ExxonMobil plans US-based project for hydrogen production and CCS
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.
Stay up to date with the latest industry news and updates.
Shell has appointed Sinead Gorman as Chief Financial Officer, effective 1 April 2022. She will become a member of the company's Executive Committee and Board of Directors.
The European business community has been united in condemning the invasion of Ukraine by Russia. As such, Neste has replaced most Russian crude oil with other crudes, such as North Sea oil.
Phillips 66 intends to reduce the greenhouse gas emissions intensity from its operations by 50%.
BASF has announced that it will build a new world-scale production plant for alkylethanolamines at the Verbund site in Antwerp, Belgium.
Honeywell has announced that it has signed a licensing agreement with BP for its UOP’s Ecofining™ technology, to be used at BP's proposed diesel and SAF project in Western Australia.
INEOS Aromatics has completed the US$70 million modernisation of a PTA facility in Merak, Indonesia, which significantly reduces emissions and increases capacity.
At the end of 2021, Shell had around US$3 billion in non-current assets in Russia.
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.
