petrochemical industry
Coverage of petrochemical industry in the Nexus archive.
- Applied Computing wants to give oil and gas operators an AI model for the entire plant
Applied Computing has raised $20M in Series A funding to develop a foundation AI model for the oil, gas, and petrochemical industry. The model aims to provide operators with AI tools for entire plant operations.
- Pennsylvania’s Fossil Fuel Tax Revenue Lags Far Behind Other Energy States, Report Says
A new analysis claims low taxes on Pennsylvania’s natural gas, coal, and petrochemical industries have failed to boost the state’s economy. The industries argue they provided jobs and cheap energy, but the report states they are declining and cannot address growing budget deficits.
- Increasingly fierce storms are coming for the upper Texas coast. Is the petrochemical industry ready?
Galveston County, home to 22 refineries and chemical plants, faces increasingly fierce storms. Emergency preparedness among these facilities varies widely.
- US Sanctions China Refinery, Iran Shadow Fleet Ahead of Talks
The US has imposed sanctions on a Chinese refinery and an Iranian shadow fleet ahead of diplomatic talks. The article also highlights the Hengli Group's petrochemical industrial park in Dalian, Liaoning Province, which is part of China's efforts to optimize its petrochemical industry for high-quality development.