Economics
BASF, SABIC, and Linde celebrate the start-up of the world's first large-scale electrically heated steam cracking furnace
BASF, SABIC, and Linde have inaugurated the world’s first demonstration plant for large-scale electrically heated steam cracking furnaces.
U.S. crude stocks rise, gasoline, distillate inventories fall
U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending April 12, said the Energy Information Administration.
Russia's offline primary oil refining capacity revised up for April
Russia's offline primary oil refining capacity has been revised upwards for April by 107,000 metric tons from previous expectations to 4.430 MMt.
Russia cuts railway gasoline exports by 26.5% in April so far
Russia has reduced gasoline exports by rail in April 1-14 by 26.5% from the same period in March due to an export ban.
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology.
Infinium and Kinetik reach innovative CO2 utilization agreement to advance efuels production
eFuels leader, Infinium, has reached an agreement with a subsidiary of midstream energy company Kinetik Holdings Inc. to purchase CO2 captured from Kinetik's gas gathering and processing system in the Permian Basin for use as a feedstock in the production of ultra-low carbon eFuels.
Lummus and Braskem to partner on electrified cracking heater for decarbonization
Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Braskem, the largest bio-based polymer producer in the world, announced today the companies will carry out joint studies related to the industrial demonstration of Lummus' SRT-e electric cracking heater to decarbonize one of Braskem's sites in Brazil.
Boeing secures its biggest purchase of Neste MY Sustainable Aviation Fuel through EPIC Fuels and Avfuel
Boeing has agreed to purchase 7.5 MM gallons of blended Neste MY Sustainable Aviation Fuel in 2024 to support its U.S. Commercial Airplanes business operations in reducing its greenhouse gas emissions.
UAE's Fujairah March marine bunker sales hit highest in more than a year
Marine bunker fuel sales at the United Arab Emirates' Fujairah port hit their highest in more than a year in March 2024, buoyed by firmer global refueling demand after Red Sea shipping disruptions.
Eni to sell stakes in biofuel, bioplastic units by end of 2024
Italian energy group Eni aims to sell by year-end minority stakes in its biofuel and bio-plastic units that could fetch around $1.47 B in total to speed up its energy transition.
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
- KBC launches Visual MESA Energy Management System 7.3 11/18
- MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant 11/18
