Industry News
Dow and Innventure to Collaborate on Waste-to-Value Platform
MIDLAND, Mich. & ORLANDO, Fla. – December 18, 2024 – Dow (NYSE: DOW) and Innventureopens in a new tab (NASDAQ: INV), a technology commercialization platform, today announced plans to collaborate to develop and commercialize new waste-to-value technologies. The...
DOE’s Office of Clean Demonstrations Announces $1.8 Billion in New Funding for DAC Technologies
The U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) today opened applications for up to $1.8 billion in funding for the design, construction, and operation of mid- and large-scale commercial direct air capture (DAC) facilities and...
Phillips 66 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital
HOUSTON--(BUSINESS WIRE)-- Phillips 66 (NYSE: PSX) today announced a 2025 capital budget of $2.1 billion, including $998 million for sustaining capital and $1.1 billion for growth capital. “We continue to demonstrate capital discipline, aligning our investments with...
Venture Global’s Plaquemines LNG Achieves Historic First LNG Production
Arlington, Virginia —Today, Venture Global announced it has reached first LNG production at the company’s second facility, Plaquemines LNG, in Port Sulphur, Louisiana. Achieving this milestone for a 20 MTPA nameplate capacity project 30 months from its Final...
Heirloom to build two Direct Air Capture (DAC) facilities in Northwest Louisiana
News Brought to You by: The combined facilities will be capable of removing nearly 320,000 tonnes of carbon dioxide per year and will create at least 1,000 jobs in Northwest Louisiana. Direct Air Capture (DAC) provider Heirloom today announced an unprecedented...
LTO Project: Chevron upgrades Pasadena Refinery to increase capacity, feedstock and product flexibility – Lighter Crude
News Brought to you by: PASADENA, Texas (Dec. 10, 2024) – Chevron U.S.A., Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), has completed a retrofit of its refinery in Pasadena, Texas, which is expected to increase product flexibility and...
BREAKING: $500mm Project -PCC Group Plans to Build Chlor-Alkali Facility at Chemours Titanium Dioxide Plant in DeLisle, MS Along the U.S. Gulf Coast
Breaking News Brought to you By: WILMINGTON, Del., December 10, 2024 — The Chemours Company (Chemours) (NYSE: CC), announced that the PCC Group (PCC) plans to build and operate a chlor-alkali facility on the grounds of Chemours’ titanium dioxide (TiO₂) plant in...
McDermott Secures FEED Contract for Ascension Clean Energy Project – Louisiana
This Article Brought to you by: In a powerful partnership shaping the future of clean energy, Clean Hydrogen Works (CHW) has entrusted McDermott with the front-end engineering and design (FEED) contract for the transformative Ascension Clean Energy (ACE) project....
TODAY : 6 Events In Downstream
This Day Reminder is sponsored by: 19th Annual API Cybersecurity Conference for the Oil and Natural Gas Industry November 13 – November 14 – The Woodlands, Tx ISA Southeast Texas Section Automation Expo & Cajun Cook Off Nov 13 2024- Port Arthur, Texas ASME Digital...
Climeworks partners with CapturePoint Solutions for Project Cypress Southwest carbon dioxide storage
Key take-aways: CapturePoint will safely and permanently store CO₂ removed from the atmosphere in its Central Louisiana Regional Carbon Storage Hub (CPS CENLA Hub) The partnership reflects another step forward in Climeworks’ plans to build a megaton Direct Air Capture...