Engineering & Design
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.
Digital Feature (sponsored): Three questions oil and gas companies should ask to improve their operations risk management
The article will discuss the five broad categories that most of this industry’s risk falls under and address the three—equally important—areas that can have a major impact on the quality of an oil and gas company’s overall operations risk management (ORM) strategy.
Nextchem awarded engineering/technology services contract from SATORP (Saudi Arabia)
MAIRE announced that NEXTCHEM (Sustainable Technology Solutions), through its subsidiary NextChem Tech, has been awarded a three-year contract by SATORP – a JV between Saudi Aramco and TotalEnergies – to provide engineering and technology services related to the sulfur recovery complex of SATORP’s refinery in Jubail, Kingdom of Saudi Arabia.
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.
Lummus Technology, Resynergi announce commercialization of microwave-powered plastic pyrolysis technology
Lummus Technology and Resynergi announced the commercialization of Resynergi's Continuous Microwave Assisted Pyrolysis Modules, which converts plastic waste into circular pyrolysis products significantly faster and more efficiently than traditional pyrolysis methods.
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
LNG retrofits surge as maritime industry seeks short-term carbon reduction solutions
A surprising development in 2024 was the resurgence of LNG retrofits as shipowners sought immediate carbon reductions to navigate regulatory requirements. More than 305 LNG-fueled ships were ordered last year, accounting for approximately 14% of newbuilding orders, significantly outpacing methanol and ammonia alternatives.
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.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
