Refining
TotalEnergies starts production at France’s first advanced plastics recycling plant
TotalEnergies has launched France’s first advanced plastics recycling plant, with a capacity of 15,000 tpy, at its Grandpuits site southeast of Paris. This start-up marks another step in the conversion of the refinery into a zero-crude platform.
Jones Act: U.S. waives shipping regulation to ease fuel, fertilizer deliveries
Under the Jones Act, goods shipped between U.S. ports must be carried on vessels that are U.S.-built, U.S.-flagged and mostly U.S.-owned. Maritime industry unions support the requirement, which sharply limits the number of tankers available for domestic shipments.
Vance, Wright to meet with U.S. oil trade group, acknowledges 'rough road ahead' on gas prices
The U.S. has already announced plans to release crude oil from the nation's emergency stockpile to reduce energy prices, and on Wednesday said it would issue a 60-day waiver to U.S. shipping regulations ease fuel deliveries to the nation's ports.
Russia's Novatek to maximize naphtha exports in March amid Asia shortage
Rising production in Ust-Luga and easing ice conditions in the Baltic Sea will allow Novatek to boost naphtha exports to Asian markets, where supply challenges due to the Gulf conflict have sent prices to record highs.
ADNOC and OMV advance formation of Borouge Group International AG
The formation of Borouge Group International AG, through the combination of Borouge Plc and Borealis, and acquisition of Nova Chemicals, is progressing according to plan, with the transactions close expected by the end of March 2026, subject to customary conditions.
Petrobras signs on with Baker Hughes for sweeping gas turbines service agreement
Baker Hughes has announced a substantial 60-month service award from Petrobras to support critical turbomachinery equipment for Brazil’s offshore operations as well as a major refinery.
- Asia-Pacific ports advance cross-sector hydrogen and eFuel readiness 4/30
- THUNDER project launches to advance carbon-neutral eMethanol production in Europe 4/30
- Lantern LNG selects Honeywell Process and Automation Technologies to drive 12-MMtpy Matagorda Bay facility 4/30
- CIRCOR releases biofuel upgrade kit 4/30
- LANXESS inaugurates new lubricant additives manufacturing plant in India 4/30
- Repsol plans to boost jet fuel output as Iran war disrupts global supply 4/30
