Economics
Indorama Ventures achieves 100 billion PET bottles recycling milestone
Indorama Ventures Public Company Limited announces that it has recycled 100 billion post-consumer PET bottles since February 2011.
Worley awarded FEED for QatarEnergy LNG’s largest CO2 sequestration project
Worley has been selected to develop the Front-End Engineering Design for QatarEnergy LNG’s CO2 sequestration project in Ras Laffan, Qatar.
Renault to maintain mixed ethanol combustion engines in Brazil
Renault will maintain production of ethanol-fueled combustion vehicles in Brazil, where nine in 10 cars are equipped to run on a mixture of gasoline and the biofuel as fully EV need more government support.
South Korea's SK Energy offers more October gasoil
South Korea's SK Energy, owned by SK Innovation, is offering more October-loading 10 ppm sulfur gasoil for sale, after selling around nine cargoes in the past few weeks.
Portugal's Galp to invest $426 MM in biofuels with Japan's Mitsui
Portuguese oil company Galp said it had teamed up with Japan's Mitsui to invest $426 MM in an industrial-scale plant to produce biodiesel and biojet fuel from waste at its Sines refinery.
Oil prices steady as Russia eases fuel export ban
Oil prices held steady after Russia relaxed its fuel ban, taking the edge off earlier gains on a tighter supply outlook and wariness over interest rates that could curb demand.
Germany's Scholz aims high on green jet fuel output
Chancellor Olaf Scholz set out Germany's ambitions to become a strategic production center for sustainable jet fuel and to lure investment to build on its importance as one of aerospace group Airbus' manufacturing centers.
ORLEN partners with Yokogawa to develop cutting-edge technology for SAF production
ORLEN and Yokogawa Europe announce they have joined forces to initiate industrial-scale production of carbon neutral SAF.
Oil prices rise as Russia fuel export ban stokes supply concerns
Oil prices rose as renewed global supply concerns from Russia's fuel export ban counteracted fears that slowing economies and high interest rates could crimp demand.
Port Arthur LNG Phase 2 Project receives Federal Energy Regulatory Commission authorization
Sempra Infrastructure, a subsidiary of Sempra, today announced that the Federal Energy Regulatory Commission (FERC) has approved the permit authorizing the Port Arthur LNG Phase 2 expansion project under development at Port Arthur LNG in Jefferson County, Texas
- 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
