Economics
Canada's Alberta to contribute to CCUS after Ottawa commitments
Canada's province of Alberta is expected to offer more support for carbon capture utilization and storage projects now that the federal government has its incentives in place.
Exxon says its decarbonization business could outgrow oil, in multi-trillion market
Exxon Mobil Corp's Low Carbon business has the potential to generate hundreds of billions of dollars in revenue and outperform the company's traditional oil and gas as soon as a decade from now.
Cummins to invest over $1 B to upgrade U.S. facilities to new clean energy tech
Cummins Inc said it would invest more than $1 B across its U.S. engine manufacturing network to upgrade some facilities to support new clean energy technologies.
thyssenkrupp Uhde to cooperate with IDIP on fabrication of new modular plants for green ammonia
thyssenkrupp Uhde and Idesa Industrial Plants S.l.u. have signed a memorandum of understanding to cooperate on developing and fabricating modules for green ammonia projects.
The market for adipic acid is expected to develop at a consistent CAGR of 4.9% per year by 2032
Due to the production of waste nitrous oxide, the current commercial petrochemical process that produces adipic acid from KA oil and is catalyzed by nitric acid seriously pollutes the environment.
Valero's Port Arthur refinery prepares small CDU restart
Valero Energy Corp is preparing to restart the small crude distillation unit at its 335,000 bpd Port Arthur, Texas refinery after completing a planned overhaul.
Biotrend Energy to build the first commercial-scale advanced plastics recycling facility using Honeywell upcycle process technology
Honeywell announced that Biotrend Energy signed equipment supply, production license, and warranty agreements to build Turkey’s first commercialized advanced waste recycling plant using Honeywell UOP UpCycle Process Technology.
Capstone Industrial Training Solutions joins Solaris Management Consultants Inc.
Capstone Industrial Training Solutions is pleased to be joining Solaris Management Consultants Inc. and their group of companies to create a complete turnkey services partnership for the energy industry.
Chevron Lummus Global selected for Brazil's Petrobras Gaslub Hub
Chevron Lummus Global LLC announced a recent contract award from Petróleo Brasileiro S.A. for a new 12,580 bpd hydroisodewaxing unit at the GasLub Hub, a lubricant plant in Itaboraí, Rio de Janeiro state, Brazil.
Baker Hughes announces major LNG order from QatarEnergy for the North Field South Project
Baker Hughes announced an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors for the North Field South project, which will be executed by Qatargas.
- Emerson's Aspen Technology business releases new software with expanded AI capabilities, enhanced visualization and simplified workflows 5/13
- LanzaJet and BioD announce feasibility study for SAF plant in Colombia 5/13
- U.S. House targets big climate, clean energy rollbacks in budget proposal 5/13
- Chevron attempting to restart El Segundo, California refinery after taking units offline last week 5/13
- Mexico's Pemex plans to export less crude oil as new refinery starts up 5/13
- BASF is expanding its portfolio of raw materials for the production of concrete superplasticizers for the construction industry in the European market 5/13
