Storage
ABS approves first of its kind LCO2 barge for U.S. operation
ABS has awarded approval in principle (AIP) to Overseas Shipholding Group Inc. (OSG), the parent company of Aptamus Carbon Solutions, for its preliminary design of a liquefied carbon dioxide (LCO2) barge.
U.S. crude and fuel inventories fall, Nigerian crude imports jump
U.S. crude and fuel inventories all fell last week, while crude imports from Nigeria hit their highest level in nearly six years.
Process safety management in transfer and stockpiling operations—Part 1
The stockpiling of assets requires a significant amount of energy that can be stored in tanks and pipes. Because of this, the most adverse scenarios related to process safety can occur in the transfer and stockpiling areas.
Asia's refined fuel imports drop, but margins still hold
Asia's imports of key refined fuels such as gasoline and diesel fell to the lowest in four years in April, driven by a combination of refinery maintenance and weaker demand in the top-importing region.
SP Chemicals plans to raise ethane use at eastern China petchem plant
SP Chemicals is studying plans to increase ethane use as feedstock at its petrochemical complex in eastern China's Jiangsu province to up to 90% from 75%, its CEO Chan Hian Siang said on Thursday.
EIA: U.S. crude stocks rise with bigger imports, fuel inventories fall
U.S. crude stocks rose as the nation imported more oil, while gasoline and distillate inventories fell last week ahead of summer driving season.
Petrobras doubles processing capacity at UPGN in Boaventura Energy Complex
The second module of the natural gas processing unit of the Boaventura Energy Complex, located in Itaboraí, has begun commercial operations. In addition to the first module, inaugurated last year, the unit's total processing capacity reaches 21 million m³/day.
First European-built offshore CO2 carrier to be christened and launched on May 14
The completion of Europe’s first offshore carbon dioxide (CO2) carrier marks a pivotal milestone in the energy transition and the advancement of carbon capture and storage (CCS) infrastructure within Europe.
EIA: U.S. crude, gasoline stockpiles fall; distillates build last week
U.S. crude oil and gasoline stocks fell, while distillate inventories rose last week, the U.S. Energy Information Administration (EIA) said on Wednesday. Crude inventories fell by 2.7 MMbbl to 440.4 MMbbl in the week ended April 25, the EIA said, compared with analysts' expectations for a 429,000-bbl rise.
Official approval granted for Hydrogenious LOHC’s ‘Hector’ storage plant
Hydrogenious LOHC has achieved a significant milestone towards designing, building and operating the world's largest hydrogenation plant for the safe and efficient storage of H2 in the LOHC benzyltoluene (LOHC-BT) at Chempark Dormagen in North Rhine-Westphalia, Germany: Project ’Hector’ has now received the official building and operating permit for the storage plant in accordance with §4 of the German Federal Immission Control Act (Bundes-Immissionsschutzgesetz - BImSchG).
- 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
