Press Releases

Equinor has awarded a two-year firm contract to Northern Ocean Wind AS to employ the mobile rig Deepsea Bollsta on the Norwegian continental shelf.  The contract value for the firm period is calculated at around USD 335 million, with planned start-up in the later part of 2025. The contract also includes five one-year options. “We have an ambition to maintain our production from the Norwegian continental shelf at a high level towards 2035, supplying the energy th

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Eni has been awarded “Gold Standard reporting” of the Oil and Gas Methane Partnership 2.0 (OGMP 2.0) for its commitment to reporting emissions at the highest data quality levels. OGMP 2.0 is an initiative of the United Nations Environment Programme’s International Methane Emissions Observatory, aimed at setting the global standard for methane accountability and transparency in the oil and gas sector as a necessary step to effectively track and target mitigation with measurem

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As part of its ambition to aim for near-zero methane emissions by 2030, TotalEnergies announces that the Company is going a step further in the monitoring and reduction of its methane emissions with the deployment of continuous, real-time detection equipment at all of its operated Upstream sites. Setting a new standard in monitoring of methane emissions Since 2022, TotalEnergies has been pursuing its ambition to aim for near-zero methane operated emissions

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In a significant move to bolster global climate and environmental governance, China Petroleum & Chemical Corporation presents its high-quality green development approach, urging enhanced collaboration among companies from Belt and Road Initiative partner countries, to jointly promote the sustainable, low-carbon, and high-quality growth of the energy and chemical sectors. Ma Yongsheng, chairman of Sinopec, announces to collaborate with Saudi Basic Industries Corporation (SABIC),

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Federal Environment Agency (UBA) published the report “Assessment of the Potentials and Evaluation of the Technologies for Thermo-Chemical Recycling of Plastics”. In the report, the UBA confirmed the superiority of all the processes examined compared to incineration. This appraisal is likely to have a significant impact on future investment decisions. “Chemical recycling of plastics in hi-tech, energy-integrated and optimized plants can certainly make a positive contribution

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Celanese Corporation, a global chemical and specialty materials company, earned three category-winning awards at the 53rd annual Society of Plastics Engineers (SPE) Automotive Innovation Awards Competition and Gala last night in Livonia, Michigan. Hytrel® TPC-ET, Zytel® PA66, and Celanex® PBT proved worthy of this year’s awards theme, “Power of Plastics,” and were featured in the following category-winning advanced mobility applications: Chass

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Eastman Chemical Company today announced it is making an investment to upgrade and expand its extrusion capability for production of Interlayers product lines at its manufacturing facility in Ghent, Belgium. The investment will strengthen Eastman’s supply capability to respond to growing regional and global demand for Saflex™ polyvinyl butyral (PVB) products in the Automotive Premiums market while also positioning the site for future growth in both automotive and architecture segm

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Evonik is unveiling its latest innovations in PA12 polymer applications for 3D printing at Formnext 2024, the highlight exposition and convention for the world’s additive manufacturing community. Most notably on display will be the company’s PA12 based INFINAM® 6013 P and INFINAM® 6014 P 3D-printable powders, which through a feat of engineering, possess a relatively substantial amount of carbon black in the core of each particle. Produced through the pr

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ULVAC, Inc. has announced a new oil rotary vacuum pump Gv135 optimized for the analytical equipment industry. This product addresses the industry's need for quiet operation in analytical environments and is designed to improve operational productivity through advanced noise reduction and robust oil leakage and backflow prevention measures. Quiet Operation in Sensitive Environments Vacuum pumps are increasingly used in quiet environments such as re

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The Chemours Company a global leader in delivering innovative performance chemistry, today announced the winners of its fourth annual Carrier of the Year Award, which recognizes excellence in the transportation of Ti-Pure™ titanium dioxide (TiO2) to Chemours customers. Hirschbach Transportation Services received the Platinum Award and Marten Transport received the Gold Award. This is the third year in a row that these carriers have received the top two awards of the program.

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The Philadelphia Eagles and Braskem, the largest polyolefins producer in the Americas, as well as a global market leader and pioneer producer of biopolymers on an industrial scale, have enhanced their partnership with the launch of their new STEM education program, Tackling STEM, for the 2024-2025 academic school year. Tackling STEM is an education program that delivers free digital and hands-on interactive STEM (science, technology, engineering, and math) education opportunities to stud

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The Oil & Gas Decarbonization Charter (OGDC) published on November 11, its Baseline Report, setting a foundation to help prioritize and track progress on emissions reductions made by the 54 oil and gas companies - representing almost 45% of the global oil production, that have signed up to the Charter’s ambitions. These ambitions include to work toward net-zero operations by 2050, near-zero upstream methane emissions and zero routine flaring by 2030 in addition to measurin

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