EIA forecasts decline in crude oil prices
The EIA forecasts that rising production from OPEC+ countries and the US will lead to global liquid fuels inventories increasing and crude oil prices falling in 2022.
The EIA forecasts that rising production from OPEC+ countries and the US will lead to global liquid fuels inventories increasing and crude oil prices falling in 2022.
Rosneft has exercised the pre-emption right for a 37.5% share of the PCK refinery from Shell.
Albemarle Corp. has announced the commercial availability of its KF 774 PULSAR™ hydrotreating catalyst.
The companies have announced a new partnership to provide industrial cybersecurity services for critical infrastructure in the power and energy sector.
Axens has launched the New P/PR 200 Series in the Symphony family.
Big West Oil has selected Honeywell UOP’s ISOALKY technology to produce high-quality alkylate used to make clean-burning motor fuels at its Salt Lake City refinery.
Phillips 66 has announced plans to convert its Alliance Refinery into a terminal facility following damage from Hurricane Ida.
Johnson Matthey has appointed Alberto Giovanzana as Managing Director of Catalyst Technologies.
Haldor Topsoe and Hyundai Oilbank have signed a memorandum of understanding to develop sustainable and efficient solutions within a range of green energy solutions.
Honeywell and ZoneFlow Reactor Technologies to collaborate on breakthrough structured catalyst for hydrogen production.
EnerMech has formed a strategic alliance with Offshore Technical Services Ltd (OTS) to further support the execution of its large capital projects around the globe.
KP Engineering, LP has entered into a mutual collaboration agreement with OMNI Conversion Technologies Inc. to supply equipment and technology to produce hydrogen from waste with a negative carbon footprint at less than half the cost of electrolysis.
The President and CEO of the American Petroleum Institute (API), Mike Sommers, outlined the oil and gas industry’s priorities of pricing carbon, regulating methane, and reliably producing US energy.
Maire Tecnimont S.p.A. has signed an agreement of intent with Rosneft for the implementation of a project related to the construction of the VGO Hydrocracking Complex at at Ryazan Refining Co.’s (RORC) production site.
Petrofac has been awarded an engineering, procurement and construction contract valued at approximately €550 million from PC ORLEN Lietuva at its Mažeikiai Refinery in North-West Lithuania.