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Prax Group agrees to acquire interest in PCK Schwedt refinery
15-12-2023
The Prax Group has announced that it has signed a Sales and Purchase Agreement to acquire a 37.5% interest in PCK Schwedt Refinery and its associated logistic ...
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Neste refinery in Porvoo is preparing for a major turnaround in spring 2024
14-12-2023
Neste secures safe and undisrupted operations at its refineries with regularly scheduled maintenance shutdowns, i.e. major turnarounds. The next major turnaround ...
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SSE Thermal acquires 50% stake in H2NorthEast hydrogen project
13-12-2023
SSE Thermal has become joint owner of a blue hydrogen project in Teesside which is set to play a major role in supporting a reliable decarbonised power system ...
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Mott Corporation and DL E&C agreement with S-OIL to advance cutting edge chemical production
12-12-2023
Today Mott Corporation, a global leader in filtration and flow control solutions, announced a new eight-figure agreement with South Korean refinery S-OIL. Mott ...
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Aramco to acquire a 40% stake in Gas & Oil Pakistan
12-12-2023
Aramco, one of the world’s leading integrated energy and chemicals companies, today signed definitive agreements to acquire a 40% equity stake in Gas & ...
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Gunvor partners with ClearShift on zero carbon diesel and chemicals
12-12-2023
As part of its strategy to accelerate the energy transition, Gunvor USA LLC, part of the Gunvor Group and one of the world's largest independent commodities ...
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PTQ Magazine call for articles
12-12-2023
For 27 years, PTQ’s independent editorial policy and reputation within the industry have allowed us to provide the most relevant content, highlighting the ...
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Phillips 66 announces 2024 capital program
08-12-2023
Phillips 66 today announced a 2024 capital budget of $2.2 billion, including $923 million for sustaining capital and $1.3 billion for growth capital. Excluding ...
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BASF and Heidelberg University extend collaboration at catalysis laboratory
08-12-2023
BASF and Heidelberg University will continue to jointly operate the Catalysis Research Laboratory for a further five years. The two partners signed an agreement ...
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Lummus and NET Power sign agreement for heat transfer equipment
06-12-2023
Lummus Technology announced it has signed a Strategic Supply Agreement with NET Power Inc, to design and supply recuperative heat exchangers for NET Power's ...
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Lummus and Toshiba partnership for advanced carbon capture solutions
05-12-2023
Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Toshiba Energy Systems & Solutions Corporation announced ...
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CPC Pumps International extends its global manufacturing footprint
04-12-2023
Canadian-headquartered CPC Pumps International reached a significant milestone this week, as it celebrated the completion of its first pump assembly in Pune, ...
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Cosmo Oil and Yokogawa start exploring possibilities for refinery digitalization
01-12-2023
Cosmo Oil Co Ltd, and Yokogawa Electric Corporation are pleased to announce that Cosmo Oil and the Yokogawa Electric subsidiaries Yokogawa Solution Service ...
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Neste granted investment for its green hydrogen project at the Porvoo refinery
28-11-2023
In November 2023, the Ministry of Economic Affairs and Employment in Finland granted Neste an energy investment aid of EUR 1.96 million for heat recovery from ...
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Yokogawa and FPT Software ink global partnership to advance DX solution offerings
28-11-2023
Yokogawa Electric Corporation, a leading provider of industrial automation and test and measurement solutions, and FPT Software Company Limited, a global technology ...
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Dow approves Path2Zero project
28-11-2023
Dow today announced that its board of directors has declared Final Investment Decision on the Company's Fort Saskatchewan Path2Zero investment to build the ...
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Clariant and Conser further strengthen partnership in the maleic anhydride industry
28-11-2023
Clariant, a sustainability-focused specialty chemical company, today announced that it has signed an agreement with Conser, part of MAIRE Group, for ...
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ADNOC opens the region’s first high-speed green hydrogen refueling pilot station
24-11-2023
ADNOC, today announced that it has opened “H2GO”, the region’s first high-speed green hydrogen pilot refuelling station, to test a fleet of zero-emission ...
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Neste introduces solar power to its Porvoo refinery
24-11-2023
Neste has signed a purchase agreement for solar power supply to its Porvoo refinery in Finland with the renewable energy company CPC Finland Oy. Solar ...
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Samsung Engineering commences Sarawak H2biscus FEED project in Malaysia
24-11-2023
Samsung Engineering, a world leading engineering solutions and project management company, announced today, that with LOTTE CHEMICAL, Korea National Oil Corporation ...
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LyondellBasell to build industrial-scale advanced recycling plant in Germany
20-11-2023
LyondellBasell today announced it has made the final investment decision to build the company's first industrial-scale catalytic advanced recycling demonstration ...
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ExxonMobil to develop a petrochemical project and establish CCS facilities in Indonesia
17-11-2023
Exxon Mobil Corporation intends to allocate a substantial investment, amounting to $15 billion, to develop a petrochemical project and establish carbon capture ...
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XRG and Bayotech partner to design and build a next generation reformer furnace
15-11-2023
In this next generation reformer design, XRG will utilize their combustion expertise and CFD modeling capabilities to tailor heat flux profiles to BayoTech’s ...
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Reducing emissions from refining
14-11-2023
The global climate is warming up and countries and individual companies are seeking ways to reduce their emissions to slow down climate change. Looking at oil ...
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Dragos and Aramco sign MOU regarding the protection of industrial infrastructure in Saudi Arabia
13-11-2023
Dragos Inc, the global leader in cybersecurity for operational technology (OT) environments, announced today that it has signed a memorandum of understanding ...
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