Economics
U.S. crude inventories post surprise large build, fuel stocks rise
U.S. crude oil stockpiles posted a surprise large build last week, while gasoline and distillate inventories gained more than expected.
China to become oil refining juggernaut, raising global risks
China is both the biggest driver of future demand for crude oil, and the biggest risk to global refining as it will continue to hold much of the world's spare capacity.
Cushing, OK chosen as new site for $5.6-B oil refinery project
El Campo-based Prairie Energy Partners has chosen Cushing, Oklahoma as the location for its proposed $5.6-B oil refinery project, despite property tax incentives offered by Victoria County officials in Texas.
thyssenkrupp Uhde and Johnson Matthey increase ammonia synthesis capacity at Koch Fertilizer facility
Working in collaboration, thyssenkrupp Uhde and Johnson Matthey have delivered a product solution to in-crease the ammonia capacity at Koch Fertilizer’s Fort Dodge, Iowa facility. During the revamp of the existing ammonia plant, the team integrated the uhde dual-pressure process, which was installed upstream of the existing ammonia synthesis loop.
HxGN LIVE Global 2023: Optimization at scale
The HxGN LIVE Global 2023 conference is underway June 12-15, 2023, at the new Caesars Forum convention center in Las Vegas. More than 3,600 attendees from some 70 countries are attending the digital reality technology conference, where they can experience the autonomous future, explore and discuss a broad range of challenges and opportunities common across many industries, as well as learn about the latest technologies shaping the future.
EU may include ammonia plant exception in new renewable energy targets
EU countries hope to pass a deal on new renewable energy targets and are considering options including an exemption for certain ammonia plants, in an attempt to win over countries skeptical of the final law, diplomatic sources said.
KBC launches Visual MESA Greenhouse Gas Emissions Management software
KBC, a Yokogawa Company, announces the launch of a revolutionary emissions management solution, Visual MESA Greenhouse Gas Emissions Management for industrial process plants.
U.S. EPA to release biofuel blending mandate rule by June 21 after delay
The U.S. Environmental Protection Agency is expected to release a final rule on biofuel blending volume mandates for the years 2023-2025 by June 21, after seeking a one-week extension on a deadline for the rule.
Global distillate stocks low despite industrial slowdown
Global distillate fuel oil cracks have strengthened slightly over the last month as inventories have not risen as much as expected given the scale of the manufacturing and freight downturn across the major economies.
Neste enables Cargolux to become the first airline to use SAF at Luxembourg Airport
Cargolux became the first airline to uplift sustainable aviation fuel at Luxembourg Airport with the use of the fuel on a celebratory cargo flight.
- China's first coal-to-chemicals project with green hydrogen starts commercial operations 11/20
- Norsk e-Fuel and Braskem partner to turn captured carbon into long-lasting products 11/20
- Nigeria's Dangote refinery delays CDU maintenance to end of January 2026 11/20
- Technimont attends ground-breaking ceremony of Tengiz Gas separation Complex in Kazakhstan 11/20
- 42% of U.S. energy/critical infrastructure providers exposed to weaponized AI and email attacks 11/20
- EIA: U.S. crude stocks fall on higher demand, fuel inventories rise 11/20
