Economics
Capsol Technologies to list on the Norwegian stock exchange
Capsol Technologies ASA, a leading provider of carbon capture solutions, has announced its plans to list the company on the main board of Norway’s stock exchange, Euronext’s Oslo Børs.
India's Reliance signs 1-yr deal to buy Russian oil in roubles
India's Reliance Industries, operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbl of oil a month in roubles.
Hungary government to discuss fuel prices again despite recent falls
Hungarian Prime Minister Viktor Orban's cabinet will discuss fuel prices again despite a recent fall in prices driven by government pressure on traders to align prices with levels elsewhere in the region.
Colonial pipeline (U.S.) halts some fuel deliveries for maintenance
The Colonial Pipeline, the largest refined fuel pipeline in the U.S., conducted system maintenance on Thursday that required a temporary halt of some deliveries.
India's use of crude tankers to export diesel slows in May
Indian refiners' use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month.
Russia lifts petrol export ban to get rid of surplus fuel
Russia has saturated the domestic market with fuel, which is why it decided to lift a ban on gasoline exports to get rid of surplus.
Vietnam's Binh Son refinery plans new share issue to fund $1.5-B expansion
Vietnam's Binh Son Refining and Petrochemical said it plans to issue new shares as part of its efforts to fund a $1.5-B project to expand and upgrade its Dung Quat refinery.
Shell shareholders reject investor climate resolution
Shell shareholders overwhelmingly rejected a climate resolution filed by an activist group following a meeting punctuated by protests.
ADNOC to acquire 10% equity stake in major LNG development in Mozambique
ADNOC announced the acquisition of Galp’s 10% interest in the Area 4 concession of the Rovuma basin in Mozambique, entitling ADNOC to a share of the LNG production from the concession, which has a combined production capacity exceeding 25 MMtpy.
EIA: U.S. crude stocks and distillate inventories rise, gasoline stocks fall
U.S. crude stocks and distillate inventories rose while gasoline inventories fell in the week ending May 17.
- JERA signs time charter agreements with NYK and MOL for fuel ammonia carriers 6/23
- Coperion receives LNO from U.S. FDA for HDPE/PP recycling technology 6/23
- Sky Quarry announces Foreland refinery's entrance into the production phase 6/23
- AGPC awards Baker Hughes long-term service contract for Nigerian gas plant 6/23
- Velan announces closing of sale of controlling shareholder’s interest to Birch Hill for nearly C$204 MM 6/23
- S&B receives AFPM Contractor Safety Achievement Award 6/23
