Economics
Gazprom says Astrakhan plant resumes diesel output
Russia's Gazprom said that its Astrakhan gas processing plant had resumed diesel output after maintenance works, Interfax reported.
Russia's Sakhalin Energy resumes operations in full after maintenance
Russia's Sakhalin Energy, which produces liquefied natural gas and oil, has fully resumed production following maintenance.
Russia to deliver second oil cargo to Brazil in September
Russia loaded the second oil cargo for delivery to Brazil in September.
Gasoline, diesel vehicles dominate India's auto market, EVs lag
India's road transport minister warned local and foreign automakers to either cut production of polluting diesel vehicles or face higher taxes and levies, setting alarm bells ringing in the world's third-largest car market.
Korean Air introduces Cargo SAF Program
Korean Air will launch a program to use SAF for air cargo operations in cooperation with air cargo customers and forwarders.
Europe set for light autumn refinery maintenance as fuel markets tighten
European oil refiners are set to have an autumn maintenance season less busy than usual as they try to capture higher profit margins amid low fuel inventories and robust demand for gasoline and diesel.
Marathon Galveston Bay, Texas, (U.S.) FCC expected to be shut until late this week
The fire-damaged, gasoline-producing fluidic catalytic cracker at Marathon Petroleum's 593,000 bpd Galveston Bay Refinery in Texas City, Texas, is expected to be shut until late this week.
India makes clean energy push at G20 with global biofuel alliance
India announced the launch of a global biofuel alliance at a G20 summit in New Delhi to boost the use of cleaner fuels.
Russia ships first oil cargo to Brazil as it seeks to diversify buyers
Russia is shipping its first crude oil cargo to Brazil, as it seeks to diversify its list of buyers, which has been drastically limited by U.S. and EU sanctions.
U.S. says it disrupts illicit oil shipment by Iran's IRGC, seizes contraband crude
The U.S. said it has halted a multi-million dollar shipment of crude oil by the Islamic Revolutionary Guard Corps being shipped in violation of sanctions against Iran, and seized more than 980,000 barrels of contraband crude oil.
- 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 announces $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
