Environment
U.S. offers $1.56-B conditional loan for Indiana ammonia facility
The U.S. Department of Energy (DOE) has made a conditional loan guarantee of up to $1.56 B to Wabash Valley Resources to help build a low-emissions ammonia production facility in Indiana.
McDermott and BW Offshore collaborate to enable offshore blue ammonia production
McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production.
Global consortium pioneers ammonia cargo transfer between ships at Australian port
Japan's Mitsui O.S.K. Lines, Norway's Yara and Singapore's Global Centre for Maritime Decarbonisation said they had jointly completed an ammonia cargo transfer operation in Australia that will pave the way for ammonia bunkering in the region.
Rising jet fuel stocks weigh on U.S. West Coast refiner margins
Refiner margins on jet fuel averaged $0.05/gallon (gal) at the Los Angeles trading hub last month, the lowest in at least five years, as low demand and high supplies pushed inventories to a record high.
Hygenco enters into MoU with REC to finance green ammonia project in India
Hygenco Green Energies Pvt. Ltd., a pioneer in producing low-cost green hydrogen (H2), has entered into a memorandum of understanding (MoU) REC Ltd. (previously Rural Electrification Corp. Ltd.) for financing Hygenco's Green Ammonia Project in Gopalpur, Odisha.
Canada's Woodland Biofuels to invest $1.35 B at Port of Louisiana (U.S.) for renewable fuels plant
Canadian renewable fuel company Woodland Biofuels has announced an investment of $1.35 B at the Port of South Louisiana to establish a renewable natural gas (RNG) plant and ultra-green hydrogen (H2) facility.
SOCAR awards NEXTCHEM two contracts to upgrade/expand Heydar Aliyev refinery in Azerbaijan
SOCAR has awarded NEXTCHEM two contracts to upgrade and expand the capacity of the Heydar Aliyev Oil refinery industrial complex in Baku, Azerbaijan.
KazMunayGas begins construction on $7.4-B polyethylene complex in Kazakhstan
KazMunayGas has begun construction on a $7.4-B, 1.25-MMtpy polyethylene plant in the Atyrau region of Kazakhstan. The project will establish an oil and gas chemical industry cluster in the country’s western region.
Zeopore prepares for global production of economical, premium hydrocracking meso-zeolites
Zeopore is initiating discussions with candidate partners to jointly commercialize its unique zeolite mesoporization route. Combining improved hydrocracking (HDC), Zeopore’s optimized HDC zeolites bring 3 wt%-7wt% more middle distillates, depending on feedstock and process conditions.
KBC acquires Flaretot Limited, a software provider specializing in flare system designs
KBC announced it had acquired Flaretot® Limited, a leading simulation software provider specializing in the design and evaluation of flare systems for hydrocarbon processing plants.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
