Loss Prevention

U.S. order allows Puerto Rico to shore up ailing power grid with fuel oil plants

U.S. Energy Secretary Chris Wright issued an emergency order on Friday that will allow Puerto Rico's state-owned utility to plug chronic electricity shortfalls on the island with electricity from oil-burning power plants without running afoul of environmental laws.

Emerson's Aspen Technology business releases new software with expanded AI capabilities, enhanced visualization and simplified workflows

Emerson announced a new release of the flagship software of its Aspen Technology business. The release introduces a significant expansion of industrial AI capabilities, enhances user experience, provides new capabilities to accelerate progress toward sustainability goals and improves operational performance. 

U.S. imposes Iran-related sanctions on third China 'teapot' refinery, ports

U.S. President Donald Trump's administration imposed sanctions on a third Chinese independent - or "teapot" - oil refinery, and port terminal operators in China for purchases of Iranian oil.

Venezuela restarts Carbon refinery's FCCU after a year out of service

Venezuela's second largest refinery, Cardon, restarted its fluid catalytic cracker which had been out of service for more than a year due to a failure and lack of raw materials

Messe Frankfurt and DECHEMA team up for new ACHEMA Middle East

DECHEMA, which organizes the ACHEMA, the leading trade show for the global process industry, launches ACHEMA Middle East in Saudi Arabia together with Messe Frankfurt. DECHEMA and Messe Frankfurt have reached the necessary agreements and the event will be held for the first time in Riyadh in 2026, and then every three years after that.

Repsol and Bunge to boost development of renewable fuels in Europe with intermediate crops

The companies will collaborate to process intermediate crops into low-carbon intensity oils to be used as feedstock for the production of renewable diesel or sustainable aviation fuel (SAF).

Digital Exclusive: From safety silos to strategic insights: Digitally transforming SIS management

When it comes to digital transformation, refining and processing operators face unique challenges. Unlike other industries already leveraging digital twins to improve design, enable predictive maintenance and boost operational efficiency, the refining and processing sectors often struggle with data management.

INEOS CEO Sir Jim Ratcliffe: Carbon tax and high energy costs are killing off manufacturing in Britain

Grangemouth refinery (Scotland) ceases crude oil processing, transitions into import terminal

Scotland's only oil refinery ceased crude oil processing as of Tuesday, operator Petroineos said in a statement, as the site transitions to an import terminal.

Asahi Kasei, Nobian, Furuya Metal and Mastermelt commence joint project to recycle metals, signaling a milestone towards circularity in the chlor-alkali industry

Japanese technology company Asahi Kasei has started a joint demonstration with Nobian, Furuya Metal and Mastermelt on the recycling of metals, including precious metals, used in the cells and electrodes incorporated in electrolyzers used for the production of caustic soda.