Naphtha is expected to remain in short supply in Asia over the next couple of years as more crackers come online and as demand for blending the fuel with gasoline rises.
Since a U.N. initiative began monitoring for methane leaks from oil and gas infrastructure last year, it has issued 1,200 alerts to governments and companies. But only 12 of those alerts for major ...
At least three Russian refineries have had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs. The closures highlight the struggles of ...
Spain's second-largest oil company, Moeve, formerly known as Cepsa, posted a third-quarter loss after a sharp decline in refining margins hit its energy business.
Blue Biofuels, a pioneer in the renewable energy sector, has officially contracted with the engineering firm, Global Management Partners (GMP), to produce front-end loading (FEL-2) level engineering ...
With U.S. President-elect Donald Trump two months away from taking office and able to act on his campaign promises, energy executives are lining up to offer new proposals to the mix.
CTCI Corporation awarded an engineering, procurement and construction contract from Ras Laffan Petrochemicals for the $417-MM, 30,000-t Qatar RLP Ethylene Storage EPC project.
U.S. refiner margins for gasoline and diesel will be relatively unchanged next year, the U.S. Energy Information Administration said, signaling relief for fuel producers who saw profits slump sharply ...
MMtpy ethylene complex in northern China, part of China's recent additions of large-scale petrochemical plants, is designed to provide 4 MMtpy of high-end chemical products and fine chemical ...
India, the world's No.3 oil importer and consumer, is expected to rely on fossil fuels until at least 2040 and is positioning itself as a refining hub, Oil Minister Hardeep Singh Puri said.
Baker Hughes and SOCAR signed a contract for an integrated gas recovery and hydrogen sulfide (H2S) removal system that will significantly reduce downstream flaring at SOCAR’s Heydar Aliyev Oil ...
Lower prices helped to drive higher-than-expected Organization for Economic Co-operation and Development (OECD) gasoil use in the third quarter, driving up overall oil demand, but weak manufacturing ...