Refining
Boeing partners with Norsk e-Fuels to advance SAF production
Boeing’s investment will accelerate the production and availability of sustainable aviation fuel (SAF) in the Nordics and globally. It is also intended to support the commercial aviation industry’s and ICAO member states’ common goal to achieve net-zero carbon emissions by 2050.
Radix, Celanese, Cognite partner to develop JO.AI, a groundbreaking generative AI-powered solution
Radix and Celanese will collaborate with Cognite on the development of JO.AI, a groundbreaking generative AI-powered solution designed to revolutionize operations in asset-intensive industries.
ExxonMobil’s next-generation H2 burner can help decarbonize a key industry
At its olefins plant in Baytown, Texas, ExxonMobil has designed and installed pyrolysis burners that can operate on up to 100% H2 fuel. A total of 44 burners were installed in one of the plant’s steam cracking furnaces.
Russian oil refining rises as U.S. sanctions target crude
Russian refineries are processing more crude oil in the hope of boosting fuel exports after new U.S. sanctions on Russian tankers and traders made exports of unprocessed crude more difficult.
China 'teapot' refiners halt plants as new fuel tax
Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance periods as new Chinese tariff and tax policies plunge them deeper into losses.
Emerging Fuels Technology awarded technology licensing contract for seawater CO2-to-SAF conversion plant
Emerging Fuels Technology's proprietary technology platform will be used on Sea Dragon Energy's demonstration plant that will convert CO2 extracted from seawater into synthetic jet fuel (sustainable aviation fuel).
Yokogawa, UptimeAI partner to enhance asset performance management in industrial plants
Yokogawa Electric Corporation and UptimeAI Inc. announced a strategic agreement aimed at dramatically enhancing asset performance management in industrial plants. The agreement is underscored by a capital investment in UptimeAI by Yokogawa.
Yokogawa and UptimeAI partner to deliver operational excellence through AI-powered APM
Yokogawa Electric Corp., a global leader in industrial automation and control, and UptimeAI Inc., a provider of a cutting-edge artificial intelligence (AI)-based operational excellence platform designed to mimic experts in identifying and solving operational issues, have announced a strategic agreement aimed at dramatically enhancing asset performance management (APM) in industrial plants.
U.S. crude stockpiles hit near 3-yr low despite softer refinery demand
U.S. crude oil inventories slipped to their lowest level since March 2022 last week, even as refining activity fell sharply, cutting demand for crude.
Australia's Ampol expects lower annual earnings on Lytton refinery snags
Australia's Ampol estimated a steep drop in annual earnings on Thursday as production at its Lytton refinery in Queensland was hit by operational constraints and lower refining margins.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
