Economics
Infinium and Mo Industrial Park announce collaboration to develop commercial eFuels project in Northern Norway
eFuels provider Infinium and Mo Industrial Park have signed a Memorandum of Understanding to develop Norway’s first advanced eFuels production facility in Mo i Rana, Norway.
Kuwait's KPC offers high sulfur fuel oil for Feb-Apr
Kuwait Petroleum Corp has issued a semi-term tender offering high sulfur fuel oil for loading between February and April.
Singapore's middle distillates stocks at 5-mth low on higher jet fuel/kerosene exports
Singapore's middle distillates stockpiles hit a five-month low as higher jet fuel/kerosene exports outweighed declines in gasoil/diesel exports.
Alberta examines options for its investment in the Sturgeon Refinery
Alberta Premier Danielle Smith is exploring options to address the province's recent losses stemming from the Sturgeon Refinery.
Borouge signs $44-MM supply agreement with NAFFCO
Borouge Plc announced the signing of a $44-MM agreement with NAFFCO to supply NAFFCO’s local and regional infrastructure projects with Borouge’s innovative and sustainable polyethylene materials.
Lummus strengthens position in circular economy
Lummus Technology announced a major investment in Resynergi, a pioneering leader in plastic recycling technology, to scale production of Resynergi's modular Continuous Microwave Assisted Pyrolysis technology.
Celanese begins carbon capture and utilization operations at Clear Lake, Texas (U.S.) facility
Celanese Corporation announced it has begun running a carbon capture and utilization project at its Clear Lake, Texas (U.S.), site as part of its Fairway Methanol joint venture with Mitsui & Co., Ltd.
Nextchem to create an "e-Factory for carbon-neutral Chemistry" with Newcleo
MAIRE announces that NEXTCHEM, through its subsidiary NextChem Tech, thanks to its expertise in chemistry and electrochemistry, has launched a new model for “e-Factory for carbon-neutral Chemistry”.
Nigeria's NNPC allocates four February crude oil cargoes to Dangote refinery
Nigeria's state oil company NNPC is expected to supply four crude cargoes from its February program to the $20-B Dangote refinery, which is poised to begin operations after years of construction delays.
thyssenkrupp Uhde signs Master Agreement with Ma’aden and Metso on phosphogypsum recycling and CO2 capture project
thyssenkrupp Uhde has signed a master agreement with Ma’aden for the development, engineering and licensing of a calcination plant for phosphogypsum processing.
- 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
