Economics
India will be world's biggest oil demand growth driver through 2030
India is expected to be the largest driver of global oil demand growth between 2023 and 2030, narrowly taking the lead from top importer China.
Mabanaft successfully conducts scoping meeting for the construction of its planned ammonia import terminal in Hamburg
Hamburg-based energy company Mabanaft successfully completed the scoping meeting in the run-up to the approval procedure for the construction of its planned ammonia import terminal in the Port of Hamburg.
Woodside, Santos scrap talks on $52-B merger
Australia's Woodside Energy and Santos said they had ended talks to create a possible $52-B global oil and gas giant, and Santos flagged it would look for other ways to bolster its value.
Exxon raises Guyana's oil production to about 645,000 bpd
A consortium led by Exxon Mobil Corp which controls all oil production in Guyana is pumping about 645,000 bpd in the South American country, up from about 400,000 bpd in late 2023.
Belgium could pass law targeting export fuel quality in late March
The Belgian government aims to pass a law tightening the quality of exported fuels in the second half of March as it targets a profitable trade of lower-quality gasoline and diesel from Northern Europe to West Africa.
Amelia to power all of their flights from Amsterdam Airport Schiphol with blended Neste MY Sustainable Aviation Fuel
Neste and Amelia, a French regional airline, have closed an agreement for the supply of blended Neste MY Sustainable Aviation Fuel.
Technip Energies Norwegian entity KANFA awarded Carbon Centric’s first carbon capture project in Norway
Technip Energies, through its Norwegian entity KANFA, together with Shell Catalysts & Technologies, has been awarded the EPF contract by Carbon Centric for a carbon capture unit project in Rakkestad, Norway.
ITT to provide highly engineered pump systems and aftermarket services
ITT Inc. announced the company has signed a three-year agreement for the supply of API-610 centrifugal pump systems and related products and engineered services to ExxonMobil, one of the world’s largest international energy and petrochemical companies.
Aether Fuels & GTI Energy partner for sustainable aviation and shipping fuels
Aether Fuels and GTI Energy announced a partnership and global exclusive licensing agreement to commercialize a scalable and economical solution to produce sustainable fuels from low-value and abundant waste streams.
Oman's Duqm refinery units currently working at 100% capacity
Oman's Duqm refinery units are currently working at 100% capacity of 230,000 bpd.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
