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Top Hydrocarbon Engineering News

Oil and Gas Sector · Saudi ArabiaSaudi state oil giant Aramco has signed a joint development agreement with U.S. conglomerate Honeywell and King Abdullah University of Science and Technology (KAUST) of Saudi Arabia to co-develop a novel direct Crude-to-Chemicals (CTC) technology. The collaboration will focus on developing and scaling up the full CTC, to significantly reduce both capital and operating costs associated with CTC conversion, the Saudi university said on Thursday, …See the Story
Aramco and Honeywell to Develop Direct Crude-to-Chemicals Tech
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Oxford University · OxfordOxford University spinout OXCCU has raised £20.75 million in an oversubscribed Series B funding round to accelerate the commercialisation of its one-step process to turn waste carbon into sustainable aviation fuel (SAF). New investors include Orlen VC, Safran Corporate Ventures, International Airlines Group (IAG), Hostplus and TCVC, alongside continued support from Clean Energy Ventures, IP Group, Aramco Ventures, Eni Next, Braavos Capital and …See the Story