Americas
U.S. says it disrupts illicit oil shipment by Iran's IRGC, seizes contraband crude
The U.S. said it has halted a multi-million dollar shipment of crude oil by the Islamic Revolutionary Guard Corps being shipped in violation of sanctions against Iran, and seized more than 980,000 barrels of contraband crude oil.
Oil ticks higher as tight supply trumps macroeconomic gloom
Oil prices hovered above $90 a barrel, on track to end the week higher as investors chose to focus on tighter supply, despite broader macroeconomic uncertainty.
Lummus launches ethanol-based SAF technology
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the commercial availability of its ethanol to SAF process technology.
Net Zero: Saipem launches Bluenzyme, the most sustainable solution for CO2 capture
Saipem has launched Bluenzyme with the release of the first industrialized product, Bluenzyme 200, a ready-to-use package aimed at small and medium emitters, which has a nominal capture capacity of 200 tons of CO2 per day.
U.S. airlines flag high fuel costs, Southwest's August bookings disappoint
Southwest Airlines flagged softer August leisure bookings and joined two other U.S. airlines in warning of higher fuel costs in the third quarter due to a jump in crude prices.
Biden admin to delay SAF subsidy guidance until December
President Joe Biden's administration likely will delay until December a decision on whether to make it easier for SAF made from corn-based ethanol to qualify for subsidies under the White House's signature climate law.
Surveillance camera captures tower collapse at BASF TotalEnergies Petrochemicals facility
A surveillance camera installed at a nearby business captured a tense moment when a tower crumbled during a fire incident at BASF TotalEnergies Petrochemicals facility in Port Arthur.
ABB supports innovative bioplastics project as main electrical contractor for Avantium and Worley
Avantium is building a new plant that will support the transition to bio-based plastics to replace ones that rely on fossil-based raw materials.
Petrobras-Mubadala partnership may open door to refinery deal and biofuel partnership
Brazilian state-run oil firm Petrobras remains eager to repurchase a refinery from Abu Dhabi state investor Mubadala despite antitrust barriers, and a new biofuels partnership could open the door to future talks.
Bunker fuel market to convert to LNG in next 10 years
The global bunker fuel market is expected to convert substantially to LNG over the next 10 years.
- 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
