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EurekAlert | March 03, 2020
VTT and its business partners have launched a two-year project to develop a concept for a process to capture and utilise carbon dioxide. The aim is to utilise the carbon dioxide produced during bioenergy production as a raw material for speciality chemicals. As certain end products have a long lifecycle, the concept may even lead to negative emissions, that is, products that act as carbon sinks. Carbon dioxide can be captured both from the thin air and from processes at power plants and producti...
Prnewswire | August 26, 2020
The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), rose by 2.5 percent in August on a three-month moving average (3MMA) basis following a 3.0 percent gain in July. On a year-over-year (Y/Y) basis, the barometer was down 6.1 percent in August. The unadjusted data show a 1.8 percent gain in August following a 1.5 percent gain in July and a 4.1 percent gain in June. The diffusion index rose from 41 percent to 59 percent this month &n...
Chemical Technology
USA Compression Partners, | August 02, 2022
USA Compression Partners, LP and Callon Petroleum Company announced the start-up of multiple Dual Drive compressors at Callon’s locations in the Eagle Ford Shale. The Dual Drive compression service offering, which is currently only offered by USA Compression, offers customers the ability to contract for natural gas compression services powered by either natural gas or electricity, providing operators the ability to significantly decrease greenhouse gas emissions from their operations. Read More
Chemical Technology, Chemical Management
Matador Resources | January 25, 2023
On January 24, 2023, Matador Resources Company announced that a fully-owned subsidiary of Matador had signed a definitive agreement for the acquisition of Advance Energy Partners Holdings, LLC, which includes oil and natural gas producing properties and undeveloped land in New Mexico, Lea County, and Ward County, Texas. The consideration for the Advance Transaction will include an initial cash payment of $1.6 billion, depending on customary closing adjustments, as well as additi...
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