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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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Associated sanctions on Russia—with more than 5 million b/d in crude oil processing capacity—disrupted exports of Russia’s refined products into the global market, and will likely continue to do so as import bans in the European Union and United Kingdom come into full force. million b/d in 2022 and by an additional 1.6

Global 448
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Plug Power expands hydrogen supply chain partner network in Spain with CLH

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Through the agreement, CLH will develop hydrogen production assets and downstream markets in Spain, in the industrial, mobility and power production/storage sectors for distribution to Plug Power customers throughout Europe. The CLH Group is a leading international company in the transport and storage fuel products in Europe.

Spain 186
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GECF: more than a quarter of 2050 natural gas supply untapped

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Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. To this end, the GECF Secretary General reiterated the GECF’s readiness to support the Turkmen industry as it undergoes transformation on the back of the future energy trends, digitalization, and climate action. —Secretary General Sentyurin.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

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CCC and Fusion Fuel have agreed to cooperate on projects involving the production of green hydrogen for potential clients in the refining and petrochemical industries in order to reduce their carbon footprint. The companies plan to develop demonstrator plants in several countries in the region, namely Oman, Kuwait, and Qatar.

Fusion 170
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Oxea launches new phthalate-free plasticizer as C8/C10 trimellitate replacement

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Oxsoft L9 is suited for special applications where products must meet the most rigid demands, such as the manufacture of resilient and durable high temperature automotive cables that comply with the most severe requirements in this industry. Oxea is owned by Oman Oil Company S.A.O.C.

Oman 150
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Oil Prices Running Out Of Reasons To Rally

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Oil prices faltered at the start of the second week of the year, as fears set in about a rapid rebound in US shale production. percent in intraday trading on Monday, after a report at the end of last week showed another solid build in the US rig count, the tenth consecutive week that the oil industry added rigs back into the field.