In response to the Biden Administration’s recent announcement of a release of crude oil from the US Strategic Petroleum Reserve (SPR), the American Fuel & Petrochemical Manufacturers (AFPM) has issued the following statement:
The agreement, which was signed in October 2021, has now been approved by regulatory authorities.
MCO-I has secured a contract to deliver compressor train equipment for Chevron Phillips Chemicals' new propylene unit in Texas.
ClearSign Technologies has received an initial engineering order from a large independent national refiner as the first phase of a project to retrofit two process heaters in one of the company's Californian refineries.
Neste is conducting a feasibility study to examine investing in capacity for processing liquefied waste plastic at its refinery in Porvoo, Finland, where the company are working on commercialising the chemical recycling of waste plastic.
SPEC Energy DMCC will use a range of Honeywell UOP process technologies at its refinery to convert low-value vacuum gas oil and vacuum residue into high-value products such as gasoline and alkylate.
Amarinth has delivered bespoke and compact API 610 vertical in-line pumps to be used at SABIC's petrochemical refinery in Yanbu, Saudi Arabia.
Groupe ADP, GMR Airports, Airbus, Axens and Safran have signed a MoU to conduct a joint study on Sustainable Aviation Fuels (SAF) and their potential in India.
The American Petroleum Institute has awarded its Gold Medal for Distinguished Achievement to Gary R. Heminger, former chairman and CEO of Marathon Petroleum Corp.
The three companies are working together to develop industrial asset management solutions for clients in the energy and industrial sectors.
Detect Technologies, an industrial AI and SaaS enterprise, has announced a global agreement with Shell to deploy its integrated AI solution across Shell operations.
TotalEnergies Marine Fuels has carried out its first marine bio-VLSFO bunker delivery in Singapore’s port waters.
RefiPampa has signed agreements with Elessent Clean Technologies for the license and basic engineering of a new IsoTherming diesel hydrotreating and dewaxing unit, which will be installed at the RefiPampa facility in La Pampa, Argentina.
Flutura recently deployed its suite of artificial intelligence solutions at Delek US' Big Spring Refinery in Texas, US.
Rising crude oil prices, low refinery production, and increased consumption of distillate fuel have contributed to the highest nominal (not adjusted for inflation) distillate prices since 2014, reports the EIA.