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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. In the United States, refining capacity has decreased by about 1.1 The most global refining capacity under development is in China.

Global 448
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Protean Electric enters new partnership with Dongfeng Motor to advance market adoption of in-wheel motor technology

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The DFM Technical Center and WFDT partnership that will combine DFM’s expertise in distributed drive technology and Weifu’s industrialized manufacturing capability to advance production applications of Dongfeng’s Any-Drive technology, powered by ProteanDrive. —Andrew Whitehead, CEO of Protean Electric.

Motor 259
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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). Global LNG export capacity has increased by 29%, or 14.0

Global 259
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Fortescue Future Industries signs agreement with JCB and Ryze Hydrogen to become UK’s largest supplier of green hydrogen; Xergy acquisition

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Fortescue Future Industries (FFI) will become the largest supplier of green hydrogen (GH 2 ) to the United Kingdom after signing a multi-billion-pound deal with construction giant J C Bamford Excavators (JCB) and Ryze Hydrogen (Ryze). Xergy) to form FFI Ionix Inc. —FFI Chief Executive Officer, Julie Shuttleworth.

Hydrogen 186
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EU GRAMOFON project ends after 42 months with promising results on CO2 capture

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The project results therefore contribute to Sustainable Development Goal 13 on Climate Action of the UN Global Compact through decarbonization with the major advantage of doing so at a lower cost than the technologies currently in use. The project had a budget of €4.2

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Linde and Praxair to merge; global industrial gas major valued at > $70B

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The proposed merger brings together two leading companies in the global industrial gas industry, leveraging the proven strengths of each. The new holding company will be incorporated in Ireland while its principal governance activities, including board meetings, will primarily be based in the United Kingdom.

Global 150
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Alexander Dennis adds in-house integrated electric buses; new small bus and double-decker

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one of the world’s leading independent global bus manufacturers, is expanding its zero-emission bus portfolio with the addition of new electric bus products fully designed and integrated in-house using its own expertise. Buses for the United Kingdom and Ireland will be fully built in Britain.

Ireland 368