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Economics

Technip Energies acquires Processium to fast-track technology development for net zero goals

Technip Energies announces the acquisition of Processium, an expert company in process development, equipped with laboratory and piloting facilities located in Lyon, France.

MAN Energy Solutions and Shell join forces to drive decarbonization solutions

MAN Energy Solutions and Shell have agreed a Memorandum of Understanding to explore the potential of combining their individual competencies and technologies to achieve their climate goals and support their customers in their decarbonization efforts.

New bike bag lowers CO2 footprint with recycled end-of-life tire materials

BASF and baesiq cooperate in the production of sustainable bags

Defossilizing the FCCU via co-processing of biogenic feedstock: From laboratory to commercial scale

bp Energía España Castellón refinery: Fernández, A.  |  Mena, A.  |  Rivas, C.
W. R. Grace: Bescansa, M  |  González, R.

Oil demand is expected to reach record highs this year1 after a sharp rebound following the COVID-19 pandemic.

Editorial Comment: Advancing catalyst technologies and a focus on plant optimization/efficiency

Hydrocarbon Processing Staff: Nichols, Lee

For nearly 100 yr, catalysts have been used within the processing industries.

Plant Design, Engineering, Construction and Commissioning: Manage the new risk profile of energy transition projects

TritenIAG: Reeves, M.  |  Portillo, C.  |  Borgh, R.

The time is ripe to realize the vision of a clean energy future. However, that future comes with new risks.

Business Trends: Tier 3 gasoline production: The value of flexibility in volatile fuel markets

Hoekstra Trading: Hoekstra, G.
Petrobras: Da Silva, M. W.
Valuation Risk & Strategy LLC: Murphy, T.

Despite the forecasted trend of declining demand for transportation fuels, many markets still depend heavily on these crude oil derivatives to sustain economic activity.

U.S. crude oil output fell in April as demand slowed

U.S. field production of crude oil fell in April to 12.615 million bpd, its lowest since February, the U.S. Energy Information Administration said.

Is oil market’s glass half full or half empty?

Global petroleum prices appear reasonable given the level of inventories – to the frustration of the producers who would like them to be significantly higher.

Oil heads for fourth straight quarterly decline

Oil prices rose above $75 a barrel but were on course for a fourth consecutive quarter of losses amid concerns over sluggish global economic activity and fuel demand.