Management

Shell records nearly $8-B Q1 profit on the back of refining, chemicals/products and LNG divisions

Shell reported a Q1 profit of $7.7 B, boosted by Red Sea trading disruptions, Russian refining outages and Shell's LNG production increases.

Borouge increases Q1 net profit nearly 40% to $273 MM

Borouge saw its Q1 net profits increase 37% to $273 MM. Total revenue for the quarter topped $1.3 B.

Improve energy efficiency of assets

Neste completes its organizational change process to improve long-term competitiveness

Neste announced that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working.

bp awards Kent a five-year global commissioning framework agreement

Kent, a global integrated energy services company, announced that it has been awarded a five-year global commissioning framework agreement by bp.   

LLumin and eschbach partner for integrated team communications in enterprise asset management and plant maintenance

LLumin and eschbach announce their partnership to deliver the first rules-based, action-triggering, bi-directional communicating CMMS solution that seamlessly integrates with Shiftconnector, a comprehensive plant process management solutions for process manufacturers.

Brazil's Petrobras mulls Mubadala refining partnership

Brazilian state-run oil company Petrobras said it will analyze a proposal from Abu Dhabi sovereign investor Mubadala on creating a strategic refining and biorefining partnership in the northeastern state of Bahia.

Nigeria's Port Harcourt refinery restart imminent, minister says

Nigeria's oil refinery in Port Harcourt will restart operations "after the Christmas break" following an overhaul, the petroleum minister said, following several delays.

Digital Exclusive: Mitigating methane emissions: Digital strategies for the energy industry

This article provides several ways that digital technologies can help mitigate industrial emissions and be integrated into any company's decarbonization/net-zero goals.

EY partners with Aspen Technology to enhance clients’ sustainability, streamline manufacturing, and modernize utility grids

The EY organization announces an alliance between Aspen Technology, Inc. and Ernst & Young to enhance clients’ sustainability, streamline manufacturing, and modernize utility grids.