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Ceres Power Holdings signs SOEC systems license with Thermax to decarbonize hard-to-abate industries
The partnership will accelerate solid oxide electrolysis cell (SOEC) system development within the hard-to-abate green ammonia, petrochemical and steel industries in India and other territories.
Colombia's diesel price hike leads to trucker strike and unrest
Colombia's decision to reverse a diesel price hike that sparked a strike by truckers could adversely affect public finances, as majority state-owned energy company Ecopetrol said it would begin shutting off some operations amid the unrest.
Asia refining margins at lowest seasonal levels since 2020 as supplies grow
Asian refiners' margins slumped to their lowest seasonal levels since 2020 this week as supplies of diesel and gasoline rose after peak summer travel demand ended
South Korea plans mix of sustainable aviation fuel for international flights from 2027
South Korea aims to ensure all departing international flights use a mix of about 1% of sustainable aviation fuel (SAF) from 2027. The step aims to prepare for a carbon offset and reduction scheme that becomes mandatory for members of the International Civil Aviation Organization (ICAO) starting from that year.
India's Bharat Petroleum Corp. to boost integrated refining-petrochemical capacity by 2030
India's Bharat Petroleum Corp plans to increase its integrated refining and petrochemical capacities within the next 5 yr-7yr to meet growing energy demand. India's annual consumption of refined fuels and petrochemicals is expected to rise steadily by 4%-5% and 7%-8% in the 'foreseeable future'.
BASF to cease operations on three plants at the Ludwigshafen site in 2025
BASF will end the production of adipic acid, cyclododecanone (CDon) and cyclopentanone (CPon) at the Ludwigshafen site in 2025. The company has taken this decision as part of the ongoing strategic review of its production setup at the Ludwigshafen site to ensure competitiveness under changing market conditions.
Lummus to supply ethylene technology to Silleno's PE plant in Kazakhstan
Lummus Technology announced a contract award from Silleno for an ethylene unit, which will be part of the first polyethylene plant to be built in the Republic of Kazakhstan.
AFC leads financing for Africa's largest gas-to-methanol complex
Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, is arranging a project development facility to support Africa’s largest gas-to-methanol plant, with the aim of significantly reducing CO2 emissions by offsetting flaring of natural gas and turning it instead into a valuable chemical for solvents, paints, plastics and car parts.
BASF outlines its sustainable roadmap towards a circular economy
BASF’s Performance Materials division revealed its strategic roadmap toward achieving carbon neutrality by 2050 and highlights key milestones on its way to a circular economy.
World’s first of its kind green ammonia plant inaugurated by Skovgaard Energy, Vestas and Topsoe
Topsoe, Skovgaard Energy and Vestas inaugurated a 5,000-tpy green ammonia plant in Ramme, Northwest Jutland, Denmark.
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- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21