Exxonmobil advancing Singapore Resid Upgrade Project towards 2025 startup
ExxonMobil expects to add approximately 20,000 barrels per day of light, heavy and extra-heavy lubricant base stocks when upgrades at its Singapore integrated refining and petrochemical complex are complete in 2025. “ExxonMobil is introducing a unique high-viscosity Group II clear and bright base stock at a large scale,” said Todd Sepulveda, vice president of Basestocks…
Read More Report: $759bn required for petrochemicals to achieve net-zero
759 billion dollars. That’s how much the petrochemicals sector is estimated to need if it’s going to achieve net-zero by 2050, if this recent report by research firm BloombergNEF (BNEF) is anything to go by. Titled “Decarbonizing Petrochemicals: A Net Zero Pathway”, the report states that electrification and carbon capture and storage (CCS) will likely…
Read More ENEOS, PETRONAS, PTTEP to withdraw from Myanmar
ENEOS subsidiary JX Nippon Oil & Gas Exploration Corporation has announced plans to exit Myanmar, withdrawing from the Yetagun gas project due to concerns about “the country’s current situation”. PETRONAS subsidiaries PETRONAS Carigali Myanmar Inc and PC Myanmar have similarly announced their intentions to withdraw from the Yetagun gas project. So has Thailand’s PTTEP, calling…
Read More Shell claims “strong progress” towards net zero
Shell recently published its Energy Transition Progress Report 2021 detailing the company’s progress over the past year; This report will be put to shareholders for an advisory vote at the Annual General Meeting on 24 May 2022. “In a time of great uncertainty, it is vital that our long-term energy transition strategy remains on track,”…
Read More Energy Transition “Now or Never”, warns IPCC
The King of Rock and Roll Elvis Presley may have had romance on his mind when he released his hit single “It’s Now or Never” in 1960, but the Intergovernmental Panel on Climate Change (IPCC) is singing an entirely different tune. “It’s now or never, if we want to limit global warming to 1.5°C,” cautioned…
Read More Advisory Committee Confirms Theme for ADS, ARTC 2022
The theme for this year’s Asian Downstream Summit (ADS) and Asian Refining Technology Conference (ARTC) will be “Reconfiguring the Industry for the Global Energy Transition”. This was announced by the conference and exhibition’s Advisory Committee, after they confirmed their decision on Tuesday, 3 March. Topics along the announced theme include explorations into ways that refiners…
Read More What's New
HIMA opens Singapore Customer Solutions Centre
On 22 June, HIMA celebrated the simultaneous opening of Customer Solutions Centres in Singapore and Germany, with the aim of creating new opportunities to experience, ...
Read More Exxonmobil advancing Singapore Resid Upgrade Project towards 2025 startup
ExxonMobil expects to add approximately 20,000 barrels per day of light, heavy and extra-heavy lubricant base stocks when upgrades at its Singapore integrated refining and ...
Read More SABIC launches BLUEHERO, accelerating electrification efforts
SABIC has recently introduced BLUEHERO, an expanding ecosystem of materials, solutions, expertise and programs aimed to help accelerate the world’s energy transition to electric power ...
Read More TotalEnergies teams up with Adani, looks to green hydrogen
TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire a 25% interest in Adani New Industries Limited (ANIL). ANIL will be ...
Read More Honeywell Enhances Immersive Field Simulator
Honeywell has announced a new version of its Immersive Field Simulator (IFS) offering, a virtual reality (VR) and mixed-reality-based training tool that incorporates a digital ...
Read More Temasek launches GenZero
Temasek has announced the launch of GenZero, a wholly-owned investment platform company dedicated to accelerating decarbonisation globally. The climate crisis is intensifying and the latest ...
Read More Joint Study Agreement formed to evaluate development of clean hydrogen supply chain between UAE and Japan
ADNOC, ENEOS and Mitsui have formed a joint study agreement to evaluate the development of a clean hydrogen supply between Japan and the UAE. The ...
Read More Report: $759bn required for petrochemicals to achieve net-zero
759 billion dollars. That’s how much the petrochemicals sector is estimated to need if it’s going to achieve net-zero by 2050, if this recent report ...
Read More All aboard Japanese joint study of hydrogen-hybrid trains
ENEOS has signed a partnership agreement with the East Japan Railway Company (JR East), agreeing to jointly study the expansion of a CO2-free hydrogen utilisation ...
Read More PETRONAS, PERTAMINA and PTT Intensify Collaboration on Methane Emissions Management
PETRONAS and key energy players at the ASEAN Energy Sector Methane Roundtable 2022 are intensifying collaboration on methane emissions management in the region by leveraging ...
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