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Net Zero Energy
Siemens Mobility are continuing to drive the climate-friendly transportation transition in rail.
Shell, today signed an agreement with Actis Solenergi Limited to acquire 100% of Solenergi Power Private Limited for $1.55 billion.
McDermott to provide UK former gas terminal new lease of life.
Digital Energy
Listed below are the key technology trends impacting the predictive maintenance theme, as identified by GlobalData.
SAP software designed for running all mission-critical processes in the cloud with the collaborative capabilities of Google Docs.
Oilfield services giant Schlumberger has expanded its global Innovation Factori network.
Circularity
UK Research and Innovation (UKRI) has announced £30 million funding for 18 projects.
Researchers will study how to develop secondary recyclable markets to ease the costly burdens on municipal recycling programs.
O-I Glass and Coca-Cola are expanding an existing relationship to recycle more than 700,000 glass bottles annually.
Petrochemicals
Turkey and Kazakhstan will reach their targeted $10 billion bilateral trade volume.
Uzbekistan and Saudi Arabia discussed the current state and prospects for expanding investment and trade and economic cooperation.
Petrochemistry as a driver for development of economic partnership between Uzbekistan and Saudi Arabia.
Downstream
Uzbekistan plans to implement investment projects worth about US$52.15 billion in 2022-2024.
Perstorp AB will build a new plant at an existing site in Sweden to bring an additional of carboxylic acids.
Eneos plans to produce biobased lubricants and greases made with its proprietary base oils derived from vegetables by 2023.
Upstream
Romanian leaders say gas extractions from the Black Sea's Neptune Deep field.
Florin Citu, the speaker of the Romanian Senate, assured that the new Offshore Law.
Romania has already identified alternative sources and routes for natural gas.