Economics
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.
China refiner ZPC enters strategic fuel marketing deal with Sinopec
Privately controlled Zhejiang Petrochemical Corp, operator of China's largest refinery, said it has reached a strategic agreement with state refining giant Sinopec on the domestic marketing of its fuel.
Primoris Services Corporation awarded contract to supply fractionator reboiler for Diamond Green Diesel’s Port Arthur SAF project
Primoris announced that its OnQuest business has been selected to supply a fractionator reboiler for Diamond Green Diesel’s SAF project at its Port Arthur, Texas plant.
Yara and Enbridge plan $2.9-B ammonia plant in Texas
Norwegian fertilizer maker Yara and Canadian pipeline company Enbridge plan to invest up to $2.9-B to build a low-carbon blue ammonia production plant in Texas.
Synthomer shares tank after profit slump in 2022, warns of subdued demand
Shares of Synthomer Plc plunged about 14% after the British polymer maker reported a slump in 2022 core profit and said demand remained subdued thus far into the year.
Japan's carbon pricing scheme being launched in April
Japan, the world's fifth-biggest CO2 emitter, will begin a carbon pricing scheme in stages from April to encourage companies to curb emissions and achieve its goal of carbon neutrality by 2050.
Norway awards offshore licenses to explore for CO2 storage
Norway said it has awarded two licenses to explore for carbon dioxide storage sites in the North Sea - one to Aker BP and a partner, and another to Germany's Wintershall Dea and its partner.
Chinese refiner Chambroad set to start bitumen plant in Hainan
China's Chambroad Petrochemicals is set to start operating a refining unit in the southern province of Hainan in May to produce mainly bitumen with an aim to export the material used to pave roads.
SP Chemicals selects Lummus' CATOFIN and Novolen Technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced an integrated technology award from SP Chemicals and its subsidiary SP Olefins.
Shell puts a stop to Singapore biofuels, base oil projects
Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore.
- 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
