Economics
Uganda plans to hand over exclusive petroleum supply deal to Vitol
Uganda plans to hand over exclusive rights for supply of all petroleum products to a unit of global energy trader Vitol and end a system that sources the oil products through neighboring Kenya.
Lummus announces commercial availability of SAP technology
Lummus Technology announced the commercial availability of its Saplene super absorbent polymer technology.
C2X takes important step towards large scale green methanol production in Spain
C2X has taken an important step towards the development of their second production site.
Farnborough Airport sells its millionth liter of SAF
Farnborough Airport has announced the sale of its millionth liter of SAF, further highlighting its aim to be a sustainability showcase for airports around the world.
Argentina drivers hunt for fuel 'like water in the desert' amid shortage
Argentine drivers ran the gauntlet to find scarce supplies of petrol to fill their tanks amid the most acute fuel shortage in years, which has left many filling stations out of supply and long lines at any pumps still operating.
Kuwait's October fuel oil exports drop by a third from record in September
Kuwait's October fuel oil exports tumbled more than 30% after hitting a record high in September as some supply was diverted to domestic power generation.
China's CNOOC, two chemical firms looking at Shell Singapore assets
CNOOC, Eversun Holdings and Wanhua Chemical are among those that have started early evaluations of Shell assets that include a 237,000 bpd refinery and a one MMtpy ethylene cracker.
Sumitomo Chemical to develop green process for ethanol-based propylene
Sumitomo Chemical has begun construction of a pilot facility to establish a process for producing propylene directly from ethanol, which is attracting attention as a sustainable chemical raw material.
Boskalis orders a dual-fuel dredger from Royal IHC
Boskalis has signed a contract with Dutch shipbuilding company Royal IHC to build a large state-of-the-art trailing suction hopper dredger capable of running on diesel and green methanol.
Norwegian introduces SAF for 100 flights on Denmark's Aalborg-Copenhagen route
Norwegian is to purchase SAF to power the equivalent of 100 flights between Aalborg and Copenhagen.
- 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
