Refining, Petrochemicals, Gas Processing, Biofuels
Delta Biofuel Announces $100 Million Final Investment Decision for Renewable Fuel Facility in Jeanerette
Delta Biofuel has announced a $100 million final investment decision for the construction and start up of a full-scale renewable fuel production facility in Iberia Parish that will convert sugarcane waste into feedstock for low-emissions energy generation.
McDermott Awarded PMC Contract From IOCL
McDermott has been awarded a project management consultancy (PMC) contract from India Oil Corporation Limited (IOCL) for the Maleic Anhydride (MAH) unit at the Panipat Refinery and Petrochemical Complex, located 62 miles (100 kilometers) from New Delhi, India.
Nigeria Commissions the 650,000 barrels per day Dangote Refinery in an Effort to Cease Fuel Imports to the Country
Nigerian President Muhammadu Buhari performed a commissioning ceremony on Monday to formally announce that the 650,000 barrel per day Dangote refinery had officially begun, with crude refining anticipated for a June startup. The country hopes that this will bring about fuel independence, but securing crude supplies for the project could prove to be difficult.
Petrofac led JV selected for US$1.5 billion EPC project in Algeria
Petrofac, leading a joint venture with petrochemical industry specialist, China Huanqiu Contracting & Engineering Corporation (HQC), has received notification of a conditional award by STEP Polymers SPA (100% Sonatrach subsidiary) to execute a significant petrochemical project in Algeria. The total contract value is approximately US$1.5 billion, with Petrofac’s share valued at over US$1 billion.
Sichuan Jinshang Environmental Protection Technology Co. To Produce Sustainable Aviation Fuel Utilizing Honeywell Ecofining Technology
Honeywell today announced that Sichuan Jinshang Environmental Protection Technology Co. (JSRE) will use Honeywell EcofiningTM technology to produce nearly 300,000 tons per year (approximately 6,000 barrels per day) of sustainable aviation fuel (SAF) at its newly planned facility in Suining, Sichuan Province, China. This project will promote the accelerated adoption of SAF, and, once completed, the facility is expected to be one of the largest SAF plants in China.
Summit Agricultural Group Announces the Creation of Summit Next Gen to Develop the World's Largest Ethanol to Jet Sustainable Aviation Fuel Facility
Today, Summit Agricultural Group announces the creation of Summit Next Gen, a sustainable aviation fuel production platform that will revolutionize the global aviation industry by providing a scalable supply of low-carbon jet fuel. Summit Next Gen will utilize Honeywell's (NASDAQ: HON) Ethanol to Jet processing technology to convert ethanol into sustainable aviation fuel (SAF). Through the project, Summit Next Gen creates an additional market for low-carbon ethanol producers and advances the sustainability goals of the difficult to decarbonize aviation industry.
KBR’s ROSE® Low Carbon Technology Selected for Mumbai Refinery
KBR announced today it has been awarded a contract by Hindustan Petroleum Corporation Limited (HPCL) to implement its market-leading supercritical solvent deasphalting (SDA) technology, ROSE®, at HPCL’s Mumbai Refinery. Under the terms of the contract, KBR will provide technology licensing, basic engineering, training, start-up support and proprietary equipment to HPCL. The new 850,000 tonnes per annum unit will be integrated with HPCL’s existing facility.
Dangote Refinery in Nigeria Expected to be Commissioned in Two Weeks
According to statements from a spokesman for Nigerian President Muhammadu Buhari, the multi-billion dollar Dangote refinery is to be commissioned on May 22.
Petrofac secures new EPC contract as it continues to support Lithuanian refinery upgrade
Petrofac has secured an Engineering, Procurement and Construction (EPC) lump sum contract from ORLEN Lietuva, as it continues to support a comprehensive modernisation, environmental upgrade, and expansion Programme at the Mažeikiai Refinery in North-West Lithuania.
Par Pacific Announces Significant Investment in Hawaii Renewable Fuels Production
Par Pacific Holdings today announced it plans to invest approximately $90 million to develop the state’s largest liquid renewable fuels manufacturing facility at its Kapolei refinery. The project relies on the Kapolei refinery’s highly experienced operating team, existing tank storage and related logistics, as well as available hydrogen from current refining operations, a key requirement for low-carbon renewable fuels production. As a result, this project is expected to be completed for less than $1.50 per gallon of annual operating capacity and is expected to be commissioned in 2025. The unit can produce up to 60% sustainable aviation fuel in a first step toward decarbonizing Hawaii’s significant air travel market.
Technip Energies Awarded a Contract for Juhua’s Greenfield Chemical Complex in China
Technip Energies has been awarded a contract by Ningbo Juhua Chemical & Science Co., Ltd. (Juhua) for a 1,3-propanediol (PDO) plant with a capacity of 72 kta(1) and a 150 kta polytrimethylene terephthalate (PTT) plant in Ningbo, Zhejiang, China
CropEnergies to build renewable ethyl acetate plant near Zeitz
CropEnergies AG, Mannheim, Germany, will build a plant for the production of renewable ethyl acetate from sustainable ethanol. Foreseen location is the Zeitz Chemical and Industrial Park, Elsteraue, Germany. The supervisory board of CropEnergies has given the green light to the investment into what will be the first production plant in the new biobased chemicals business. The total investment for the new production facility will be between EUR 120 and EUR 130 million, which will be paid from the existing cash position. CropEnergies is currently engaged in the detailed and construction engineering. Ground breaking is to take place early in 2024 and the commissioning is scheduled latest for summer 2025.
Aether Fuels Options 200-Acre Site in Mississippi for Advancing Future Sustainable Fuels
Aether Fuels (Aether), an advanced climate technology company focused on developing sustainable fuels for the aviation and shipping industries, today announced a real-estate agreement with the Smith County Economic Development District in Mississippi. The transaction gives Aether the option to purchase a 200-acre (+/-) site near Taylorsville, Mississippi as a potential location for a liquid fuel production facility.
O’Leary Ventures Chairman Wants to Build a $14 Billion Dollar Refinery in the United States
Kevin O’Leary, a Canadian businessman and also a judge on the “Shark Tank” television series, recently stated his intentions to build a $14 billion dollar refinery in the United States. There has not been a significantly sized greenfield refinery built in the United States for over 40 years.
Shell Ceases Development on Two Projects in Singapore
According to a Shell spokesperson, Shell has chosen to not proceed with plans around two projects in early development in Singapore. These projects were to be centered around biofuel and base oil production.
Aramco JV HAPCO to Commence Construction of Major Refinery and Petrochemical Complex in China
Aramco and joint venture partners NORINCO Group and Panjin Xincheng Industrial Group plan to start construction of a major integrated refinery and petrochemical complex in northeast China.
Chevron Lummus Global Announces ISOFINISHING Award from BPCL
Chevron Lummus Global LLC (CLG) announced that Bharat Petroleum Corp. Ltd. (BPCL) has selected its ISOFINISHING technology for a catalytic processing unit at the Mumbai Refinery in Mumbai, India.
McDermott Awarded EPsCm Contract from Slovnaft
McDermott has been awarded an engineering, procurement services and construction management (EPsCm) contract from Slovnaft, a.s., for the steam cracker intensification off-gas processing project at its plant in Bratislava, Slovakia.
Technip Energies has been Awarded a Contract by CNOOC and Shell Petrochemicals Company Ltd. (CSPC) for the Huizhou Phase III ethylene cracker located in Huizhou, Guangdong Province, China.
Technip Energies is providing the proprietary technology and process design for CSPC’s 1,600 KTA(1) ethylene plant. This liquid ethylene cracker pioneers the use of a low CO2 furnace design and electrification of major compressors. The plant is anticipated to have 20% lower CO2 emissions than a similar conventional facility and will be able to maximize benefit from the rapidly decarbonizing power grid for future CO2 emission reduction.
ExxonMobil Boosts Fuel Supply with $2 Billion Beaumont Refinery Expansion
ExxonMobil today announced the successful startup of its Beaumont refinery expansion project, which adds 250,000 barrels per day of capacity to one of the largest refining and petrochemical complexes along the U.S. Gulf Coast. Supported by the company’s growing crude production in the Permian Basin, the largest refinery expansion in more than a decade will help meet growing demand for affordable, reliable energy.
Emerson Selected to Automate Golden Triangle Polymers Facility
Global technology and software leader Emerson (NYSE: EMR) will provide automation technologies, software and analytics from its Plantweb™ digital ecosystem for the Golden Triangle Polymers Project, a world-scale integrated polymers facility on the Texas Gulf Coast. The total installed cost of the project is expected to be $8.5 billion and is a joint venture between Chevron Phillips Chemical Company LP and an indirect subsidiary of QatarEnergy. Operations are expected to begin in 2026.
Butadiene LLP Selects Multiple Lummus Technologies for High Value Petrochemicals Plant in Kazakhstan
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced Butadiene LLP has selected its iC4 CATOFIN®, CATADIENE®, CDMtbe® technologies and BASF’s butadiene extraction technology for units at Butadiene LLP’s new petrochemical plant in Atyrau, Kazakhstan.
S-OIL Flying High with SHAHEEN Project for Expansion into Petrochemicals
S-OIL held a groundbreaking ceremony at the largest-ever domestic petrochemical project ‘SHAHEEN’ at the Ulsan Refinery. The Company is investing 9.258 trillion Won in the construction of the complex scheduled to be completed in 2026.
QatarEnergy and CP Chem Begin Construction of their $8.5 Billion Petrochemical Facility in Texas
In March 2023, QatarEnergy and Chevron Phillips Chemical Company (CP Chem) held the official groundbreaking ceremony of the upcoming Golden Triangle Polymers Plant in Orange County, Texas. This significant project has a cost figure of $8.5 billion dollars and is expected onstream in 2026.
Petrojet Has Signed an EPC Contract with Luberef for Production Facility in Yanbu in KSA
Petrojet - the executive arm for the Egyptian Petroleum Ministry- has signed an EPC contract with LUBREF ( Saudi Aramco Base Oil Company ) for carrying out the second phase of development named Growth - 2 Expansion Project, the agreement seeks to raise the Yanbu Facility’s base oil production capacity to approximately 1.3 million metric tons per year in 2025. Additionally, the contract will further enable Luberef to flexibly produce Group-II and Group-III base oils based on market demands.
Shell Catalyst & Technologies Signs on to Provide Technology to Upcoming CSPC Phase 3 Project in China
CNOOC and Shell Petrochemicals Company Limited (CSPC), incorporated by China National Offshore Oil Corporation (CNOOC) and Shell, is one of the largest petrochemicals joint ventures in China. Following the success and outstanding performance of their existing Phase I and II projects, CSPC Phase III will include a new 1.6-MMtpy cracker, creating one of the world’s largest and most flexible integrated complexes. Shell Catalyst & Technologies’ (SC&T) unique technologies and catalysts have been chosen again to enable this major growth project, due to their competitive advantages and reliable performance.
INEOS SECURES €3.5 BILLION FINANCING FOR PROJECT ONE – THE GREENEST CRACKER IN EUROPE
Project ONE is the largest investment in the European chemical sector for a generation. The new cracker located in Antwerp will have the lowest carbon footprint of all European crackers, five times better than the worst in Europe and two times better than the best.
ADNOC Announces Gas IPO
ADNOC, the Abu Dhabi state-owned energy company has announced its intention to float a stake in ADNOC Gas plc (“ADNOC Gas” or the “Company”), a world-class, large-scale integrated gas processing company, on the Abu Dhabi Securities Exchange (“ADX”) through an Initial Public Offering (“IPO”). ADNOC intends to offer approximately 4% of the total issued share capital of the Company.
Dow Awards Fluor Front-End Engineering and Design for its Proposed Net-Zero Ethylene and Derivatives Complex in Canada
Fluor (NYSE: FLR) announced today that it was awarded a reimbursable contract by Dow to provide front-end engineering and design (FEED) and engineering, procurement and construction management (EPCM) services for the world’s first net-zero carbon emissions (scope 1 and 2 carbon dioxide emissions) ethylene cracker and derivatives complex in Fort Saskatchewan, Alberta, Canada. Fluor will book the initial FEED award in the first quarter and anticipates the additional EPCM scope will be awarded throughout 2023 pending a final investment decision by Dow’s Board of Directors.
INEOS Secures €3.5 Billion Financing for Project One
INEOS Olefins Belgium has today announced it has raised €3.5 billion to support the construction and operation of the most environmentally sustainable cracker in Europe.
