Many large industrial facilities—including refineries, and chemical and petrochemical plants—are increasingly turning to co-generation for process steam and power production.
Flaring is the controlled burning of hydrocarbons at oil refineries, gas processing plants and petrochemical plants.
Maire Tecnimont announced that its subsidiaries Tecnimont and Stamicarbon have been awarded several new contracts and order variations for licensing, engineering services and EPC activities for an overall value of approximately $96 MM.
Power-to-Liquids technologies are on their way to commercialization in scale. E-fuels offer a way to expand the carbon-neutral transport fuel pool beyond biomass-based renewable fuels to replace fossil fuels in existing internal combustion engines.
SAF has been safely delivered to New York’s LaGuardia Airport through the Colonial and Buckeye pipeline systems – two essential pieces of American energy infrastructure.
Braskem Idesa announced the signing of an investment agreement with Advario for a joint 50% stake in the construction and operation of an ethane import terminal in Mexico, called Puerto Mexico Chemical Terminal.
Chevron Corporation completed its previously announced acquisition of Renewable Energy Group, Inc. following approval by REG stockholders.
The technology and logistics for handling and storing carbon from the two CHP plants are in place, and if financial support is obtained from the current tender for carbon capture and storage, Ørsted can be ready to capture and store 400,000 tons of carbon as early as 2025.
Neste has published its first Green Finance Report to further integrate the company's sustainability ambitions into its financing.
Potential low-carbon (green or blue) hydrogen demand from the global refining sector could reach 50 MMtpy by 2050.