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Third phase of Australian CCS project given go-ahead

CO2CRC, an Australian carbon capture and storage (CCS) research organisation, has announced a A$45m (US$30.8m) final investment decision for the third phase in its CCS project in south-western Victoria.

Type: News

Neste and LyondellBasell claim bioplastic first

NESTE and LyondellBasell are claiming an industry-first with the parallel, commercial-scale production of bio-based polypropylene and bio-based polyethylene.

Type: News

Reliance agrees to sell 20% refining stake to Saudi Aramco

RELIANCE Industries has agreed to sell a 20% stake – worth US$15bn – in its refining and petrochemicals business to Saudi Aramco.

Type: News

IChemE SIG calls on members for supply support in response to coronavirus

ICHEME’s Pharma Special Interest Group (SIG) has called for members to come forward and help supply ventilators and ventilator components following a request from the UK Government.

Type: News

Shell and PetroChina give green light to Australian coal-seam gas project

SHELL and PetroChina have approved the first stage of their A$10bn (US$6.3bn) Surat Basin coal-seam gas project in Queensland despite the current downturn in the energy sector.

Type: News

Covestro funds professorship to advance electrochemistry research

RWTH Aachen University, Germany is expanding research into electrochemistry – an area that could contribute to sustainability – by establishing a new, five-year professorship. Chemicals company Covestro is supporting the professorship through a “major” donation.

Type: News

Environmentalists slam Australian mining advocate’s climate action plan

ENVIRONMENTALISTS have criticised the Climate Action Plan released by Minerals Council Australia (MCA), highlighting that the mining advocacy group does not set clear targets, including a date for achieving net-zero.

Type: News

Norway’s full-scale CCS project backed by European regulator

THE European Free Trade Association (EFTA) Surveillance Authority has approved the Norwegian full-scale carbon capture and storage (CCS) project, which would allow the Norwegian Government to provide €2.1bn (US$2.4bn) in state aid to the project.

Type: News

Ineos launches new healthcare business

INEOS has launched Ineos Hygienics as part of its pandemic response to produce hand gel and sanitiser sprays at scale.

Type: News

Carbon Engineering signs agreement for commercial-scale direct air capture facility

Oxy Low Carbon Ventures and private equity firm Rusheen Capital Management have formed a development company to finance and deploy Carbon Engineering’s direct air capture (DAC) technology at a commercial scale.

Type: News

New partnership to develop CO2 storage infrastructure in North Sea

BP, Eni, Equinor, National Grid, Shell and Total have formed the Northern Endurance Partnership (NEP) to develop CO2 transport and storage infrastructure in the UK North Sea.

Type: News

BP to halt production at Kwinana Refinery

BP will stop fuel production at its Kwinana Refinery in Western Australia and convert it to an import terminal, as the refinery had become uneconomical.

Type: News

Denmark to end oil and gas production

THE Danish Government has agreed to end all oil and gas exploration and extraction in the North Sea by 2050.

Type: News

AstraZeneca buys Alexion for US$39bn

ASTRAZENECA has agreed to buy US biotech firm Alexion for US$39bn in a move that will expand its foothold in immunology treatments.

Type: News

Petronas and CNOOC sign MoU for extended partnership

Petronas and Chinese National Offshore Oil Corporation (CNOOC) have signed a memorandum of understanding (MoU) for a strategic partnership that will see them expand on existing collaboration.

Type: News

Plastic Energy joins forces with ExxonMobil on plastic waste

PLASTIC ENERGY has agreed another partnership with an industry heavyweight – this time ExxonMobil – to build a plant that will turn waste plastic into chemicals feedstock.

Type: News

Pilot plant will convert soybean waste into bioplastic

A FINNISH consortium is building a pilot plant to convert waste from soybean processing into compostable bioplastic.

Type: News

ADNOC awards ‘blue’ ammonia contract to Wood

ABU Dhabi National Oil Company (ADNOC) has awarded a contract for Wood to design a 'blue' ammonia production facility as part of plans to diversify downstream.

Type: News

Clean Cells to build new production facility

BIOPHARMACEUTICAL company Clean Cells has invested €13m (US$15.3m) in a new production facility in France that would quadruple its analysis and production capacity.

Type: News

Industry majors discuss using Houston as major CCS hub

ELEVEN chemicals, energy, and power companies – including Chevron, Dow, ExxonMobil, and Ineos – are considering large-scale deployment of carbon capture and storage (CCS) that could capture nearly 75m t/y of CO2 in the US, by 2040.

Type: News