Economics
ExxonMobil says French refineries could take 2-3 weeks to fully restart
ExxonMobil's 140,000 bpd fos-Sur-Mer and 240,000 bpd Port Jerome-Gravenchon oil refineries in France could take 2-3 weeks to fully restart after shutdowns caused by strikes.
Diesel’s gloomy message for the global economy
Global shortages of middle distillates such as diesel, gas oil and heating oil are intensifying rather than easing – making it more likely a relatively severe slowdown in the business cycle will be necessary to rebalance the market.
French refinery strikes risk spiraling into bigger crisis for Macron
France's refinery strikes are emboldening hardline unions and the political opposition hoping to ignite a broader movement that could threaten President Emmanuel Macron's reform agenda.
Shell Catalysts & Technologies and Technip Energies strengthen strategic alliance on CANSOLV technology to address growing CCS demand
The strategic alliance is an integrated cooperative relationship for the joint promotion, marketing, licensing and execution of projects using Shell’s CANSOLV CO2 Capture System technology.
French refineries strike continues despite requisition threat
A strike at TotalEnergies' French refineries has been reconducted across all sites after the government warned it would requisition staff at some petrol depots to secure supplies following weeks-long strikes.
Hydrocarbon Processing Award 2022 Winners Honored at Houston Gala
Nearly 150 of the midstream and downstream oil and gas industry’s brightest minds gathered Wednesday to find out, and celebrate, the winners of the 2022 HP Awards.
Carlyle prepares sale of Gabon oil firm Assala Energy
Private equity fund Carlyle Group is preparing to launch the sale of its Gabon-focused oil and gas producer Assala Energy, hoping to raise over $1 B amid high global energy prices, industry sources said.
TotalEnergies accelerates refinery wage talks as fuel supply shrinks
TotalEnergies offered to bring forward wage talks, in response to union demands, as it sought to end a strike that has disrupted supplies to almost a third of French petrol stations and led the government to tap strategic reserves.
U.S. outlines roadmap to boost sustainable aviation fuel
The U.S. Energy Department on Friday issued a plan detailing a government-wide strategy for ramping up production and use of sustainable aviation fuels.
U.S. imposes new sanctions on Iran oil exports, targets Chinese firms
The United States imposed sanctions on companies it accused of involvement in Iran's petrochemical and petroleum trade, including five based in China, pressuring Tehran as it seeks to revive the 2015 Iran nuclear deal.
- 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
