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Environment

HIF Global secures nearly $165-MM in investments to develop eFuels

HIF Global announced a combined investment from existing shareholders and the Japanese energy company Idemitsu Kosan, securing $164 MM to fund its eFuels projects.

GCC industry leaders solidify commitment toward plastic circularity

Arabian Gulf industry leaders reaffirmed their commitment to adopting a collaborative approach to develop plastic circularity, invest in Design for Recycling (DfR) and address plastic waste at the 13th annual Gulf Petrochemicals and Chemicals Association (GPCA) Plastics Conference.

ADNOC delivers first bulk shipment of CCS-enabled, low-carbon ammonia to Japan

ADNOC has delivered the world’s first certified bulk commercial shipment of low-carbon ammonia enabled by carbon capture and storage to Mitsui & Co., Ltd. for use in clean-power generation in Japan.

KBR awarded digital solutions contract by OCI in Texas

KBR has been awarded a contract by OCI Global (OCI) to design and deploy its proprietary operator training simulator for OCI’s 3,000-metric tpd Texas Blue Clean Ammonia facility.

Signature Aviation to offer only blended Neste MY SAF for business aviation customers at LAX terminal

Enabled by its partnership with Neste, Signature Aviation, which operates the world’s largest network of business aviation terminals, is now providing only blended Neste MY Sustainable Aviation Fuel™ to all aircraft refueling at its terminal at Los Angeles International Airport (LAX).

Iran's Persian Gulf Mehr refinery scheduled for completion in early 2025

Phase 1 construction of Iran's Persian Gulf Mehr refinery is progressing, with project completion expected in early 2025.

NOVA Chemicals launches Canadian Center of Excellence for Plastics Circularity

NOVA Chemicals Corporation announced the launch of its Center of Excellence for Plastics Circularity, a hub for knowledge exchange and technology development for the circular economy of plastics.

U.S. renewable diesel glut hits refiners' margins

A rush by U.S. fuel makers to recalibrate their plants to produce renewable diesel has created a supply glut for low-emissions biofuels, hammering profit margins for refiners and threatening to impede a young industry.

Worley selected to support the Bayou Bend CCS project

Worley, a global professional services company of energy, chemicals and resources experts, has been selected to design and evaluate carbon dioxide (CO2) gathering, handling and sequestration facilities for the Bayou Bend CCS LLC (Bayou Bend) joint venture located along the Gulf Coast in Southeast Texas.

Vertex Energy pauses renewable diesel output to switch back to fossil fuels, citing macroeconomic woes

U.S. refiner Vertex Energy will pause renewable diesel production at its refinery in Mobile, Alabama, and convert it to produce fossil fuels instead, citing macroeconomic woes which might persist through next year.