Economics
Malaysia's Gentari, Singapore's GIC to produce, export green ammonia from India
Malaysia's Gentari, a renewable energy unit of Petronas, and Singapore sovereign wealth fund GIC signed an agreement to produce up to 5 Mtpa of green ammonia in India by 2030.
Argentina says fuel shortages should ease soon, imports arriving
The Argentine government and oil companies said fuel shipments are starting to arrive that in coming days should ease a shortage, after a spike in demand caused long lines at gas stations.
Fire at Afipsky oil refinery near Novorossiisk put out
A fire that broke out at the Afipsky oil refinery in Russia's Krasnodar region was promptly extinguished, the region's emergency security authorities said after social media reports of powerful blasts shaking the refinery.
Nigeria's Kaduna refinery to reopen next year, produce 60,000 bpd
Nigeria aims to reopen its Kaduna oil refinery next year, with initial production of 60,000 bpd as part of plans to revive local refineries that have been mothballed for years.
Axens and ZPJE established Nectis: a JV dedicated to the promotion and sale of Spiral Tubes Heat Exchangers
Nectis and Zhenhai Petrochemical Jianan Engineering Co. Ltd join forces in establishing Nectis, a France-based company targeting the promotion and sales of STHE to the process industry outside of China.
Valero to run its 14 refineries at up to 96.5% capacity in Q4
Valero Energy plans to operate its 14 oil refineries in North America and Britain at up to 96.5% of their combined total throughput capacity of 3.2 million bpd in the fourth quarter.
Russia's September fuel oil and VGO exports to India hit record high
Russia has sent record volumes of sea-borne fuel oil and vacuum gasoil to India in September, replacing some crude oil volumes.
Indonesia conducts first commercial flight using palm oil-blended jet fuel
Indonesia flew its first commercial flight using palm oil-blended jet fuel, as the world's biggest producer of the commodity pushes for wider use of biofuels to cut fuel imports.
Russian wholesale gasoline prices stable, diesel up
Russian wholesale gasoline prices were steady, while diesel prices edged up amid government efforts to ensure stability on the domestic fuel market.
Honeywell offers renewable fuels technologies to refiners in Asia Pacific
Honeywell announced the availability of technologies and digital solutions to enable customers in Asia Pacific to produce renewable fuels from multiple sources of renewable feedstocks.
- 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
