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ExxonMobil's Karen McKee named 2024 Petrochemical Heritage Award recipient
The American Fuel & Petrochemical Manufacturers announced ExxonMobil’s Karen McKee—president of ExxonMobil Product Solutions Company—as the 2024 Petrochemical Heritage Award recipient for her outstanding contributions to the petrochemical community.
INEOS O&P UK announced a proposal to cease production of ethanol from its Grangemouth site
INEOS O&P UK announced a proposal to close the Ethanol Plant at Grangemouth in Q1 2025 and will start consultations in Grangemouth with its employees and the Trade Union about this proposal.
SAF costs must be lower, ExxonMobil VP says
Costs are the main obstacle to increasing the use of SAF said ExxonMobil Senior Vice President Jack Williams.
Samsung Engineering rebrands name to 'SAMSUNG E&A'
The company name change to SAMSUNG E&A CO., LTD. was confirmed during the 57’s general shareholders' meeting on 21 March 2024, where the change of articles of incorporation were passed.
Colombia cops seize 7.3-MM gallons of crude in raids on illegal refineries
Colombian police have seized more than seven million gallons of crude oil in raids on illegal refineries, in an operation targeting production of bootleg fuel in Norte de Santander province.
Neste completes its organizational change process to improve long-term competitiveness
Neste announced that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working.
People
SGH Engineering Mechanics & Infrastructure group welcomes senior leaders
bp awards Kent a five-year global commissioning framework agreement
Kent, a global integrated energy services company, announced that it has been awarded a five-year global commissioning framework agreement by bp.
ADNOC closes acquisition of 24.9% stake in OMV
ADNOC announced that it has formally closed the acquisition of a 24.9% shareholding in OMV AG, a global energy and chemicals group, headquartered and listed in Vienna, Austria, from Mubadala Investment Company.
Biden-Harris administration (U.S.) allocates $366 MM to reduce energy costs and boost security in rural areas nationwide
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy announced more than $366 MM for 17 projects across 20 states and 30 Tribal Nations and communities to accelerate clean energy deployment in rural and remote areas across the country.
- KazMunayGas starts building polyethylene plant with Sinopec, SIBUR 4/1
- Blue Tide, Shell Lubricants complete re-refining facility to develop high-performance lubricants 4/1
- Lummus successfully starts up PFAS demo unit to destroy "forever chemicals" 4/1
- Solvay partners with Cavalinho to reduce emissions at Brazilian chemical plant 4/1
- Shell completes Singapore refinery sale to Chandra Asri-Glencore JV 4/1
- Japan's Maruzen Petrochemical to shut ethylene unit in Chiba 4/1
