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Petrochemicals

Update: Power outages hinder Hurricane Beryl recovery, delay port, infrastructure restarts

About 1.7 MM customers remained without power in Texas on Wednesday morning, two days after Hurricane Beryl made landfall, as progress was slow during the night, hampering efforts to restore critical oil infrastructure.

DNV validates Carbon8’s carbon capture and utilization methodology

DNV, the independent energy expert and assurance provider, has validated the methodology developed and used by Carbon8, an innovative cleantech company specializing in helping hard-to-abate industries reduce carbon emissions and landfilling of thermal residues.

India eyes energy deals with Rosneft, other Russian companies

India wants to strengthen its energy ties with Russia and could seek deals with Rosneft and other leading Russian oil firms as part of a broader push to boost bilateral trade.

Oil companies, refineries in Texas restoring operations following hurricane Beryl

Oil and gas companies in Texas were restarting operations on Tuesday after Hurricane Beryl lashed the state with 80-mph winds, damaging property and leaving millions of people without power.

Hurricane Beryl knocks out power as it churns across Texas, slows refinery activities, impels port closures

Hurricane Beryl lashed Texas with strong winds and heavy rain on Monday as it churned inland, forcing the closure of oil ports, cancellation of hundreds of flights and leaving nearly 2 MM homes and businesses without power.

Enviro receives order for 500 tons of tire pyrolysis oil from repeat customer

Scandinavian Enviro Systems (Enviro) has received an order for deliveries of 500 tons (t) of recovered pyrolysis oil from a leading European oil player. The oil, which will be produced at Enviro’s facility in Åsensbruk, will be delivered during the fall of 2024.

China petrochemical group Hengli plans $1.3-B investment in shipbuilding

Hengli Group, privately-controlled Chinese oil refiner and petrochemicals producer, said on Monday it will invest 9.2 B yuan ($1.3 B) in shipbuilding in northeast China, two years after it acquired South Korean shipyard STX's assets.

LOTTE Chemical develops high-intensity, flame-resistant PP products for electric vehicle batteries

LOTTE Chemical has developed high-intensity, flame-resistant polypropylene products that can delay thermal runaway in electric vehicle batteries.

Samsung C&T to build Korea's fist ammonia import terminal for co-firing power generation

The terminal will include facilities for storing, unloading, and transporting ammonia. A 30,000-ton storage tank will be used to compress and store ammonia for co-firing power generation. The terminal will also use a fuel blend comprised of at least 20% ammonia for co-firing with coal to reduce carbon emissions.

World’s first supply chain established for sustainable polyester fiber based on CO2-derived, renewable and bio-based materials

A consortium of seven companies across five countries has jointly established a supply chain for more sustainable polyester fiber. Instead of fossil materials, renewable and bio-based materials as well as carbon capture and utilization will be used in the manufacturing of polyester fibers.