Economics
French strikes keep record crude volumes on the water, crash storage levels
French strike action has led to record amounts of crude and condensate sitting idly offshore while the country's crude stocks have plummeted.
Borouge supplies materials worth $32 M for mega projects in the Middle East and Africa
Borouge Plc is supplying sustainable ‘Made in UAE’ polyethylene materials worth $32 M that are used in several development projects across the Middle East and Africa regions.
Evonik Catalysts invests in capacity expansion to support Activated Nickel Catalysts market
Evonik Catalysts is fully on track to expand its production capacities for activated nickel powder catalysts marketed under the KALCAT and Metalyst brands at its production sites in Germany, and India.
BASF installs first-of-its-kind floating solar system to power McIntosh (U.S.) production site
As part of its sustainability goal of achieving net zero CO2 emissions1 by 2050, BASF has installed an innovative proof-of-concept floating solar system at its McIntosh, Alabama manufacturing site.
Shell publishes reports on Sustainability, Climate & Energy Transition Lobbying and Payments to Governments
Shell plc has published its 2022 Sustainability Report, its 2022 Climate and Energy Transition Lobbying Report and its 2022 Payments to Governments Report.
Saudi Aramco boosts China investment with two refinery deals
Saudi Aramco raised its multi-billion dollar investment in China by finalizing and upgrading a planned joint venture in northeast China and acquiring an expanded stake in a privately controlled petrochemical group.
Preem performs successful productions tests of Enviro’s recovered pyrolysis oil
Scandinavian Enviro Systems has been informed that the fuel company Preem has performed successful production tests of the recovered pyrolysis oil that Enviro recently supplied.
Russia diesel exports to Brazil, Turkey and Africa seen hitting new high
Russia's diesel and gasoil shipments to Brazil, Turkey and Africa were heading to new record highs in March as traders pushed into new markets following an EU ban on Russian oil products.
Colombia's Ecopetrol must grow oil, gas output to fund transition
Colombia's Ecopetrol must focus on growing its oil and gas production to fund the transition towards renewables.
Chevron Lummus Global announces ISOFINISHING Award from BPCL
Chevron Lummus Global LLC announced that Bharat Petroleum Corp. Ltd. has selected its ISOFINISHING technology for a catalytic processing unit at the Mumbai Refinery in Mumbai, India.
- Aramco signs MoU with Microsoft to help advance industrial AI and digital talent transformation 2/23
- Chandra Asri's chlor alkali-ethylene dichloride project reaches 50% completion 2/23
- Solvay to reduce production at Torrelavega soda ash plant due to market conditions 2/23
- Zeon Corp. holds groundbreaking for new cyclo-olefin polymers plant 2/23
- Honeywell adjusts acquisition agreement for Johnson Matthey's Catalyst Technologies business down to £1.325 billion 2/23
- Indorama Ventures and AMB Spa introduce industrial-scale breakthrough for recyclable multilayer trays 2/23
