Aramco on 13 June announced it had signed a deal with Californian start-up Siluria Technologies to incorporate the latter’s proprietary technology in its plans to directly covert crude oil to chemicals (MEES, 16 March).
Siluria’s technology “based on oxidative coupling of methane chemistry… can upgrade methane-containing by-product streams from fuel to chemical value, improving carbon efficiency and production rates,” the company says. (CONTINUED - 173 WORDS)