Economics
The illusion of accuracy in analyzing plant failures
This article highlights the challenges faced by plant engineers in accurately determining damage mechanisms, discussing three common illusions of accuracy including temperature limits, reliance on single references, and confirmation bias during failure investigations.
OCP and Fortescue to partner to develop green energy, hydrogen and ammonia in Morocco
OCP Group and Fortescue Energy announced a landmark JV in Morocco which aims to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets.
Bureau Veritas awards Approval In Principle for methanol dual fuel system to Sasaki Shipbuilding
Bureau Veritas has granted an Approval in Principle to Sasaki Shipbuilding Co., Ltd for its methanol dual fuel system applied in a 9,000 DWT General Cargo Ship.
U.S. refiners and chemical manufacturers lead hydrogen production and consumption
U.S. manufacturers specializing in chemicals and petroleum refining have traditionally accounted for the largest shares of both hydrogen consumption and production, and they pay the least for it.
Optimize Carbon Capture Projects to Meet Net-Zero Targets
The race to a zero-carbon future is on, and carbon capture and storage (CCS) technology has a critical role to play in achieving global sustainability goals.
Vietnam's Long Son Petrochemicals Complex to commence commercial operations in Q3 2024
The Long Son Petrochemicals Co. Ltd. has confirmed that its Long Son petrochemical complex in Ba Ria - Vung Tau province is set to start commercial operations in the third quarter of 2024.
Cenovus Energy pumps $1.5 B into Ohio refineries, plans expansion
Cenovus Energy commits to bolstering its operations in Ohio, with plans for a substantial injection of over $1.5 B into the region over the next half-decade.
German coalition agrees financing details of hydrogen network
Germany's ruling coalition agreed a financing mechanism for the country's future hydrogen network, extending a deadline for it to be built by five years to 2037 and offering protection for investors in case of bankruptcy.
EverWind Fuels announces completion of FEED for its 1st Phase 240,000-tpy green hydrogen-to-green ammonia plant
EverWind Fuels announced the completion of Front-End Engineering Design and Front-End Loading Engineering with Black & Veatch for its Phase 1 Green Hydrogen to Green Ammonia project in Point Tupper, Nova Scotia.
KBR purifier ammonia technology selected by El Nasr Company for Intermediate Chemicals in Egypt
KBR announced that its Purifier ammonia technology was selected by Wuhuan Engineering Co. Ltd. for the expansion of El Nasr Company for Intermediate Chemicals’ fertilizer complex in Egypt.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26
