Management
Shell beats forecasts with $6.3 B second quarter profit
Shell reported second-quarter profit of $6.3 B, a drop of 19% from the previous three months as refining margins and oil and gas trading weakened, though still beating analysts' forecasts.
People
Senior appointment deepens KBR’s digital engineering expertise
KT - Kinetics Technology has finalized the purchase of APS Evolution engineering company
MAIRE announces that KT - Kinetics Technology (Integrated E&C Solutions) has finalized the acquisition of the entire share capital of APS Evolution S.r.l.
The illusion of accuracy in analyzing plant failures
This article highlights the challenges faced by plant engineers in accurately determining damage mechanisms, discussing three common illusions of accuracy including temperature limits, reliance on single references, and confirmation bias during failure investigations.
Maximize benefits with robust maintenance planning and scheduling
Effective routine maintenance begins with effective leadership. Leadership requirements for a robust routine maintenance program include some high-level deliverables.
US court rejects EPA denials of 2022 small refinery biofuel waivers
A federal appeals court rejected the Environmental Protection Agency’s decision in 2022 to deny small oil refineries temporary waivers from the nation’s biofuels blending program, and sent the matter back to the agency for review.
Italy's Saipem sees business opportunities in green ammonia
Italian energy contractor Saipem, which has traditionally focused on oil and gas contracts, sees business opportunities arising in low-carbon areas including green ammonia.
European refiners' golden era draws to end as demand sags
European oil refiners TotalEnergies and Neste warned of further weakness in profit margins amid sagging demand, signaling an end to a brief era of stellar profits that followed Russia's invasion of Ukraine.
Gulf Energy Information appoints Catherine Watkins as Chief Commercial Officer to drive market expansion
Gulf Energy Information (Gulf), a premier B2B media company in the global energy sector, proudly announces the transition of Catherine Watkins from Chief Financial Officer (CFO) to Chief Commercial Officer (CCO), effective immediately. This strategic transition aligns with Gulf’s commitment to expanding market share and driving sales growth across key markets.
People
Senior appointment deepens KBR’s digital engineering expertise
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
