Refining

BASF has received funding approval from the German Federal Ministry for Economic Affairs and Climate Action for the construction of the world’s largest industrial heat pump.

Johnson Matthey (JM) has announced the opening of its new Engineering Centre in Mumbai, India.

Graham Corp. has announced the successful launch of its steam ejector nozzle with a customer installation in a Gulf Coast refinery.

The US Energy Information Administration reports that global refinery margins, measured by the 3:2:1 crack spread, have been less than their five-year (2019 - 23) averages since the spring and dropped even more in the late summer and early fall.

Honeywell has announced that the St1 refinery has started using Honeywell’s EcofiningTM technology to produce sustainable aviation fuel (SAF).

Baker Hughes and Repsol have announced a new agreement to collaboratively develop and deploy next-generation artificial intelligence (AI) capabilities through the Leucipa™ automated field production solution.

Kinaxis® has announced a co-development deal with ExxonMobil to create supply chain technology solutions designed specifically for the energy sector.

Clariant has hosted a Memorandum of Understanding (MoU) signing ceremony with DS Dansuk at its Pohang production site in Korea to mark the commissioning of its Tonsil RNF series of high performing adsorbent.

NEXTCHEM, through its subsidiary KT Tech, has been awarded by Binh Son Refining and Petrochemical Joint Stock Co. (BSR) the licensing and the process design package (PDP) for a new hydrogen production unit.

Honeywell and Qualcomm Technologies, Inc. have announced an expanded collaboration to develop new artificial intelligence (AI)-enabled solutions for the energy sector.

QatarEnergy has announced entering into a long-term naphtha supply agreement with Singapore-based Shell International Eastern Trading Company (Shell).

Vertex Energy, Inc. has announced the successful start-up of the Mobile, Alabama refinery hydrocracker in conventional service.

Baker Hughes has announced its largest order ever of Integrated Compressor Line (ICL) units with Dubai Petroleum Establishment (DPE), for and on behalf of Dubai Supply Authority (DUSUP).

Nikolas Larsen and Nicholas Newlon, Marathon Petroleum Corp., alongside Grant Severyn and Andrew Novotny, BASF Corp., present a case study in which a novel catalyst technology was used to improve the profitability of fluid catalytic cracking units at refineries.

EET Fuels, owner of the Stanlow refinery, has successfully agreed US$650 million in receivable financing and trade credit financing facilities in this quarter.