Environment
History of the HPI: The 1990s: Clean fuels and emissions mitigation, M&A, GTL and the fieldbus wars
Much like several initiatives passed in the 1970s and 1980s, the 1990s were a decade heavily focused on environmental issues, with many new regulations being enacted to not only mitigate industrial and vehicle emissions but also to advance the production of clean fuels globally.
Evaluate options for decarbonizing petroleum refineries
The energy transition requires rebuilding the energy supply infrastructure for a lower-carbon economy and renewable energy generation for industry and transportation that run more on electricity and hydrogen and less on fossil fuels and provide a circular path for consumer plastics. The growth in global oil demand is predicted to end within 10 yr, but it is still too early to foresee a rapid decline in that demand.
Green refinery challenges: Small-scale sulfur recovery
As the gavel dropped, signaling a historic agreement at the conclusion of COP26 (2021 United Nations Climate Change Conference) in Glasgow, Scotland, leaders from 197 nations agreed to continue supporting the goal of limiting global warming to 1.5°C above pre-industrial levels. The race is on!
Wood appointed owner’s engineer for Strike’s fertilizer plant in Western Australia
Wood has been appointed as owner’s engineer for the delivery of Project Haber, Strike Energy’s $3 B 1.4 MMtpy urea fertilizer production facility to be built in Western Australia.
Sainsbury’s partners with Williams Advanced Engineering for sustainable start-up projects with £5 MM investment
Sainsbury’s has announced the launch of Sainsbury’s Innovation Investments which will invest a minimum of £5 MM over the next four years into start-up businesses commercializing innovative, sustainable technologies that look to reduce operational carbon emissions and water usage.
American Airlines, Gevo sign agreement for purchase of SAF
American Airlines announced it has finalized an agreement with biofuel company Gevo, Inc. for SAF. Over five years, American has committed to purchasing 500 MM gallons of SAF, the most significant SAF offtake commitment to date for the carrier.
Lummus Introduces Industry's first net zero ethane cracker
Lummus Technology announced the launch of a major enhancement to its leading ethane feed steam cracker that is capable of achieving zero CO2 emissions from an ethylene plant.
The downstream rundown: In case you missed it 7/8
In case you missed any downstream news, here are the top stories from last week.
History of the HPI: The 1980s: Oil spike/collapse, liquid crystals, conducting polymers and the rise of AR/VR
Several major impactful events took place in the global oil and gas and petrochemical industries in the 1980s.
Enabling a circular economy delivery model through truckable modularization
As resources become scarcer, and as costs continue to rise, companies are looking for new methods to reduce their material feedstock costs and remain competitive.
- Borouge reaffirms commitment to local manufacturing with new industry supply agreements 1/10
- Update: Turkey's Izmir refinery now expects to restart crude unit in Feb, IIR says 1/10
- Pertamina unit to produce ISCC-certified SAF in 1Q 1/10
- WTO panel largely backs EU in palm oil case against Indonesia 1/10
- Howard Energy Partners acquires ethylene pipeline from EPIC Midstream Holdings 1/10
- U.S. to impose further sanctions on Russian oil fleet and traders 1/10
