According to GlobalData, Asia is expected to register the highest refinery FCCU capacity additions globally between 2022 and 2026, accounting for approximately 48% of the total capacity additions by 2026.
Asia is expected to register the highest refinery hydrotreater capacity additions globally between 2022 and 2026, accounting for approximately 39% of the total capacity additions by 2026, reports GlobalData.
Changes to both production and consumption of global liquid fuels have changed the EIA's forecast for balances between the two for the rest of 2022 and 2023. For most of 2021, more liquid fuels were consumed globally than produced.
Essar Oil UK has taken delivery of the first-ever hydrogen-powered furnace at its Stanlow site in Ellesmere Port, Cheshire, UK.
Baker Hughes has announced an agreement to acquire Quest Integrity, a subsidiary of Team Inc.
American Petroleum Institute (API) President and CEO Mike Sommers has issued a statement on the recent House passage of the Inflation Reduction Act.
Kpler has obtained the exclusive right to combine IIR Energy’s refinery data with its own flows and inventories data, to create a new benchmark for crude and refined product market analysis.
The House of Representatives is set to take up the Inflation Reduction Act of 2022 that covers tax, energy, climate and other issues that impact the refining and petrochemical industries. After careful review, AFPM opposes this legislation.
Global crude oil trade patterns have shifted since Russia’s full-scale invasion of Ukraine, and have particularly affected countries in Europe.
According to BreachBits, a cyber risk rating and monitoring company, the majority of companies across the US oil and gas industry are at risk of a successful cyber breach.
TOYO has been awarded a contract by IOCL for the EPCC of a new 2.5 million tpy vacuum distillation unit in Gujarat, Western India.
BP has reached an agreement to sell its 50% interest in the BP-Husky Toledo refinery in Ohio, US, to Calgary-based Cenovus – its joint venture partner in the facility.
DOE has announced up to US$32 million in funding toward the research and development of monitoring, measurement and mitigation technologies to detect, quantify and reduce methane emissions across oil and natural gas producing regions of the US.
The list of references associated with the article entitled 'MOFs for the energy transition', which featured in the September 2022 issue of Hydrocarbon Engineering.
Siemens Smart Infrastructure has completed the acquisition of Brightly Software – a leading US-based software-as-a-service (SaaS) provider of asset and maintenance management solutions.