BHGE will work with Italian natural gas infrastructure company Snam to work out whether it will be feasible to build four small-scale liquefaction plants.
They would be the first micro-LNG plants in Italy.
They could produce 140,000 tonnes of liquefied natural gas (LNG) or bio-LNG in total, further enhancing the Italian production of renewable natural gas with zero carbon dioxide emissions for the transport sector.
Between 50 million and 80m euros would need to be invested...
Honeywell today announced that OMV Petrom S.A. will use Honeywell Connected Plant to provide prescriptive monitoring of its CCR Platforming™ unit at its Petrobrazi refinery in Ploiesti, Romania. The CCR Platforming process upgrades low-value naphtha into high-octane gasoline and aromatics.
OMV will use the Honeywell Connected Plant’s Process Insight Reliability Advisor to continuously feed plant data through Honeywell UOP process and fault models, and to provide key performance information and process recommendations. Honeywell’s Reliability Advisor will help the plant run more smoothly and mitigate issues that impact production and plant profitability by detecting and analyzing problems before they occur...
ExxonMobil plans to more than double earnings potential by 2025 while addressing the risks of climate change through continued research into breakthrough lower-carbon technologies, Chairman and Chief Executive Officer Darren Woods told shareholders during the company's annual meeting today.
Meeting the world's growing energy needs will require trillions of dollars in new investment across industry, even under a scenario to limit the global increase in temperature to 2 degrees Celsius, Woods said. The company will continue to focus on investments that take advantage of its technology leadership, integrated businesses and highly skilled employees...
Baku (Platts)--31 May 2018 1209 pm EDT/1609 GMT
Oil production from Kazakhstan's giant Kashagan field could reach as much as 500,000 b/d just with the use of existing onshore processing facilities and some additional drilling, from current output of 335,000 b/d, while a second development phase is also being considered, Luca Vignati, Central Asia executive vice president for Italy's Eni, said Thursday...