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Refining

Akselos secures investment from GRO

Akselos has received an investment from GRO to accelerate the advancement of its physics-based digital twin. The company's technology is currently in use across the energy industry, including upstream, downstream, and renewable energy.

 
 
 
 

Cenovus' Toledo refinery to restart

After extensive repairs due to a fire, workers at Cenovus' Toledo refinery in Ohio, US, hope to restart the facility's crude 1 sour unit this week, followed by the sequential start-up of the rest of the facility.

 
 

Lower crude oil inventories and higher prices predicted

The EIA expects global oil production to be lower than previously expected after OPEC+ announced that it will extend its crude oil production cuts, and Saudi Arabia announced an additional cut of 1 million bpd.

 

DNV: energy industry boosting investment in cybersecurity

New research by DNV has revealed that the energy industry is boosting its cybersecurity spending, as heightened geopolitical tensions and the accelerating adoption of digitally-connected infrastructure have sparked concerns over the sector’s vulnerabilities.

 
 
 
 

Eni and RINA sign energy transition

RINA and Eni have signed an agreement to jointly develop initiatives that can contribute to the energy transition and decarbonisation of their respective operations, particularly maritime transport.

 
 
 

CLG wins contract from TAQAT

Chevron Lummus Global (CLG) and TAQAT Development Co. have announced a license and engineering agreement for a needle coke/synthetic graphite complex.