Construction
INERATEC secures €70-MM financing commitment for Europe’s largest eFuel production
Sustainable eFuel production pioneer INERATEC has formally agreed to a €40-MM venture debt loan with the European Investment Bank (EIB) and a €30-MM grant with Breakthrough Energy Catalyst. The combined €70 MM backing will finance construction of Europe`s largest sustainable eFuel production plant in Frankfurt and eFuel research and development of future, key steps in decarbonizing aviation.
PBF Energy's Martinez refinery (California, U.S.) repairs to cost $30 million
Independent U.S. refiner PBF Energy said it is starting repairs at its fire-damaged 156,400-bpd Martinez refinery in California and estimates the cost of repairs to be $30 million.
Mercedes-AMG Petronas to use sustainable carbon fiber composites in Formula 1 racecars
Mercedes announced the first steps on the road towards sustainable carbon fiber composites. In concrete terms, this means that Mercedes will qualify and apply sustainable carbon fiber composites to their race cars during the 2025 Formula 1 season, without sacrificing any on-track performance.
Vopak to build ethane tanks to support Thailand's petrochemical production
Vopak has reached a positive final investment decision it build 160,000-m3 tank infrastructure in Map Ta Phut, Rayong, to support the import of U.S. ethane into Thailand for petrochemical crackers
Indonesia plans to use sovereign wealth fund to boost coal gasification projects
Indonesia seeks to boost coal gasification projects using funding from its newly launched sovereign wealth fund Danantara Indonesia, as well as plans to increase its fuel storage capacity and build a refinery with capacity of 500,000 barrels per day to ensure energy security
MAIRE awarded various EPC contracts, totaling $3.5 B
MAIRE announced that its subsidiaries TECNIMONT, KT-Kinetics Technology and NEXTCHEM and have been granted new awards for a total amount of approximately $3.5 billion for engineering and procurement and construction activities related to petrochemical and hydrotreating projects, as well as high value engineering services for a waste to chemical project.
Taiyo Oil selects Honeywell UOP's ethanol-to-jet technology for 200-MMlpy SAF plant in Japan
Taiyo Oil Co., Ltd. has chosen Honeywell UOP's Ethanol-to-Jet technology to produce sustainable aviation fuel at its Okinawa Operations in Japan. This facility will have a production target of 200 MMlpy.
Optimize process design and commercialize newly developed processes through close collaboration between licensor and client
This case study follows the installation of new sulfur recovery units in Kuwait by Kuwait Oil Co. This article highlights key aspects of collaboration and technological advancement in process design development and project execution between the operator and licensor to the benefit of both parties.
Thai SCG Chemicals unit seeks Vietnam tariffs as operations at new complex remain suspended
Vietnam's Long Son Petrochemicals, a unit of Thailand's SCG Chemicals, is lobbying Vietnam to impose tariffs on imported polyethylene and polypropylene, as operations at its new $5.4 billion petrochemical complex remain suspended due to low margins.
Sipchem, LyondellBasell collaborate on feasibility for a world-scale mixed-feed cracker in Saudi Arabia
Sipchem and LyondellBasell have been awarded a feedstock allocation from the Ministry of Energy of Saudi Arabia supporting a joint feasibility study for a world-scale mixed feed cracker complex combined with a diversified derivative portfolio.
- Indian Oil buys first Colombian oil under Ecopetrol contract 12/31
- Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery 12/31
- Chile's $2.5-B Volta green ammonia project wins environmental permit 12/31
- China begins issuing second batch of 2026 crude import quotas to refiners 12/31
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
- Ghana's Tema oil refinery restarts after 9-yr shutdown 12/30
