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Flint Hills Resources to build solar farm to help power its Corpus Christi refinery operations
Flint Hills Resources will be building its second company-owned solar installation to help power its U.S. refinery operations. The new solar installation will provide electricity to the company’s Corpus Christi West refinery, which produces jet fuel, ultra-low sulfur diesel and gasoline, in addition to the chemical-building blocks used in thousands of everyday products. The project
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US chemical manufacturer Huntsman has inaugurated a new innovation centre in Tienen, Belgium.
US chemical manufacturer Huntsman has inaugurated a new innovation centre in Tienen, Belgium. The new facility is aimed at helping Huntsman to reinforce its research and development (R&D) capabilities in the region, supporting “the application of Huntsman technologies in key markets, including adhesives, coatings and sealants; automotive; elastomers; energy; furniture and bedding and insulation.” It will provide
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Field Automation Technology: Revolutionizing operations & logistics for the energy industry
While many industry technologies evolve at a lightning pace, streamlining and perfecting commodity transport is often overlooked. One industry leader is bringing technologies to market that will change this forever. Why prioritize and modernize Commodity Transportation? The energy industry is undergoing rapid multi-dimensional change. Industry standards for operations and logistics no longer suffice. Commodity transport
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Aker Solutions to support the industrial transformation of Mongstad
Aker Solutions has been awarded a contract by Equinor to carry out a feasibility study for its Mongstad Industrial Transformation project in Vestland county on the west coast of Norway. The study aims to identify solutions to significantly reduce CO2 emissions from the existing refinery and transform the site into a new low-carbon industry cluster
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New generative artificial intelligence functionality for Siemens’ predictive maintenance solution
Siemens is releasing a new generative artificial intelligence (AI) functionality into its predictive maintenance solution – Senseye Predictive Maintenance. This advance makes predictive maintenance more conversational and intuitive. Through this new release of Senseye Predictive Maintenance with generative AI functionality, Siemens will make human-machine interactions and predictive maintenance faster and more efficient by enhancing proven
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Sunoco to Acquire NuStar Energy in Transaction Valued at $7.3 Billion
Sunoco and NuStar Energy announced today that the parties have entered into a definitive agreement whereby Sunoco will acquire NuStar in an all-equity transaction valued at approximately $7.3 billion, including assumed debt. Under the terms of the agreement, NuStar common unitholders will receive 0.400 Sunoco common units for each NuStar common unit, implying a 24% premium based on the 30-day VWAP’s of
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New Petrobras CEO Says to Drive Energy Shift While Expanding Oil and Gas
A major oil and gas provider in South America is establishing itself as a leader in the future of energy in Brazil. According to Reuters, the new chief executive of Petrobras informed employees that the oil company would drive Brazil’s evolution to renewable energy while keeping its oil and gas expansion on track. In a
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Four EU Nations Call for Zero Emissions Target for Trucks And Buses
A European nation is leading the way toward zero emissions for one transportation sector. According to Bloomberg (via Rigzone), the Netherlands is leading calls for the European Union to target zero emissions from heavy-duty vehicles to bring the polluting sector in line with its climate neutrality goals. The European Commission should set a goal of
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Indonesia Approves Over $3 Billion in Revised Development Plan for Eni’s Merakes Fields
A Southeast Asian country is making a major expansion in its gas fields. According to Reuters, Indonesia’s upstream oil and gas regulator said the country had approved a revised development plan for its Merakes and Merakes East gas fields with a total investment of $3.35 billion. The project, operated by the local unit of Italian
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Norway’s $30 Billion of Projects to Sustain Gas Flow to 2026
Norway will be able to sustain gas production at last year’s elevated level until at least 2026 thanks to 300 billion Norwegian kroner ($30 billion) of investment in new offshore fields. “Only rarely have we seen so much oil and gas produced on the Norwegian shelf as was the case last year – and only
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SLB Opens Innovation Center in Abu Dhabi
An oilfield services company is making a major push toward innovation in the Middle East. According to the publication Oil and Gas Middle East, SLB, formerly Schlumberger, has expanded its “Innovation Factori” network by inaugurating a new center in Abu Dhabi. According to the company, the center will accelerate the development and deployment of enterprise-scale
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Robotics to Play Larger Role in Oil and Gas Industry, Says Data and Analytics Company
There’s a new influential force coming to the oil and gas industry. According to data and analytics company GlobalData (via RigZone), robots will be the oil and gas industry’s growth engine moving forward. “The volume of robotics use cases in the oil and gas industry is expected to grow rapidly, in tow with digitalization,” Anson
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