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Economics

Solvay inaugurates new blowing agent production unit in Rosignano, Italy

Solvay announced the opening of its groundbreaking Alve-One production unit in Rosignano, Italy.

Meridian Energy Group’s Davis Refinery Project in North Dakota (U.S.) will be the world’s first net-zero carbon refinery

The Davis Refinery is a fully-permitted 49,500-bpd, innovative, greenfield refinery being built in Belfield, North Dakota (U.S.) will utilize state-of-the-art environmental technology and controls to produce ultra clean transportation fuels for local and regional sales.

Lummus expands R&D capabilities to enhance innovation and water and wastewater technologies

Lummus Technology announced the opening of its cutting-edge research and development facility dedicated to advancing its Zimpro suite of water and wastewater treatment technologies.

Niger plans to build diesel refinery and increase supplies to Mali

Niger will create a diesel refinery to supply its Sahel allies and plans a more than six-fold increase in diesel shipments to Mali to tackle that country's energy crisis.

BASF, SABIC, and Linde celebrate the start-up of the world's first large-scale electrically heated steam cracking furnace

BASF, SABIC, and Linde have inaugurated the world’s first demonstration plant for large-scale electrically heated steam cracking furnaces.

U.S. crude stocks rise, gasoline, distillate inventories fall

 U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending April 12, said the Energy Information Administration.

Russia's offline primary oil refining capacity revised up for April

Russia's offline primary oil refining capacity has been revised upwards for April by 107,000 metric tons from previous expectations to 4.430 MMt.

Russia cuts railway gasoline exports by 26.5% in April so far

Russia has reduced gasoline exports by rail in April 1-14 by 26.5% from the same period in March due to an export ban.

Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity

Hexagon’s Asset Lifecycle Intelligence division announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology.

Infinium and Kinetik reach innovative CO2 utilization agreement to advance efuels production

eFuels leader, Infinium, has reached an agreement with a subsidiary of midstream energy company Kinetik Holdings Inc. to purchase CO2 captured from Kinetik's gas gathering and processing system in the Permian Basin for use as a feedstock in the production of ultra-low carbon eFuels.