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Net Zero Energy
USA Administration released the National Clean Hydrogen Strategy and Roadmap.
Topsoe announced that its 2040 net-zero target has been approved by the Science Based Targets initiative.
LanzaTech will partner with ADNOC to explore innovative biotechnology solutions for reducing carbon footprint.
Digital Energy
Schneider Electric, will unveil an array of new technologies and software solutions at Hannover Messe 2023.
Shell Ventures and Idékapital have invested $90 million in Kongsberg Digital.
Exxon Mobil and Nucor Corporation signed contract for carbon capture, to reduce abate industry.
Circularity
Technip Energies technology could enable LyondellBasell to use renewable electricity as a heat source for the olefins cracking process in the future.
Indorama Ventures has signed a nonbinding memorandum of understanding with Carbios, to form a joint venture to construct a polyethylene plant in France.
Greenback Recycling Technologies started up an advanced recycling plant in Mexico, working in cooperation with Nestlé.
Downstream
Kazakhstan plans to increase the production capacity of Shymkent Oil Refinery from 6 million tons to 12 million tons per year, President of Kazakhstan Kassymjomart Tokayev said at the Central Asia-China Summit in Xi'an.
Kazakhstan plans to increase the production capacity of Shymkent Oil Refinery from 6 million tons to 12 million tons per year, President of Kazakhstan Kassymjomart Tokayev said at the Central Asia-China Summit in Xi'an.
International oil companies have yet to fully embrace an alternative route across the Caspian, according to Nurzhan Marayabev, whose company aims to turn the nascent port of Kuryk on the east Caspian coast into a hub for oil exports to Azerbaijan and into the Baku-Tbilisi-Ceyhan (BTC) pipeline to the Mediterranean.
Petrochemicals
In Uzbekistan, was signed Memorandum of Understanding between SOCAR and Japan Bank for International Cooperation.
Uzbekistan’s Gas Chemical has signed an industrial gas processing agreement with Air Products to build a methanol production facility.
In Uzbekistan, was signed Memorandum of Understanding between SOCAR and Japan Bank for International Cooperation.
Upstream
Serinus Energy PLC spudded the Canar-1 exploration well on the northern flank of Carei basin.
The European Commission has approved, a €149 million Romanian scheme.
Bulgargaz's proposal to increase the price of blue fuel by 54 percent in August.