Petrochemicals
U.S. targets Iranian petrochemicals, petroleum in fresh sanctions
On Thursday, the U.S. imposed sanctions on companies it accused of playing a critical role in the production, sale and shipment of Iranian petrochemicals and petroleum to buyers in Asia, as Washington increases pressure on Tehran.
Shell Catalysts & Technologies to increase pricing of catalyst products globally
Shell Catalysts & Technologies (SC&T) announces a global price increase of its refining and chemical catalyst products lines.
Russian energy minister sees no reason to reduce petroleum products output
Russian energy minister Nikolai Shulginov on Friday said there was no reason for a sharp reduction in the country's petroleum products output in response to a European Union embargo, Interfax reported.
India's Reliance stops local petcoke sales, boosts imports
Petroleum coke is a carbon intensive solid residue left over from coking units in oil refineries that break down residual oil into more highly valued products. Petcoke, as it is known, can be used as a coal substitute in both steelmaking and in power plants.
U.S. Energy Department to allocate $118 MM to biofuels projects
The U.S. Department of Energy (DOE) this week will announce over $100 MM in funding to expand U.S. biofuels production, as the Biden administration works to cut greenhouse gas emissions from transportation and meet climate goals.
Veolia Water Technologies & Solutions and OLI Systems to team up for digital transformation projects
Veolia Water Technologies & Solutions announced a collaboration with OLI Systems, a leader in water chemistry-based process simulation and electrolyte thermodynamics, to optimize operating performance in the refining and petrochemical industries.
Baltic states bought twice as much Russian LPG last year
Russian exporters more than doubled sales of liquefied petroleum gas to the Baltic states in 2022, some of which was sold on to Ukraine, according to data from three trading and freight-handling sources covering the region.
Sonatrach, Sasol to produce 'low carbon' hydrogen in Sicily
Algerian state energy company Sonatrach is teaming up with South Africa's petrochemical group Sasol on a project in Sicily to produce "low carbon" hydrogen and synthetic natural gas (syngas) as well as to capture and reuse CO2.
BASF shareholders say Russia exit sets up oil and gas IPO
BASF investors said that oil and gas business Wintershall Dea's exit from Russia, though painful, clears the way for plans to take it public and for BASF to focus on its chemicals operations.
Nuberg EPC wins 550 TPD sulfuric acid plant project in Czech Republic
Sulfuric Acid produced by the 550 TPD sulfuric acid plant project in Czech Republic will be used for petrochemical and fertilizer based applications.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
