Natural Gas
Egyptian fertilizer plants shut down temporarily due to gas supply pressures
Gas supplies will gradually resume flowing as of Thursday to fertilizer factories in Egypt after several chemical and fertilizer companies shut down plants on a temporary basis.
Verde Clean Fuels awards gas-to-gasoline FEED contract to Chemex Global
The proposed project aims to utilize Verde Clean Fuels’ proprietary STG+ process to convert natural gas from Diamondback Energy’s Permian Basin operations into gasoline.
Goldman Sachs: Global LNG market to grow by 50% by 2029
Growth in oil investment shows signs of peaking in non-OPEC countries, while investment in liquified natural gas (LNG) is expected to increase more than 50% by 2029, according to Goldman Sachs Research.
SUBLIME Energies introduces novel biogas liquefaction technology
SUBLIME Energies' new biogas liquefaction process efficiently transports and pools biogas produced by multiple farms, reducing initial investments and operating costs.
ConocoPhillips to acquire Marathon Oil Corporation for $22.5 B
ConocoPhillips and Marathon Oil Corporation announced today that they have entered into a definitive agreement pursuant to which ConocoPhillips will acquire Marathon Oil in an all-stock transaction with an enterprise value of $22.5 B.
Verbio commences biorefinery conversion project in Indiana (U.S.)
Verbio has begun converting its South Bend ethanol plant into a cutting-edge biorefinery. With a groundbreaking ceremony, Verbio aims to integrate renewable natural gas (RNG) and bioethanol production through innovative methods.
A multi-objective optimization study for an integrated oil refinery-petrochemical plant—Part 1
The study of the ideal integration of an oil refinery and an ethylene production facility has regained interest due to the rising costs of crude oil and its derivatives. This study proposes a multi-objective optimization approach that maximizes the net profit and production of ethylene and propylene in an integrated plant.
GAIL to invest $6 B in new ethane cracker in India
GAIL India plans to invest $6 B in a new 1.5-MMtpy ethane cracking unit in Sehore, Madhya Pradesh, India.
ADNOC to acquire 10% equity stake in major LNG development in Mozambique
ADNOC announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, entitling ADNOC to a share of the LNG production from the concession, which has a combined production capacity exceeding 25 MMtpy.
Tackle operational challenges with FCC coprocessing applications
Refiners are actively developing new solutions to decarbonize their finished products—such as transportation fuels or commodity chemicals—as part of the energy transition. As a result, refiners are now exploring the co-feeding of alternative feedstocks, including renewable and recyclable crude oils, as a means of lowering the carbon footprint of their products.
- Axens, IFPEN and JEPLAN launch commercial licensing of the Rewind® PET process 10/22
- ProSep to deliver its Multiphase Adjustable Xtreme test units to Polish refiner 10/22
- BGEN signs five-year contract with INEOS O&P UK 10/22
- Wizz Air and Airbus to launch SAF trial ahead of EU mandates 10/22
- Four new petroleum liquids pipelines have been completed in the U.S. since 2023 10/22
- Australia fuel supplier Viva Energy's retail and refining challenges continue to hurt 10/22
