Yousef A. Al-Benyan, Vice Chairman and CEO of SABIC, and Chairman of the Gulf Petrochemicals and Chemicals Association, has stated that the GCC chemical industry must refocus on meeting decarbonisation and circularity goals.
The aim of the agreement is to implement carbon capture facilities based on technologies developed and consolidated by Axens.
Plastic Energy and Axens are partnering with Qenos in the planning of a major circular plastics manufacturing capability in Australia.
ExxonMobil is planning a hydrogen production plant and one of the world’s largest CCS projects at its integrated refining and petrochemical site at Baytown, Texas, US.
Phillips 66 intends to reduce the greenhouse gas emissions intensity from its operations by 50%.
The company has made a Final Investment Decision to expand carbon capture and storage at its LaBarge facility in Wyoming, US. The expansion project will capture up to 1.2 million t of CO2.
Wood Mackenzie analyses the risks to commodities and corporate exposure, as well as the wider economic fallout of Russia’s invasion of Ukraine.
ExxonMobil has completed its first commercial sale of certified circular polymers, using its ExxtendTM technology for advanced recycling of plastic waste.
New research from DNV reveals that optimism is surging as the global energy industry fully-focuses on transition.
Bechtel, Enppi, Petrojet, GE, Baker Hughes, HSBC, and the National Bank of Egypt have signed an MoU to provide execution, technology and financing expertise to support the decarbonisation of select downstream facilities in Egypt.
The Circular Plastics Fund will invest in advanced recycling businesses which convert plastic waste back into virgin grade feedstock for the manufacturing of new products.
Shell announced that it has become the first supplier of sustainable aviation fuel (SAF) to customers in Singapore.
TotalEnergies and Honeywell have announced a strategic agreement to promote the development of advanced plastic recycling.
The companies have formed a strategic partnership in order to research and develop lower carbon fuel facilities to help address plastic pollution and the global energy transition.
Baker Hughes recently signed a Memorandum of Understanding with the Egyptian General Petroleum Corp. that aims to establish a flare recovery initiative to support emissions recovery and reduction across Egypt’s upstream and downstream oil and gas operations.