Economics
Ultra low-sulfur diesel loadings from Russia's Primorsk to fall in October
Ultra low-sulfur diesel loadings from the Russian Baltic Sea port of Primorsk are set to fall in October by 80% month on month on a daily basis to 210,000 metric tons from 1.08 Mmt scheduled for September.
INEOS announces the acquisition of the Eastman Texas City (U.S.) site for $500 MM
INEOS has announced it has reached an agreement with Eastman Chemical Company to purchase the Eastman Texas City site, including the 600kt Acetic Acid plant and all associated third party activities on the site, for circa $500 MM.
Mexico's Pemex struggles to boost oil refining in Aug as fuel imports rise
Crude oil processing at Mexico's six local refineries rose slightly in August, data from state-owned oil company Pemex showed, but the facilities are operating at barely half their capacity, forcing the country to import large volumes of fuel.
EU court imposes €32 MM euro fine on Britain for pleasure boat fuel
The European Union's Court of Justice imposed on Thursday a $33.6 MM fine on Britain, arguing the UK had failed to prohibit using marked fuel in private pleasure boats within a time limit set by the European Commission.
Singapore's middle distillates stocks hit over 6-month high on jet fuel imports
Middle distillates inventories at key storage hub Singapore hit a more than six-month high as the city-state turned net importer of jet fuel/kerosene despite an increase in gasoil outflows to the West, official data showed.
Kremlin: no plans to raise crude oil supply to offset fuel export ban
Russia has not discussed with the OPEC+ group of leading oil producers a possible crude oil supply increase to compensate for Russia's fuel exports ban.
Shell and MAN Energy Solutions enhance ties with RWGS Technology pilot plant
Shell Global Solutions International B.V. and MAN Energy Solutions SE partnered in 2021 to develop Reverse Water Gas Shift technology.
BASF ECMS teams up with ZeroAvia to advance HT-PEM Fuel Cells for hydrogen aviation
BASF Environmental Catalyst and Metal Solutions and ZeroAvia have signed an agreement for the supply of membrane electrode assemblies and to collaborate on research on next generation MEAs for ZeroAvia’s world-leading high temperature proton exchange membrane fuel cell stacks for aviation.
Japan's Mitsubishi considers opening fuel ammonia import hub
Japanese trading house Mitsubishi is considering the conversion of the Namikata terminal near Hiroshima into a fuel ammonia import hub.
Discovering Honeywell's pathways to sustainability: Highlights from Global Sustainability Week
To highlight their pathways to sustainability, Honeywell’s Global Sustainability Week took place from September 11–15 in Chicago, Illinois and Charlotte, North Carolina. The event took attendees to Chicago to tour their Riverside and Des Plaines labs, focusing on carbon capture, renewable fuels, hydrogen (H2) and plastics circularity.
- ABB enhances AI capabilities of flagship industrial device digital solutions 4/17
- XCF, DevvStream, Southern Energy Renewables partner to bring transferable 45Z clean fuel credits to market 4/17
- HyOrc completes independent process and technology verification for waste-to-methanol platform 4/17
- Bottled lightning makes a cleaner fuel: Research shows how bursts of plasma convert methane into methanol without high heat and pressures 4/17
- Evonik launches high performance isodewaxing catalysts for fuels and lubricants production 4/16
- BASF to increase its price for neopentylglycol in the U.S. and Canada 4/16
