Environment & Safety Gas Processing/LNG Maintenance & Reliability Petrochemicals Process Control Process Optimization Project Management Refining

Economics

Libya's PFG threatens to close oil facilities to press salary demands

Libya's Petroleum Facilities Guards threatened to close all oil and gas facilities in the country's western region after the end of a 10-day deadline to authorities to meet their demands, including a 67% salary rise.

Yokogawa invests in and signs memorandum on business partnership with Tsubame BHB

Yokogawa Electric Corporation announced that it has invested in and signed a memorandum on a business partnership with Tsubame BHB Co., Ltd. which has developed an ammonia synthesis method that makes use of electride catalysts.

Russia's Feb oil exports from western ports seen around 8.2 MMt

Russia’s crude oil exports and transit from its western ports are seen at around 8.2 MMt this month, in line with market forecasts.

Vitol buys first naphtha cargo from Nigeria's Dangote oil refinery

Trading house Vitol has bought the first naphtha cargo produced for export by Nigeria's new 650,000-bpd Dangote oil refinery.

Technip Energies invests in the United Airlines Ventures Sustainable Flight Fund

This innovative fund is strategically designed to leverage cross-industry support, providing start-ups working on SAF research, production and technology, with both financial and strategic capital.

KT awarded Eni contract for hydrogen production in Livorno plant biorefinery conversion

MAIRE announced that its subsidiary KT - Kinetics Technology (Integrated E&C Solutions) has been awarded an EPC contract by Italian Energy company Eni to build a hydrogen production plant at Eni’s Livorno refinery. 

Asia's SAF projects and agreements

SAF, or alternative fuel made from renewable sources that are used to power aircraft, is crucial for the aviation sector to reach its goal of net zero carbon emissions by 2050, but its adoption remains in a nascent phase. Following is a look at other SAF projects and agreements in the Asia-Pacific region.

Sir Ratcliffe warns Europe is “sleepwalking towards offshoring its industry, jobs, investments”

Sir Jim Ratcliffe, Chairman and Founder of INEOS, has written to Ursula von der Leyen, President of the European Commission, warning that Europe is “sleepwalking towards offshoring its industry, jobs, investments, and emissions.” 

BAYEGAN selects Lummus for integrated PDH and PP complex

BAYEGAN will license Lummus' CATOFIN technology for a new 450 KTA propane dehydrogenation unit and Lummus' Novolen technology for a new 450 KTA polypropylene unit.

Biden administration (U.S.) to approve E15 gasoline expansion starting in 2025

The White House (U.S.) will approve a request from a group of Midwest governors to allow year-round sales of gasoline with higher blends of ethanol, but will push the start date into next year.