Economics
China's big refineries crowd out teapots for discounted Russian oil
Chinese state oil giants and major private refiners are sweeping up more Russian crude, supporting prices and forcing smaller independents to seek out cheap alternatives such as Iranian oil.
Neste supplies SAF to Air Canada for flights from San Francisco International Airport
Neste and Air Canada are expanding their collaboration with an additional supply of 2.5 million gallons of Neste MY Sustainable Aviation Fuel.
MECS awarded spent acid regeneration plant at Sinopec Zhenhai
Sinopec Zhenhai Refining and Chemical Co., Ltd has contracted with MECS, Inc. and MECS Chemical Plants Equipment Co., LTD. for the license, design, engineering, and equipment for a spent sulfuric acid regeneration plant.
Digital Feature: Reducing the carbon impact of oil and gas projects toward net-zero with operations science
This work provides details on how optimized project management can help companies minimize greenhouse gas emissions in capital projects and their supply networks. As explained, this approach is a significant opportunity that can be capitalized to further reduce not only emissions but also the cost and duration of project delivery.
LEGO, Novo Nordisk agree to buy green methanol for plastic production
Toymaker LEGO said it had agreed to buy e-methanol, a lower-carbon alternative to conventional plastic ingredients, for use in its colorful plastic bricks when the world's first large-scale plant starts operations next year.
St. Charles Clean Fuels proposes $4.6-B reduced-carbon ammonia facility in St. Rose
St. Charles Clean Fuels is exploring the feasibility of building a $4.6-B ammonia production and export facility in St. Charles Parish, Louisiana.
France's Avril turns biodiesel focus to trucks from cars
French oilseed group Avril plans to double output of its 100% biodiesel fuel aimed at fleet trucks in 2023, at the expense of standard biodiesel mixed in car fuel, after the business helped the group post record results last year.
Aggreko launches industry’s largest heat exchanger and exclusive Hastelloy-c Crossflow Exchanger
Aggreko announced the launch of two new rental heat exchanger fleets, the Large Node Heat Exchanger and the Hastelloy-C Crossflow Heat Exchanger.
Maire Tecnimont Group awarded new technology and high-value engineering contracts for approximately $90 MM
Maire Tecnimont S.p.A. announces that some of its Sustainable Technology Solutions subsidiaries have been awarded several new contracts for technology licensing and engineering services for an overall value of approximately $90 MM.
Stamicarbon signed to license its largest Ultra-Low Energy urea plant
Stamicarbon has signed a contract covering PDP, licensing and equipment supply for an Ultra-Low Energy grassroots urea plant in Jiangxi province, China.
- Kumho Mitsui Chemicals to increase capacity of MDI production facilities 12/15
- ABS, Eneos, NYK Line and Seacor Holdings launch joint study to develop a methanol marine fuel supply network in the U.S. 12/15
- ENEOS accelerates AI-driven materials discovery of immersion cooling fluids and novel catalysts Using NVIDIA ALCHEMI 12/15
- SAMSUNG E&A wins FEED contract for nearly $5-B SAF plant in the U.S. 12/15
- KBR wins green ammonia project by IGNIS in Spain 12/15
- Phillips 66 announces $2.4-B capital budget for 2026 12/15

