Economics
Neste decides to invest in liquefied waste plastic upgrading unit at its Porvoo refinery
Neste has made the final investment decision to commence construction of upgrading facilities for liquefied plastic waste at its Porvoo refinery in Finland.
Mitsui O.S.K. Lines, Ltd. makes strategic investment in Ascension Clean Energy
MOL Clean Energy and Clean Hydrogen Works, LLC announce MCE as a Joint Venture shareholder in Ascension Clean Energy, a proposed world-scale, clean hydrogen-ammonia production and export facility in Ascension Parish, Louisiana.
Singapore May bunker sales hit over 5-year high as vessel arrivals spike
Monthly sales of marine fuel, also known as bunker fuel, hit over five-year highs at the world's largest refueling hub Singapore in May as vessel arrivals spiked amid firm container throughput, official data showed.
Bunge boosts oilseed dominance, renewable diesel potential with Viterra deal
Bunge's planned acquisition of Viterra would make the world's biggest oilseed crusher even more dominant and secure a larger role in the expanding renewable diesel industry, although it may face competition hurdles.
India soon to overtake China as largest oil demand driver
India will soon overtake China as the largest driver of global oil demand, International Energy Agency chief Fatih Birol said.
U.S. crude inventories post surprise large build, fuel stocks rise
U.S. crude oil stockpiles posted a surprise large build last week, while gasoline and distillate inventories gained more than expected.
China to become oil refining juggernaut, raising global risks
China is both the biggest driver of future demand for crude oil, and the biggest risk to global refining as it will continue to hold much of the world's spare capacity.
Cushing, OK chosen as new site for $5.6-B oil refinery project
El Campo-based Prairie Energy Partners has chosen Cushing, Oklahoma as the location for its proposed $5.6-B oil refinery project, despite property tax incentives offered by Victoria County officials in Texas.
thyssenkrupp Uhde and Johnson Matthey increase ammonia synthesis capacity at Koch Fertilizer facility
Working in collaboration, thyssenkrupp Uhde and Johnson Matthey have delivered a product solution to in-crease the ammonia capacity at Koch Fertilizer’s Fort Dodge, Iowa facility. During the revamp of the existing ammonia plant, the team integrated the uhde dual-pressure process, which was installed upstream of the existing ammonia synthesis loop.
HxGN LIVE Global 2023: Optimization at scale
The HxGN LIVE Global 2023 conference is underway June 12-15, 2023, at the new Caesars Forum convention center in Las Vegas. More than 3,600 attendees from some 70 countries are attending the digital reality technology conference, where they can experience the autonomous future, explore and discuss a broad range of challenges and opportunities common across many industries, as well as learn about the latest technologies shaping the future.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
