
US$500 million in value generated by ADNOC through deployment of AI solutions in 2023
ADNOC has announced that it generated US$500 million (AED1.84 billion) in value by deploying artificial intelligence (AI) solutions in 2023.
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ADNOC has announced that it generated US$500 million (AED1.84 billion) in value by deploying artificial intelligence (AI) solutions in 2023.

The EIA reports that since early January 2024, US refinery utilisation has decreased 11%.

Colin Frazier, American Petroleum Institute (API), explains how the API’s Process Safety Site Assessment Program (PSSAP®) can help hydrocarbon processing plants improve the safety of operations.

China is set to register the highest polyethylene terephthalate (PET) capacity additions globally by 2028, contributing about 40% of the total capacity additions from new plant and expansion projects, according to GlobalData.

Willis Sustainable Fuels (UK) Ltd has announced that the Redcar and Cleveland Borough Council has approved the plans for its Carbonshift PtL SAF refinery project at Teesworks in Tees Valley, UK.

Kent, a global integrated energy services company, has been awarded a five-year global commissioning framework agreement by BP.

StormFisher Hydrogen has secured a US$30 million investment from ARC Financial Corp.

The EIA reports that crude oil processing, or refinery runs, in China averaged 14.8 million bpd in 2023, an all-time high.

MAIRE has announced that NEXTCHEM has signed a binding agreement to acquire 100% of GasConTec Gmbh (GCT), a company specialised in technology development and process engineering.

ESG Clean Energy has announced that it has reached a milestone of 99% efficiency in its carbon capture water removal system.

Neste has launched its new emission reduction solution, Neste Impact, for businesses looking to reduce the carbon footprint of their air travel and transport activities.

New Fortress Energy Inc. has announced that its Barcarena LNG terminal located in Pará, Brazil, is now operational with the Energos Celsius FSRU on site.