newsroom

Industry News

Near-record high fertilizer prices projected for 2022
 

(BrownField AG News) - Fertilizer prices are expected to approach record high levels in 2022, bringing cost to the farmer up with them.

 
Read More
Supply chain industry groups support Congress's progress on infrastructure bills
 

(Jioforme) - Today, industry groups in the manufacturing, transportation, and retail sectors supported the news that the bipartisan infrastructure bill was drawing attention in Congress and further debating in the House and Senate.

Read More
Fitch Ratings: EU's 'Fit for 55' climate plan to fuel long-term costs of fertilizer producers
 

(World Fertilizer) - The EU’s new ‘Fit for 55’ climate plan will increase carbon costs and CAPEX for European metals and fertilizer producers and for those exporting to the EU, according to Fitch Ratings.

Read More
Trigg Mining releases maiden indicated resource for Lake Throssel
 

(World Fertilizer) - Trigg Mining has released the estimation of a maiden indicated mineral resource for its Lake Throssell sulfate of potash (SOP) project near Laverton in Western Australia.

Read More
How the earth's rotation helped the earliest forms of life to diversify
 

(Action News Now) - Earth hasn't always experienced the 24-hour day we're so familiar with now. In fact, the way the world turns not only determines the length of our day, but it could have contributed to an influx of oxygen on early Earth that helped life to flourish, according to new research.

Read More
River Rhine water levels recede as some parts to reopen to barge traffic

(ICIS) - Water levels on the River Rhine continue a slow return to normality and more than 25km of a prior closure could reopen to barge shipping later in the day, the German federal waterways authority WSV said to ICIS on Wednesday.

Read More
Shipping leaders set to reunite in person at IMO for LISW21 Headline Conference

(Hellenic Shipping News) - Shipping industry movers and shakers are set to reunite in person to explore the fundamental role that the ESG agenda has in shaping the future of the global shipping industry as London International Shipping Week 2021 (LISW21) confirms its Headline Conference will go ahead in the prestigious headquarters of the International Maritime Organization on Wednesday September 15.

Read More
Updating nitrogen and sulphur fertiliser recommendations for spring barley

(AHDB.org) - This project aimed to improve nitrogen (N) and sulphur (S) fertiliser management guidelines for modern spring barley varieties. The work was conducted to help farmers achieve grain N% targets and high (economically optimal) yields more reliably.

Read More
OCP Group becomes member of European Sustainable Phosphorus Platform

(World Fertilizer) - OCP Group has become a member of the European Sustainable Phosphorus Platform (ESPP) for the promotion of sustainable phosphorus management. OCP will exchange knowledge and best practices with the ESPP's 40+ members and wide network of scientists and companies, who span the entire value chain of phosphate and phosphorus.

Read More
Limetree closing permanently due to 'Financial Constraints'

(The St. Thomas Source) - Limetree Bay Refinery’s parent company Limetree Bay Energy announced Monday it is “suspending its plans to restart the refinery indefinitely, due to severe financial constraints.” It initially shut down temporarily pursuant to a U.S. Environmental Protection Agency order in the wake of several polluting incidents, including a large accidental flare that sprayed oil over some 137 homes in May.

Read More
Reducing the melting of the Greenland ice cap using solar geoengineering?

(Eurek Alert) - Injecting sulphur into the stratosphere to reduce solar radiation and stop the Greenland ice cap from melting. An interesting scenario, but not without risks. Climatologists from the University of Liège have looked into the matter and have tested one of the scenarios put forward using the MAR climate model developed at the University of Liège. The results are mixed and have been published in the journal The Cryosphere.

Read More
ADNOC awards $510 mil contract to Saipem to expand Shah sour gas plant capacity

(SP Global) -Abu Dhabi National Oil Co. has awarded a $510 million contract to Italy's Saipem to expand the capacity of Shah sour gas plant as the UAE's biggest energy producer seeks gas self-sufficiency. ADNOC Sour Gas, a joint venture between the oil company and US energy major Occidental, awarded the engineering, procurement and construction contract for the expansion of the Shah gas field, which will be completed in 2023, ADNOC said in a statement June 15.

Read More
Oman's Yibal Khuff mega project nearing completion

(Trade Arabia) - A key milestone has been reached in the delivery of the Yibal Khuff project, among the big-ticket integrated Oil & Gas developments of Petroleum Development Oman (PDO), the project’s principal contractor announced.

Read More
Investors from Turkey ready to implement project in Kazakhstan's chemical industry

(Inform.kz) - NUR-SULTAN. KAZINFORM - Prospects for the implementation of the project in the chemical industry were discussed during the visit of Turkish investors to Kazakhstan, organized by «NC «KAZAKH INVEST» JSC. During the working trip, the founder of the Turkish company «BRIMSTONE Sulphur Provider Company» Efe Munip Nurdogdu held a meeting with the Chairman of the Board of «NC «KAZAKH INVEST» JSC Meirzhan Yusupov, Kazinform has learnt from KAZAKH INVEST’s press service.

Read More
Concerns Mount Over CN, KCS Rail Merger as Timetable Set for Regulatory Review

(TTNews) - The Surface Transportation Board is taking public comments until June 28 on the proposed multibillion dollar merger of Class I freight rail companies Canadian National and Kansas City Southern. The STB also said the railroads will have until July 6 to respond to those public comments. As part of the review process, Canadian National and Kansas City Southern are asking the STB to approve what’s called a plain vanilla trust.

Read More
$15bn Needed to Upgrade Oil Refineries in Africa

(This Day Live) - Oil refineries in Africa will require approximately $15.7 billion to upgrade the existing 36 facilities to produce petroleum products that will conform with the planned level of sulphur content, the African Refiners and Distributors Association (ARDA) has said.                         

Read More
Vale to Suspend Operations at Sudbury After Failed Labour Talks

(Mining) - Vale said in a securities filing on Tuesday it will suspend operations at its Sudbury, Canada nickel mine, after its proposal for a five-year contract was rejected by the United Steelworkers union. United Steelworkers Local 6500, which represents 2,600 workers at the mine, said in a statement that 70% of those who voted were opposed to the Vale offer and wanted the union — whose bargaining committee had recommended the preliminary deal — to return to the bargaining table.

Read More
Maersk Calls for Carbon Tax on Ship Fuel

(Bloomberg/gCaptian) - The world’s largest container shipping line has called for a $150-a-ton carbon tax on shipping fuel that would drive up the costs for an industry that delivers 80% of world trade. A.P. Moller-Maersk A/S says such a levy would help bridge the price gap between fossil fuels that vessels consume today and greener alternatives that are currently much more expensive. Fuel costs would effectively almost double if the measure were imposed today because of how carbon dioxide emissions are counted.

Read More
Andritz to supply world's first sulfuric acid plant for Klabin's mill in Brazil

(Lesprom) - Andritz has received an order to supply a sulfuric acid plant for Klabin’s Ortigueira mill in Brazil. The plant will be the first of its kind worldwide and is designed to produce 150 tons of commercial-grade (>98%) sulfuric acid per day from concentrated odorous gases and elemental sulfur. It will serve Klabin’s Puma I and Puma II pulp lines at Ortigueira once completed and make Klabin’s Ortigueira site completely self-sufficient in sulfuric acid.

Read More
Sandwich strategy makes solid-state lithium battery last longer

(Physics World) - Researchers in the US have created a new solid-state lithium-metal battery that can charge and discharge over a record-breaking number of cycles at a high current density. The proof-of-concept device, which is fundamentally different to existing liquid electrolyte lithium-ion batteries, could extend the lifespan of electric vehicle batteries to 10-15 years, similar to that of petrol and diesel cars.

Read More

Member News

BP wins over Greenpeace in North Sea oil court case

(Reuters) - A Scottish court handed BP (BP.L) a win over Greenpeace on Thursday after the environmental group tried to void the energy company's licence to exploit a North Sea oilfield, saying the climate impact of the end-use of oil should not affect permits.

Read More
Lithium producer Albemarle to buy China's Tianyuan for $200 mln

(Reuters) - Albemarle Corp said on Thursday it would buy China-based Guangxi Tianyuan New Energy Materials Co Ltd, a lithium converter, for about $200 million as the company looks to increase its lithium conversion capacity.

Read More
BP says Gulf of Mexico platforms resumed operations after storm Ida

(Reuters) - BP on Wednesday said all four of its offshore facilities in the Gulf of Mexico have resumed operations, having been brought back online and producing as of Sept. 12 post Hurricane Ida.

Read More
Shell to launch Singapore's first fully-electric ferry service

(Reuters) - Royal Dutch Shell (RDSa.L) has ordered at least three electric ferries in Singapore to replace the diesel boats it uses to transport employees and visitors between mainland Singapore and its oil refining and chemicals plant on Bukom island, it said.

Read More
ExxonMobil renewable diesel process technology to enable high yields from bio-feedstocks

(Hydrocarbon Processing) - ExxonMobil Catalysts and Licensing LLC (“ExxonMobil”) has introduced ExxonMobil Renewable Diesel process technology (“EMRD”) to help meet the evolving needs for mobility, while utilizing renewable feedstock.

Read More
Chevron, Gevo join hands to invest in sustainable aviation fuel

(Reuters) - U.S oil major Chevron Corp and renewable energy firm Gevo Inc will jointly invest in building and operating one or more facilities that would process corn to produce sustainable aviation fuel, the companies said on Thursday.

Read More
BP, Macquarie study green hydrogen hub concept in Western Australia

(Reuters) - BP Plc (BP.L) said on Tuesday it was conducting a joint feasibility study with Australian lender Macquarie Group (MQG.AX) to produce green hydrogen at the oil giant's former refinery site near Perth in Western Australia.

Read More
CSX Acquisition of Pan Am: Improved New England Rail Service Makes It Commendable

(Railway Age) - CSX has recently proposed to acquire Pan Am Railways. Although, as I explain below, I am usually critical of mergers, I believe this merger will substantially enhance the rail network in New England by bringing the region more directly into the national railroad network.

Read More
Activist Hedge Fund Grabs Two Seats On Exxon Mobil's Board Of Directors

(Texas Standard) - It’s another example of Big Oil being pushed toward renewable energy. But achieving net-zero carbon emission goals will still be a big challenge. Texas-based oil giant Exxon Mobil Corp. saw a major shakeup in the boardroom last week, with a new activist investor group called Engine No. 1 grabbing two spots on the company’s board of directors. The hedge fund has been targeting Exxon since December with its “Reenergize Exxon” campaign, pushing the company to rethink its business strategy in a time when green energy and climate activism is becoming increasingly mainstream.

Read More
Shell to Let Shareholders Vote on Shift to Cleaner Energy

(WSJ) - LONDON-- Royal Dutch Shell PLC detailed a first-of-a-kind shareholder vote over its pivot away from oil, asking investors to endorse its energy transition strategy in a nonbinding vote next month.

Read More