical plants are coming online in India in coming months at a time of weaker-than-expected demand, setting the stage for fierce price competition domestically and internationally.
Outokumpu and Alfa Laval join forces to reduce emissions in stainless steel production
Outokumpu and Alfa Laval have entered into a contract regarding the delivery of Outokumpu Circle Green stainless steel.
CLARITY – Clariant’s service portal digitally boosts technical support for 80+ catalyst customers worldwide
Clariant announced the favorable adoption and excellent performance of its digital service platform for catalyst customers.
Fluor announces Q3 contracts from Dow for net-zero ethylene cracker and derivatives complex in Canada
Fluor Corporation was awarded two contracts from Dow for the construction of the world’s first net-zero scope 1 and 2 emissions integrated ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada.
Suez Canal and Scatec sign $1.1-B green methanol MoU
Egypt's Suez Canal economic zone and Scatec ASA have signed a memorandum of understanding worth $1.1 B to supply ships with green fuel.
Kuwait's al-Zour refinery now fully operational
Kuwait Integrated Petroleum Industries Company said in a statement that the third and final units at the al-Zour refinery are now operational.
- Iraqi cabinet approves $4.6-B Basrah-Haditha oil pipeline project 12/31
- China issues 2025 crude quota to Sinochem for eastern China refineries 12/31
- Ukraine hits Russian oil depot in Smolensk region 12/31
- Oil rises on diesel demand boost in sparse holiday trade 12/31
- Stamicarbon awarded licensing, PDP contracts for low-carbon fertilizer plant in Canada 12/30
- Avina Clean Hydrogen to build $820-MM SAF plant in southwest Illinois (U.S.) 12/30
