http://www.hydrocarbonprocessing.com Hydrocarbon Processing Shell records nearly $8-B Q1 profit on the back of refining, chemicals/products and LNG divisions https://hydrocarbonprocessing.com/news/2024/05/shell-records-nearly-8-b-q1-profit-on-the-back-of-refining-chemicalsproducts-and-lng-divisions/ Shell reported a Q1 profit of $7.7 B, boosted by Red Sea trading disruptions, Russian refining outages and Shell's LNG production increases. ADNOC, G42 and Presight partner to accelerate AI solutions for the energy sector https://hydrocarbonprocessing.com/news/2024/05/adnoc-g42-and-presight-partner-to-accelerate-ai-solutions-for-the-energy-sector/ ADNOC, G42 and Presight AI Holding Plc., an ADX publicly listed company, have announced a new shareholding structure for AIQ. Business Trends: Global chemicals industry outlook for 2024 https://hydrocarbonprocessing.com/magazine/2024/april-2024/trends-and-resources/business-trends-global-chemicals-industry-outlook-for-2024/ After a challenging end to 2022, many in the chemical industry anticipated a modest rebound in production in 2023. However, by mid-2023, several chemical companies significantly lowered their expectations. Global Project Data https://hydrocarbonprocessing.com/magazine/2024/april-2024/trends-and-resources/global-project-data/ Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,200 active projects in the hydrocarbon processing industry. UAE's Fujairah March marine bunker sales hit highest in more than a year https://hydrocarbonprocessing.com/news/2024/04/uaes-fujairah-march-marine-bunker-sales-hit-highest-in-more-than-a-year/ Marine bunker fuel sales at the United Arab Emirates' Fujairah port hit their highest in more than a year in March 2024, buoyed by firmer global refueling demand after Red Sea shipping disruptions. UAE's ADNOC recently eyed bp as takeover target, sources say https://hydrocarbonprocessing.com/news/2024/04/uaes-adnoc-recently-eyed-bp-as-takeover-target-sources-say/ The United Arab Emirates' state-owned oil company recently considered buying Britain's bp but the deliberations did not progress beyond preliminary discussions. Russian oil and products trapped on tankers hit by new Iran-related sanctions https://hydrocarbonprocessing.com/news/2024/04/russian-oil-and-products-trapped-on-tankers-hit-by-new-iran-related-sanctions/ Russian oil and products have become trapped at sea on four tankers after the U.S. hit the vessels with fresh Iran-related sanctions OCP and Fortescue to partner to develop green energy, hydrogen and ammonia in Morocco https://hydrocarbonprocessing.com/news/2024/04/ocp-and-fortescue-to-partner-to-develop-green-energy-hydrogen-and-ammonia-in-morocco/ OCP Group and Fortescue Energy announced a landmark JV in Morocco which aims to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets. KBR purifier ammonia technology selected by El Nasr Company for Intermediate Chemicals in Egypt https://hydrocarbonprocessing.com/news/2024/04/kbr-purifier-ammonia-technology-selected-by-el-nasr-company-for-intermediate-chemicals-in-egypt/ KBR announced that its Purifier ammonia technology was selected by Wuhuan Engineering Co. Ltd. for the expansion of El Nasr Company for Intermediate Chemicals’ fertilizer complex in Egypt.  ACME Group and Hydrogenious LOHC Technologies to jointly explore hydrogen value chains from Oman to Europe https://hydrocarbonprocessing.com/news/2024/04/acme-group-and-hydrogenious-lohc-technologies-to-jointly-explore-hydrogen-value-chains-from-oman-to-europe/ ACME Group and Hydrogenious LOHC Technologies, have signed a Memorandum of Understanding to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply chains from ACME’s projects in Oman to supply hubs in Europe using the innovative LOHC technology.