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Process Optimization

Alberta premier says province open to providing carbon capture tax credits

Canada's main oil-producing province Alberta is open to bolstering tax credits for carbon capture and storage (CCS) technology but also wants the federal government to increase financial support, Premier Danielle Smith said this week.

ERIKS North America completes acquisition of DeeTag

ERIKS North America announced that it has acquired DeeTag, a distributor and fabricator of hydraulic and industrial hose assemblies.

API unveils plan to make, move and improve American energy

The American Petroleum Institute (API) President and CEO Mike Sommers today released a new report and outlined the policies needed to make, move and improve American energy and prioritize U.S. natural gas and oil.

Green industries could be worth $10.3 T to economy by 2050

Industries helping the world shift to net-zero emissions could be worth $10.3 T to the global economy by 2050, sustainable development consultancy Arup and economics advisory firm Oxford Economics said in a report on Tuesday.

QatarEnergy, Chevron Phillips Chemical to begin construction on integrated polymers complex

QatarEnergy and Chevron Phillips Chemical Company LLC announced they will proceed on construction of a $6 B integrated polymers complex in Ras Laffan Industrial City, Qatar.

Samsung Engineering receives an ethylene project contract from Ras Laffan Petrochemicals in Qatar

Samsung Engineering will be in charge of the major ethylene production facilities with its scope of work including furnaces, C2 hydrogenation, hydrogen purification unit and three main compressors.

Petrobras reinforces security at refineries after threats

Petroleo Brasileiro SA stepped up security at its refineries in a precautionary measure after threats against assets, including Brazil's biggest fuel plant, two company officials said, speaking on condition of anonymity.

Phillips 66 to acquire publicly held common units of DCP Midstream, LP

Phillips 66 and DCP Midstream, LP announced that they have entered into a definitive agreement pursuant to which Phillips 66 will acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit.

Technip Energies wins large project management consultancy contract by Kuwait Oil Company

The five-year framework agreement contract covers front-end engineering design (FEED), project management, and associated services for KOC’s major projects.

Sponsored Content: How can we deliver one of the fuels of the future?

The world needs more energy than ever before. Which means we need a sustainable system that can meet these growing demands, whilst also addressing CO2 emissions and the overall impact on the environment.