The US Energy Information Administration (EIA) reports that on the Monday before Thanksgiving, the retail price of regular gasoline averaged US$3.04/gal across the US, 7% less than the same time in 2023.
With petrochemicals sector growth set to slow down over the course of the next decade, energy specialist Aggreko is encouraging refinery operators to target efficiency gains in order to remain competitive in the shifting market landscape.
Zeren Group has successfully completed its acquisition of Türkiye Petrolleri (TP Petrol Dagitim A.S.), one of Turkey's largest fuel retail chains, following the receipt of all necessary regulatory approvals.
In line with its 2030 ambition to decarbonise the hydrogen used in its European refineries, TotalEnergies has joined forces with Air Liquide to produce renewable hydrogen at La Mède in southeast France.
Gasoline consumption in China has begun to fall in recent months amid increased sales of electric vehicles, slow economic growth, and population decline.
AIQ and Kent have signed a strategic collaboration agreement to explore advanced artificial intelligence (AI) applications in engineering optimisation and digital transformation.
BASF has announced that it will invest in additional production capacity for its X3D® technology, a new additive manufacturing technology for catalysts based on 3D printing.
The US Energy Information Administration (EIA) expects US refinery capacity to be 17.9 million bpd at the end of 2025, about 3% less than at the beginning of 2024.
Halliburton has announced that it is opening new facilities in Namibia, highlighting the importance of the country’s growing oil and gas industry.
Travertine has announced a partnership with Sabin Metal Corp. to build demonstration plant in Upstate New York.
Akselos has announced the expansion of its Structural Performance Management (SPM) software offering for hydrotreaters in the refining and petrochemicals sector.
BASF Environmental Catalyst and Metal Solutions (ECMS) has opened a new laboratory in Hannover, Germany, dedicated to advancing research on anode and cathode platinum group metal (PGM)-containing catalysts and components.
The US Energy Information Administration (EIA) reports that US fuel ethanol exporters are on track to export a record amount of the fuel in 2024.
The partnership includes an investment from Lummus Venture Capital to accelerate the commercialisation of Advanced Ionics' hydrogen electrolyser technology and support the decarbonisation efforts in the refining, gas processing and petrochemical industries.
Dennis Rohe, Imubit, navigates the trilema of efficiency, security and environmental responsibility.