Economics
OPEC head accuses IEA of vilifying fossil fuel industry
OPEC Secretary General Haitham Al Ghais accused the International Energy Agency of vilifying the oil and gas industry, in the latest clash between the groups over climate policy.
DORIS, Axens, AWT International, SeaQuester and Surbana Jurong announce the CCS Hub Alliance decarbonization solution for hard-to-abate CO2 emitters
DORIS, Axens, AWT International, Sea-Quester Offshore and Surbana Jurong Infrastructure announce the formation of the CCS Hub Alliance, a partnership dedicated to delivering cost-effective and risk-reduced decarbonization solutions to hard-to-abate CO2 emitters.
ABB upgrades Repsol butane plants without any downtime in operations
Repsol Butano entered into an agreement with ABB to upgrade its Distributed Control Systems at 12 of the energy company’s butane factories across Spain.
The Royal Australian Air Force’s aerobatic display team Roulettes flies on SAF for the first time supported by Neste, Viva Energy and Vitol
During the Williamtown Air Show in Australia, the Roulettes, the Royal Australian Air Force's aerobatic display team, performed a first public display using Neste MY Sustainable Aviation Fuel.
BASF shares rise on report ADNOC exploring Wintershall Dea deal
Shares in chemicals giant BASF rose after a report that ADNOC is exploring an acquisition of the German group's energy business Wintershall Dea.
UN-led talks weigh goal to reduce aviation emissions
A UN-led conference in Dubai is weighing goals to reduce carbon emissions from international aviation through less polluting fuel, as a rebound in traffic thrusts airlines back into the conversation over carbon emissions.
China oil demand growth poised to slow to around 4% in H1 2024
China's oil demand growth likely to ease in H1 2024 to around 4% with resurgent consumption from the aviation and petrochemical sectors offset by weaker diesel usage.
Singapore's middle distillates dip slightly amid surging exports
Singapore's middle distillates inventories fell marginally week-on-week as net exports of both gasoil and jet fuel/kerosene grew.
Scotland's Grangemouth refinery faces closure
PetroIneos is preparing to shut down its Grangemouth oil refinery in Scotland to convert it into a fuels import terminal as it faces growing international competition.
Russia to lift remaining restrictions on diesel fuel exports soon
Russia will soon lift remaining restrictions on diesel fuel exports, Deputy Prime Minister Alexander Novak said on Wednesday speaking in the upper house of the parliament.
- Virent and Johnson Matthey's SAF breakthrough powers Virgin Atlantic's historic 100% sustainable transatlantic flight 11/29
- EY partners with Aspen Technology to enhance clients’ sustainability, streamline manufacturing, and modernize utility grids 11/29
- MAN Energy Solutions to build reactor for renewable fuels 11/29
- Port Hedland, WA, boosts LNG production and bunkering, aiming for IMO 2050 'zero-emissions' with onboard hydrogen 11/29
- Neste and ENOC Group enter into collaboration to drive SAF initiatives in Dubai and the MENA Region 11/29
- Dow's board of directors approves final investment decision for Path2Zero Project 11/28
