Economics
Russia struggles to sell Pacific oil, 14 tankers stuck
More than a dozen tankers loaded with 10-MM barrels of Russia's Sokol grade crude oil have been stranded off the coast of South Korea for weeks, so far unsold due to U.S. sanctions and payment issues.
Geely's e-fuels solution to a carbon neutral future
Geely's investment in green methanol technology has resulted in the development of the methanol-powered Geely Emgrand M100 Hybrid, contributing to a significant reduction in oil dependence for Guiyang's taxi fleet.
Industry leaders, investors excited over grand opening of LanzaJet Freedom Pines Fuels
LanzaJet joined government officials, industry leaders, and investors to celebrate the grand opening of LanzaJet Freedom Pines Fuels in Soperton, Georgia.
LanzaJet celebrates grand opening of Freedom Pines Fuels Plant, the world’s first ethanol to SAF production facility
LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, joined government officials, industry leaders, partners, and supporters to open LanzaJet Freedom Pines Fuels, the world’s first ethanol to SAF production facility.
Shell to shut down German oil refinery
Shell will shut down its oil refinery in Wesseling, Germany by 2025 and convert the site to produce lubricant feedstock as part of its drive to reduce its carbon emissions.
Russia may cut naphtha exports by third after fires
Russia will likely cut exports of naphtha by some 127,500 - 136,000 bpd, or around a third of its total exports, after fires disrupted operations at refineries on the Baltic and Black Seas.
Guinea plans to replace blast-hit oil terminal in 2024
Guinea is studying proposals to build a new oil terminal in the capital Conakry within the next six to 12 months following an explosion in December that severely damaged its main storage facility.
Brazil domestic ethanol sales soar amid high inventories
Sales of ethanol in the Brazilian market increased sharply in January according to industry data released with mills very active in the selling side as they are apparently running out of storage space due to a bumper crop.
New IMI electrolyzer boosts University of Sheffield’s development of SAF
The University of Sheffield has successfully bolstered its efforts to decarbonize the aviation industry by increasing its green hydrogen production capacity, following the successful commissioning of a new polymer electrolyte membrane electrolyzer.
Mabanaft and TUI Cruises sign MoU for the supply of methanol
Hamburg-based energy company Mabanaft has signed a Memorandum of Understanding with TUI Cruises, one of the leading cruise operators, to supply green methanol in the future.
- Nextchem completes acquisition of Ballestra, expanding its technology portfolio in phosphates and fertilizers 6/25
- ABB's SensyMaster flowmeter receives SIL 2 certification for use in safety-critical process applications 6/25
- INEOS Oligomers announced two new product launches across its specialty chemicals portfolio. 6/25
- Phillips 66 CEO warns of refining, petrochemical earnings volatility from Hormuz disruptions 6/25
- Hynfra secures critical land rights for 120,000-tpy green ammonia plant in Jordan 6/25
- Maire signs MoU to explore SAF production in Kazakhstan 6/24
