Reliance Industries Ltd (RIL) and Saudi Aramco have mutually called off the 15-billion-dollar deal under which Saudi Aramco would acquire a 20% stake in the company’s oil-chemicals (O2C) business. The move has been undertaken in the background of RIL’s evolving nature of the business i.e. the company unveiled plans for its new energy & materials businesses under which the firm intends to develop the Dhirubhai Ambani Green Energy Giga Complex at Jamnagar, Gujarat, India, which is a major part of the its oil-to-chemicals (O2C) assets. Now, RIL and Saudi Aramco will re-evaluate the proposed investment in the O2C business.

Under a MOU signed between Technip Energies and Svante, both the companies will work together to further develop Svante’s solid sorbent carbon capture technology and also explore opportunities for developing industrial scale carbon capture projects in Europe, Middle-East and Africa and Russian Federation markets where the technology would be used.

Exxon Mobil and Pertamina have entered into a MOU under which both the companies will examine the potential for large-scale deployment of low-carbon technologies such as carbon capture, utilization and storage, and low-carbon hydrogen in Indonesia.

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of November 2021’ from all over the world. Right from building one of the world’s lowest carbon-emitting crackers to developing a new novel methane-reducing feed additive manufacturing plant, find out all the projects making headlines here.

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of October 2021’ from all over the world. Right from the Rotating Olefins Cracker technology advancing the energy transition of olefin production to Ineos investing more than 2 billion dollars on green hydrogen projects in Europe, find out all the projects making headlines here.

Cadent’s HyNet North West project which includes a new hydrogen pipeline network has awarded Wood consenting, environmental assessment as well as front-end engineering design (FEED) contracts for the project. The project is expected to produce, store, distribute hydrogen, and capture as well as store carbon from the industry in the North West of England and North Wales.

TechnipFMC has partnered with Petronas to commercialize an innovative natural gas processing membrane technology which is capable of reducing greenhouse has emissions. The technology is claimed to be 30 % more efficient than existing gas treatment processes and can be used in offshore as well as onshore hydrocarbon production environments.

SAS, Vattenfall, Shell and LanzaTech have teamed up to explore the production of synthetic sustainable aviation fuel also known as electrofuel on a large scale in Sweden. The synthetic SAF will be produced from fossil free electricity and recovered carbon dioxide by making use of the LanzaJet ‘Alcohol to Jet’ technology.

Linde has started up its new hydrogen facility in Texas, USA to meet the growing demand of hydrogen in the region. The company has also entered into a long-term agreement with Phillips 66 to supply the hydrogen produced at the new plant to Phillips 66’s Sweeny Refinery in Old Ocean, Texas.

The new project is part of Ineos’ recent 2 billion dollar plus green hydrogen investment announcement in Europe. Under the new project, Ineos’ subsidiary Inovyn will develop a 100 MW electrolyzer at its Koln site in Germany in order to produce green hydrogen which will be used to manufacture green ammonia. The project will also develop E-Fuels through Power-to-Methanol applications at an industrial scale at the site.