Refining

According to EIA, US crude oil exports reached record levels in 2020 and remain high in 2021, despite volatility in global oil markets.

Maire Tecnimont S.p.A. has announced that its main subsidiaries have been granted several awards for a total amount of approximately US$92 million for licensing and engineering and procurement (EP) services.

Trinidad Petroleum Holdings Ltd (TPHL) has commenced a broad-based process for a transaction involving the Guaracara Refining Co. Ltd's refining assets, and the restart of the refinery.

Haldor Topsoe has described the introduction of the system as a ‘key milestone’ in its digital transformation.

McKinsey & Co. predicts that demand for light product, which largely drives refining utilisation, will plateau by the mid-2020s – even in the case of a delayed energy transition.

ProSep has secured two multi-million-dollar contracts that will lower the use of harmful chemicals in gas oil separation plants in the middle east.

JANAF Plc. has concluded contracts for transport of crude oil and storage of petroleum products with INA d.d.

McDermott has been selected by LACC to provide engineering, procurement and construction for a seventh heater addition to its LACC ethane cracker facility in Westlake, Los Angeles, US.

Members of OPEC+ have agreed to increase their output, with the aim of reducing prices.

Technip Energies has announced that the Bora LyondellBasell Petrochemical Co. Ltd’s 1000 tpy ethylene plant reached performance guarantees.

TotalEnergies has completed a transaction with GIP Australia (GIP) in relation to the downstream facilities of the Gladstone LNG project owned by its subsidiary Total GLNG Australia (TGA).

According to GlobalData, Asia is expected to lead the global polypropylene capacity additions with a capacity of 40.32 million tpy by 2025.

The technology group Wärtsilä is pioneering the adoption of hydrogen and ammonia as viable engine fuels through advanced testing in Wärtsilä’s fuel-flexible combustion engines.

A new advertising campaign from the AFPM spotlights the surging costs and unprecedented impact of biofuel mandates on the US’ refineries.

Swiss International Air Lines (SWISS) has established the first end-to-end logistics chain for importing Neste MY Sustainable Aviation Fuel™ (SAF) to Switzerland in collaboration with various partners.