http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2024/10-1/bgen-signs-five-year-contract-with-ineos-op-uk/ BGEN has announced that it has signed a five-year contract with the petrochemical manufacturer INEOS O&P UK. BGEN will provide a range of services to help INEOS optimize plant efficiency at its site in Grangemouth, Stirlingshire. http://hydrocarbonprocessing.com/news/2024/10-1/australia-fuel-supplier-viva-energys-retail-and-refining-challenges-continue-to-hurt/ Viva's downbeat update comes a few days after bigger rival Ampol, the only other domestic fuel supplier in the country, warned of similar challenges facing the refining sector and flagged a hit of A$100 MM in its earnings. http://hydrocarbonprocessing.com/news/2024/10-1/as-us-permian-crude-turns-lighter-it-risks-losing-favor-with-refiners/ Companies drilling for the crude that turned the U.S. into the world's top oil producer face an unexpected dilemma: their West Texas Midland crude is getting lighter, which could make it less appealing to some refiners. http://hydrocarbonprocessing.com/news/2024/10-1/digital-feature-wasco-s-energy-efficiency-roadmap-leveraging-software-and-ai-for-operational-excellence/ This case study details how WASCO introduced an innovative Energy Efficiency Roadmap that uses proprietary simulation software and artificial intelligence to address the critical challenges of operational costs and carbon emissions in an liquified petroleum gas plant. http://hydrocarbonprocessing.com/news/2024/10-1/india-eyes-87-b-investment-in-petrochemicals-sector-over-next-decade/ India is expected to receive investments worth $87 B in the next decade to meet the nation's rising demand for petrochemicals, the country's oil minister Hardeep Singh Puri said. http://hydrocarbonprocessing.com/news/2024/10-1/egypt-raises-gasoline-diesel-prices-for-third-time-this-year/ Egypt raised fuel product prices on Friday for the third time this year as it continues to cut back on diesel and gasoline subsidies, but said it would cover the additional energy costs for bakers of subsidized bread. http://hydrocarbonprocessing.com/news/2024/10-1/phillips-66-hit-with-6049-mm-us-verdict-in-fuel-trade-secrets-case/ Energy company Phillips 66 owes biofuel maker Propel Fuels $604.9 MM in damages for stealing Propel's trade secrets to build up its renewable-fuel capabilities. http://hydrocarbonprocessing.com/news/2024/10-1/us-offers-conditional-loan-guarantees-worth-3-b-for-two-saf-projects/ The U.S. Department of Energy (DOE) has approved conditional loan guarantee commitments totaling nearly $3 B for two sustainable aviation fuel (SAF) projects. http://hydrocarbonprocessing.com/news/2024/10-1/fertiglobe-becomes-adnoc-s-platform-for-low-carbon-ammonia-growth-globally/ ADNOC announced the completion of its acquisition of OCI Global’s 50% + 1 shareholding in Fertiglobe, increasing its share in the Company to 86.2%, with 13.8% remaining in free float on the Abu Dhabi Securities Exchange (ADX). http://hydrocarbonprocessing.com/news/2024/10-1/phillips-66-agrees-to-sell-interest-in-switzerland-based-joint-venture/ Phillips 66 has announced that its subsidiary, Phillips 66 Ltd., has entered into a definitive agreement to sell its 49% non-operated equity interest in Coop Mineraloel AG (CMA) to its Swiss joint venture partner.