Idemitsu to cease operations at its Yamaguchi Refinery by 2024
In light of evolving operating environments, Idemitsu has determined that a revamping of the Idemitsu group's manufacturing and supply framework is inevitable.
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Braskem Idesa has signed an investment agreement with Advario for a joint 50% stake in the construction and operation of an ethane import terminal in Mexico – the Puerto Mexico Chemical Terminal.
On 8 June 2022, an incident occurred at the Freeport LNG liquefaction plant on Quintana Island, Texas, US, that resulted in the release of LNG, leading to the formation and ignition of a natural gas vapour cloud, and subsequent fire.
Chevron Corp. has completed its previously-announced acquisition of Renewable Energy Group (REG), following approval by REG stockholders.
Following the request for proposals in relation to partner selection for the North Field East LNG project, TotalEnergies has been awarded a 25% interest in a new joint venture, alongside QatarEnergy (75%).
Vegas Renewable Diesel Inc. has announced the acquisition of a prime site near Las Vegas, US, for a renewable diesel refinery.
According to Wood Mackenzie, potential low-carbon hydrogen demand from the global refining sector could reach 50 million tpy by 2050.
Elliott Group is now offering an impulse-type, two-phase cryogenic expander that allows for the expansion of liquefied gases into two-phase mixtures.
GTC Vorro Technology, a provider of environmental services and process technologies to oil and gas, refining, petrochemical and chemical companies, has been acquired by US-based MBT Technology.
The EIA forecasts that US refinery utilisation will be relatively high this summer in response to strong wholesale prices for petroleum products, such as diesel and gasoline.
