Construction
Orlen halts Olefins III project due to ballooning costs
The ORLEN Management Board has decided to halt the Olefins III project after determining that the actual implementation costs would have exceeded the initial estimates by sixfold. The project's cost has ballooned to more than $12 B.
Chevron upgrades Pasadena refinery to increase capacity, feedstock and product flexibility
Chevron U.S.A. has completed a retrofit of its refinery in Pasadena, Texas (U.S.), which is expected to increase product flexibility and expand the processing capacity of lighter crudes by nearly 15% to 125,000 bpd.
BASF and INOCAS sign agreement to develop sustainable Macaúba oil supply in Brazil to produce bio-naphtha
BASF and INOCAS sign offtake agreement for Macaúba kernel oil and Macaúba pulp oil to further expand BASF’s renewable-based portfolio.
Phillips 66 teams with NextEra Energy Resources to power Rodeo Renewable Energy Complex with solar facility
Phillips 66 is teaming up with a subsidiary of NextEra Energy Resources, LLC to power Phillips 66’s Rodeo Renewable Energy Complex with a 30.2-MW solar facility.
Green light for carbon capture and low-carbon power JV projects in Teesside
bp, together with its partners, has reached financial close for two major CCS projects in Teesside in the northeast of England: the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power).
Gentari to supply large-scale, carbon-free energy to AMG Ammonia's new green ammonia facility
Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia's upcoming green ammonia facilities, under a long-term Power Purchase Agreement.
Wood signs trio of global engineering and project delivery agreements with bp
Wood, a global leader in consulting and engineering, has signed three major agreements with bp to provide engineering and project delivery services for its capital projects worldwide.
DG Fuels awards MyRechemical contract for Nebraska (U.S.) SAF plant
MAIRE S.p.A., through its subsidiary MyRechemical, has been awarded by DG Fuels an early engineering, licensing and Process Design Package (PDP) contract based on its proprietary NX CircularTM gasification technology for a SAF plant located in Nebraska, USA.
Topsoe to provide technology for 40,000-tpy e-Methanol project in Galicia, Spain
Topsoe to provide e-Methanol synthesis technology and engineering support for the 40,000-tpy e-Methanol Forestal del Atlántico’s Triskelion project in Galicia, Spain.
SwitcH2, CorPower Ocean partner on wave-powered green ammonia
SwitcH2 is partnering with CorPower Ocean to deliver a unique industrial scale floating green ammonia production facility partially powered by wave energy. SwitcH2’s NH3-FPSO unit involves the use of a new built vessel, nearly the size of a VLCC (Very Large Crude Carrier), to support a 300-MW electrolysis plant on deck. The final output is green ammonia
- Asian gasoline margin spikes to highest since August 2023 11/14
- Lukoil-Moldova grants free use of airport fuel terminal to government amid U.S. sanctions 11/14
- Croatia rejects Russian vacuum gasoil cargo after U.S. sanctions 11/14
- Bulgaria wins UK sanctions reprieve on refinery, petrol stations 11/14
- China's Sinochem shuts one crude unit at Quanzhou after fire 11/14
- Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners 11/14
