Wood Mackenzie reports that replacing Norway’s oil and gas supplies to Europe with imports would significantly increase emissions between 2024 - 2040.
The US Energy Information Administration (EIA) expects that US residential electricity prices will increase by about 1% in 2024, the slowest rate of year-over-year growth since 2020.
TotalEnergies has signed an agreement to sell its 50% stake in Total PARCO Pakistan Limited (TPPL) to Gunvor Group, a leading global commodities trading company.
ABB has been commissioned to upgrade one of the turbine control systems at the 1300 MW Keppel Merlimau Cogen (KMC) combined cycle gas turbine on Jurong Island in Singapore, to improve efficiency and reliability.
The US Energy Information Administration (EIA) reports that crude oil imports from Canada have become increasingly important to US oil refineries, now making up most US imports.
This partnership aims to accelerate the use of artificial intelligence (AI) to streamline and contextualise data management and asset performance across the oil and gas, energy, petrochemicals, and manufacturing industries.
The US Energy Information Administration (EIA) reports that US refining capacity increased in 2023 for the second time since the COVID-19 pandemic.
A South East Asian refinery, currently being upgraded and expanded under the Clean Fuel Project, will soon be completed.
Technip Energies has been awarded an Engineering and Procurement contract by Chevron Phillips Chemical (CPChem) for the supply of a proprietary low emission cracking furnace in an existing olefins unit at its facility in Sweeny, Texas, US.
AVEVA has announced a strategic partnership with Meridian Energy Group Inc. to develop a digital twin for the first full-conversion refinery built in the US since 1976, and the first modern 'greenfield' advanced technology refinery constructed in the US.
Frontera Energy Corp. has announced that its subsidiary, Sociedad Portuaria Puerto Bahía S.A. (Puerto Bahia), and Gasco Soluciones Logísticas y Energéticas S.A.S. (GASCO) have entered an agreement to jointly pursue a liquified petroleum gas (LPG) project.
The EIA reports that this spring, California refinery crack spreads for gasoline and diesel dipped below average despite shrinking refinery capacity on the West Coast (PADD 5).
New research from Clarity AI reveals only 9% of the top oil and gas companies report Scope 3 emissions from their investments, leading to discrepancies in portfolio carbon footprinting.
Essar Energy Transition (EET) has launched EET Hydrogen Power, Europe’s first hydrogen-ready combined heat and power plant (CHP) to be built at its Stanlow refinery, with the aim of completing construction in 2027.
The US Energy Information Administration (EIA) reports that annual jet fuel consumption in the US grew in 2023 for the third year in a row but remained below the pre-pandemic peak in 2019.