Under a MOU signed between the Cabinda Gulf Oil Company, a subsidiary of Chevron, and the Government of Angola, both the parties will aim to explore potential lower carbon business opportunities in the African region.

The ‘E-cracking’ or ‘electric’ cracking technology has the potential to reduce CO2 emissions by at least 90 % as compared to other traditional crackers. By utilizing electricity from renewable sources, the technology has the capacity to decarbonize one of the most energy-intensive processes in the chemical industry. PROCESS Worldwide tracks down the progress made in this space.

Dr. Markus Kamieth has been appointed as the new chairman of BASF’s Board of Directors. He will succeed Dr. Martin Brudermüller, who has held the post since 2018.

Dupont has introduced its first ion exchange resin – the Dupont Amberlite P2X110 for green hydrogen production. With this, the firm aims to support the trend of decarbonization.

Topsoe’s new ereact technology is claimed to be a groundbreaking technology for the production of low carbon hydrogen. Under the terms of the agreement, Aramco and Topsoe will develop a demonstration plant at the Shaybah Natural Gas Liquids recovery unit in Saudi Arabia.

Sumitomo Chemical has completed the development of a pilot facility in Niihama City, Japan which will be used to establish a highly efficient process for producing methanol from CO2.

In a significant step towards achieving Carbon Neutrality by 2050, PTT Global Chemical Public and Mitsubishi Heavy Industries Asia Pacific have entered into a four-year Memorandum of Understanding to explore cutting-edge technologies for a large-scale petrochemical complex in Thailand.

Adnoc has recently acquired OCI Global’s 50 % stake in Fertiglobe. Adnoc and OCI also revealed their future plans of exploring opportunities for global strategic collaboration.

Under a collaborative engineering collaboration, Origin by Ocean and Afry have plans to establish an industrial-scale biorefinery for processing bio-based seaweed products in Finland.

Galp has awarded engineering, procurement services and construction management contracts to Technip Energies for an advanced biofuels unit and a green hydrogen unit for its Sines refinery in Portugal.