Honeywell has announced a strategic collaboration with Chevron to develop advanced artificial intelligence (AI)-assisted solutions to help operators make decisions to enhance efficiency for refining processes.
SABIC has announced the launch of its new certified low carbon product portfolio.
Ravindra Heraeus has acquired Arora Matthey’s catalyst and recycling site in Vizag, India.
The EIA has reported that the US is the world’s largest gasoline exporter.
Imubit has launched the process industry’s first closed loop AI optimisation solution powered by reinforcement learning to aid industrial challenges.
TransTech Group’s subsidiary, Metalforms, has acquired the North American business of Koch Heat Transfer.
GlobalData says that the oil and gas industry is slowing their energy transition pursuit as the focus shifts back to fossil fuels.
Sulzer has opened a new service centre in Europe to boost the process industry resilience.
More jet fuel has been in US West Coast inventories than over the previous five years for 29 out of 35 weeks so far in 2024, according to the US Energy Information Administration's (EIA) Weekly Petroleum Status Report (WPSR).
KBC (A Yokogawa Company) has announced its acquisition of Flaretot® Ltd, a leading simulation software provider specialising in the design and evaluation of flare systems for hydrocarbon processing plants.
MAIRE has announced that NEXTCHEM, through its subsidiary NextChem Tech, has been awarded by SOCAR two contracts to upgrade and expand the capacity of the Heydar Aliyev Oil Refinery (HAOR) industrial complex in Baku, Azerbaijan.
Axens has been awarded by Shell Deutschland GmbH the Engineering, Procurement and Fabrication contract to supply electrical tubular heater for Shell’s base oil distillation unit in Wesseling, Germany.
NewEnergyBlue, the clean-technology designer of biomass refineries that turn agricultural waste into decarbonised biofuels and biochemicals, has finalised its purchase of Inbicon biomass-conversion technology from Ørsted.
KBR has been awarded a contract for its ROSE® supercritical solvent de-asphalting (SDA) technology from Zhejiang Petroleum & Chemical Co. Ltd. (ZPC), a subsidiary of Rongsheng Petrochemical Co. Ltd. in China.
The US Energy Information Administration (EIA) expects that Brent crude oil prices will return to above US$80/bbl this month, after dipping to US$73/bbl on 6 September.