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Economics

Lummus launches upgraded Helixchanger technology

Lummus Technology announced the launch of its latest heat exchanger technology, the Helixchanger 2.0 system.

U.S. SAF production target faces cost, margin challenges

The United States' goal of rapidly ramping up production of SAF may encounter strong headwinds as producers balk at the low margins for the biofuel and some airlines flag concerns over the costly switch.

Belgium drafting new fuel quality law targeting exports to Africa

Belgium is set to shut the door on rising exports of low-quality gasoline and diesel to West Africa as it follows the Netherlands in tightening environmental rules.

API Releases Standard for the Inspection and Assessment of Refractory Linings

The American Petroleum Institute is pleased to announce the publication of Recommended Practice (RP) 982, Inspection and Assessment of Refractory Linings.

Grace expands operating UNIPOL PP technology capacity in China with Oriental Energy Co. Ltd.

W. R. Grace & Co announced that Oriental Energy Co. Ltd. has started up a new plant with Grace’s UNIPOL PP Process Technology.

John Deere invests in ClearFlame engine technologies for ethanol-powered clean engine development

John Deere announces it has made an equity investment in ClearFlame Engine Technologies, a growing start-up dedicated to the development of clean engine technology using ethanol fuel.

SATORP completes MENA region’s first conversion of used cooking oil into ISCC+ certified SAF

SATORP, platform jointly owned by Aramco and TotalEnergies, has for the first time in the region successfully converted used cooking oil through coprocessing into ISCC+ certified SAF.

U.S. airlines back ethanol industry position on aviation fuel credit

Major U.S. airlines and aviation companies joined ethanol companies to send a letter to the Biden administration backing a regulatory change that would make it easier for SAF made from corn-based ethanol to qualify for federal subsidies.

Ukraine says oil refinery hit, power lines damaged in Russian drone attack

A Russian drone attack set ablaze the Kremenchuk oil refinery in central Ukraine and knocked out power supply in three villages, while falling debris from downed drones damaged railway power lines in a nearby region.

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.