In a study published by McKinsey&Company, the economics researchers identify three themes that are redefining the role of HR in oil and gas, with implications for HR strategy and operating model.

Neste has collaborated with Ravago in order to develop chemical recycling of plastic waste on an industrial scale. With this move, the companies aim to accelerate circularity of materials and improve resource-efficiency in the petrochemical industry.

BASF expands its battery materials business: Together with Toda Kogyo of Japan, the world's biggest chemicals company has launches a joint venture firm for cathode active materials (CAM) for lithium-ion batteries in Japan.

BASF has recently announced that Livio Tedeschi will succeed Vincent Gros to become the President of BASF's Agricultural Solutions Division in Germany w.e.f April 1, 2022.

Vynova has recently installed a hydrogen-fired steam boiler at its Tessenderlo site in Belgium and is also planning to add another boiler by the year end. With these, the firm intends to reduce CO2 emissions by 10,000 tons per year at its site.

Asco Numatics introduces two intrinsically safe solenoid valves with Ex ia IIC T6 certification. The solenoid operators are designed for use on the 327 range of direct operated solenoid valves and are available in epoxy coated aluminium or stainless steel.

Intergraph has released Cloudworx for Smartplant Isometrics 2012 R1, a valuable add-on to its Smartplant Isometrics solution that allows users to quickly create accurate, as-built piping isometrics directly from a laser scan point cloud.

The newly discovered oil field is expected to increase Iran's proven reserves of roughly 150 billion by about a third. This will also lead to an increase in the country’s oil revenues by 32 billion dollars.

KBR’s proprietary technology will be used to assist Hindustan Petroleum Corporation (HPCL)'s modernisation project at the Visakh refinery in India. Under the terms of the agreement, KBR will provide technology licensing, basic engineering design and proprietary equipment to CLG for the Rose SDA portion of the LC-MAX unit.

Aiche Ammonia Safety Committee, one of the most prominent associations of chemical engineers, has appointed Casale’s Chief Executive Officer, Federico Zardi, as its member.