BASF announces new subsidiary
As of 1 January 2022, BASF will bundle its activities in renewable energies under the umbrella of BASF Renewable Energy GmbH.
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As of 1 January 2022, BASF will bundle its activities in renewable energies under the umbrella of BASF Renewable Energy GmbH.
Under the agreement, the companies will cooperate in the procurement of imported natural gas resources; construction and utilisation of urban gas storage tanks; and supply of natural gas to downstream companies.
Cheniere’s subsidiary, Cheniere Marketing, has entered into a binding 20-year LNG Sales and Purchase Agreement with Foran.
With a new project organisation, BASF is accelerating its cross-company activities to reduce its CO2 emissions by 25% by 2030, and become climate neutral by 2050.
Shell Eastern Petroleum (Pte) Ltd has announced that it will build a new pyrolysis oil upgrader unit that improves the quality of pyrolysis oil and turns it into chemical feedstock for its plant.
In response to the highest oil prices in 7 years, Biden Administration has authorised the release of 50 million barrels of crude oil from DOE’s Strategic Petroleum Reserve.
The company has continued its multi-year achievements of zero lost time incidents and a zero total recordable incident rate.
Final Investment Decisions have been made to approve the developments, including new domestic gas facilities and modifications to Pluto Train 1.
Siemens Energy has secured an order for the integrated LNG-to-power project, GNA II, located at the Port of Açu, Brazil.
The companies are planning to develop one of the world’s largest cross-border carbon capture and storage value chains.
EXERGY has inked a new deal to engineer and supply two ORC units for a petrochemical production facility located in Jiangyin, China.
Lummus Technology has signed a letter of intent with Phigenesis for the delivery of ISCC+ certified renewable chemical feedstock to be used in existing petrochemical plants.