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New report identifies overwhelming enthusiasm for green utility provision in petrochemicals sector

A new report and survey into utility provision in the petrochemical industry has identified overwhelming enthusiasm for sustainable practices, with almost all process engineers surveyed stating they would pay substantially more for greener equipment.

Wärtsilä and EBDG collaborate on green methanol-powered barge

Technology group Wärtsilä has entered into a collaboration agreement with Seattle, (U.S). based naval architecture and marine engineering firm, Elliott Bay Design Group, to further develop EBDG’s Clean Harbor Alternative Mobile Power Barge design featuring Wärtsilä’s methanol engine technology.

Oil prices nearly flat as market weighs Chinese demand, North America supply increase

Oil prices were little changed as markets weighed new economic data from China against increasing supply from the Western Hemisphere.

Ethanol's dwindling discount to gasoline could slow U.S. biofuel demand

Ethanol's smallest discount to gasoline in seven months could reduce demand for U.S. biofuels and make higher ethanol blends such as E85 less profitable.

Saudi Aramco, UAE's ADNOC in talks to invest in U.S. LNG projects

Gulf oil giants Saudi Aramco and Abu Dhabi National Oil Company are in talks to invest in U.S. LNG projects, as they step up competition with oil majors and regional rival Qatar in the booming super-chilled gas market.

BASF Monomers achieves a key sustainability milestone: certified sustainable products now globally accessible

With its MDI production site in Geismar, Louisiana, (U.S.) joining the ranks of ISCC PLUS and REDcert2-certified locations, BASF can now offer its customers regionally produced ISCC PLUS and/or REDcert2 certified isocyanates and polyamides all over the world.

Koch Modular advances clean technology through additional pilot study with ReGen III

Koch Modular Process Systems, a market-leading provider of engineered and fabricated modular mass transfer systems for the chemical processing industry, announces the commencement of additional pilot testing to expand ReGen III Corp.'s Molecular Separation Unit capabilities.

Reduced refinery activity puts upward pressure on gasoline and diesel prices

Although U.S. retail average prices for gasoline and diesel are below 2023 prices for this time of year, decreasing regional inventories for the major U.S. refining regions increased retail prices for both fuels last month.

Return of U.S. oil sanctions would clip Venezuela's output gains, analysts say

A possible reimposition of U.S. oil sanctions on Venezuela next month would stagnate the OPEC-member country's crude output, wiping out the small gains it has achieved in recent years.

Bunge Chevron Ag Renewables to build new oilseed processing plant in Louisiana (U.S.)

Bunge and Chevron announced approval of a final investment decision for their joint venture Bunge Chevron Ag Renewables LLC to build a new oilseed processing plant adjacent to its existing processing facility located on the Gulf Coast in Destrehan, LA (U.S.).