Natural Gas
Venezuela's PDVSA to ramp up refining by 20% in 2023
Venezuelan state energy company PDVSA's new management expects to boost the country's oil production to 1.17 million bpd by year end while increasing refining and exploration activities, an internal planning document showed.
US pipeline operator ONEOK moves into oil, products with $18.8-B Magellan deal
ONEOK Inc agreed to buy U.S. pipeline operator Magellan Midstream Partners in a cash-and-stock deal valued at about $18.8 B including debt, bringing natural gas-focused ONEOK into transporting refined products and oil.
Iraq expects Total to begin $27-B energy project in second half of 2023
Iraq expects TotalEnergies to begin operations on a long-delayed $27-B oil, gas and renewables project in the second half of 2023 after finalizing side-contracts with a state oil company.
Alberta producers restart oil and gas operations as wildfires temporarily ease
A number of oil and gas companies in Canada's main crude-producing province Alberta restarted shuttered production as wildfires that sparked widespread evacuations eased, although officials warned conditions could deteriorate.
Japan's Eneos aims to double profit in 3 years with green energy plan
Japan's biggest oil refiner Eneos Holdings said it planned to more than double net profit to ¥310 B in three years and expand aggressively in green energy and climate-friendlier fuels.
Carbon capture in syngas-based projects
Recent legislation, such as the Low Carbon Fuel Standard (LCFS) and the Inflation Reduction Act of 2022 (which was passed in the U.S.), provide financial incentives for projects generating power, transportation fuels or other forms of energy to reduce their overall carbon emissions.
Next-generation automation technology paves the way for sustainable H2 manufacturing
In the last few years, sustainability initiatives have started a dramatic shift from hydrocarbon to hydrogen (H<sub>2</sub>) production.
Innovations
For organizations to secure their operations and reduce cyber threats, a successful cybersecurity strategy requires solutions to secure endpoints—any device that is connected to a network outside of its firewall, including laptops, human-machine interfaces (HMIs), switches, Internet of Things (IoT) devices and more.
Business Trends: In uncertain times, how can industry balance energy security, sustainability and affordability?
What happened in 2022 has challenged assumptions about the energy transition.
Real-time monitoring of creep damage for fired equipment tubes, employing advanced web platforms
Within the petrochemical industry, fired heater tubes and boilers experience high tube metal temperatures (TMTs) for extended periods of time.
- US appeals court upholds biofuel blending mandates for 2020-2022 5/14
- SunGas Renewables, C2X partner to expand green methanol production capacity in North America 5/14
- HIF Global secures nearly $165-MM in investments to develop eFuels 5/14
- Ethylene downcycle puts nearly 25% of capacity at risk of closure 5/14
- GCC industry leaders solidify commitment toward plastic circularity 5/14
- ADNOC delivers first bulk shipment of CCS-enabled, low-carbon ammonia to Japan 5/14
