Management
Asian refiners eye output cuts due to diesel surplus
Asian refiners are considering cuts to refined fuel output in the coming months, with some already trimming production in May, after excess diesel supplies squeezed profits.
ADNOC terminates talks to buy stake in Brazil's Braskem
Brazilian petrochemical producer Braskem said that Abu Dhabi oil company ADNOC has decided to terminate talks to buy a stake held by conglomerate Novonor in the firm.
BASF and IPP jointly market the sale/relocation of three plants from Verbund site in Germany
BASF and International Process Plants will jointly market the sale and relocation of three plants-ammonia, methanol and melamine-from BASF’s Verbund site in Ludwigshafen, Germany.
INEOS completes purchase of LyondellBasell's EO&D facility in Bayport, Texas (U.S.)
INEOS Oxide and LyondellBasell completed the sale of LyondellBasell’s ethylene oxide and derivatives (EO&D) business and associated production facilities located in Bayport, Texas to INEOS.
Shell records nearly $8-B Q1 profit on the back of refining, chemicals/products and LNG divisions
Shell reported a Q1 profit of $7.7 B, boosted by Red Sea trading disruptions, Russian refining outages and Shell's LNG production increases.
Borouge increases Q1 net profit nearly 40% to $273 MM
Borouge saw its Q1 net profits increase 37% to $273 MM. Total revenue for the quarter topped $1.3 B.
Artificial intelligence for engineering a better tomorrow—Part 1
Artificial intelligence (AI) in engineering a better tomorrow refers to the concept of utilizing AI technologies to enhance and innovate the field of engineering. This concept includes the integration of AI into various engineering disciplines to improve efficiency, accuracy and innovation.
Decarbonization opportunities in refinery and petrochemical complex-organic Rankine cycles
In an organization’s pursuit of decarbonization, significant opportunities exist in recovering waste heat from high-temperature streams instead of rejecting it to heat sinks. This article analyzes the economics of using the organic Rankine cycle (ORC) to recover waste heat and generate electricity.
Business Trends: Global chemicals industry outlook for 2024
After a challenging end to 2022, many in the chemical industry anticipated a modest rebound in production in 2023. However, by mid-2023, several chemical companies significantly lowered their expectations.

- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3