Economics
Greece arrests member of gang that raked in $21 B from fuel-product smuggling
Greek authorities have arrested a senior member of an international gang that smuggled Latin American fuel products for illegal sale around the world, raking in an estimated profit of more than $21 B.
ADNOC cuts Upper Zakum oil exports sharply after diverting supply to refinery
Exports of Upper Zakum crude from the United Arab Emirates fell sharply in March after ADNOC diverted more supply to its own refinery and boosted shipments of its lighter Murban oil.
Japan's JERA starts ammonia co-firing trial at coal power station
JERA said it has begun a demonstration of co-firing 20% of ammonia with coal at its Hekinan thermal power station in central Japan, in what it said is the world's first trial using a large amount of the gas at a major commercial plant.
INEOS completes acquisition of TotalEnergies' Lavera petrochemical assets in Southern France
INEOS has completed the acquisition of TotalEnergies’ 50% share of Naphtachimie, Appryl, Gexaro and 3TC announced on July 5th.
INEOS completes acquisition of TotalEnergies' Lavera petrochemical assets in Southern France (1)
INEOS has completed the acquisition of TotalEnergies’ 50% share of Naphtachimie, Appryl, Gexaro and 3TC announced on July 5th.
Ryanair purchases 1,000 tons of SAF from Shell
Ryanair announced that it has purchased 1,000 tons of SAF from global energy group, Shell, and will be supplied to the airline at its Stansted Airport base.
Dow and Procter & Gamble to develop a new proprietary recycling technology targeting hard-to-recycle plastic waste
Dow and the Procter & Gamble Company announced a joint development agreement to create a new recycling technology to enable efficient conversion of hard-to-recycle plastic packaging into recycled polyethylene with near-virgin quality and a low greenhouse gas emissions footprint.
Maersk's ECO Delivery Ocean leading the green transition with biofuels and methanol
Strong growth for Maersk ECO Delivery Ocean product in 2023. Over 200 customers saved more than 680,000 tons of GHG emissions. Retail, lifestyle, automotive and FMCG companies are the pioneers.
Ørsted selected by U.S. Department of Energy to receive funding for Star e-Methanol facility
Ørsted announced it has been selected by the Department of Energy Office of Clean Energy Demonstrations to begin award negotiations for up to $100 MM in federal funding to construct a groundbreaking Power-to-X facility, called Star e-Methanol, along the Texas Gulf Coast.
Methanol-fueled "Ane Maersk" arrives at Port of Hamburg
The "Ane Maersk", the world's first large methanol-capable container ship operated by the Maersk shipping company with a capacity of more than 16,000 TEU, moored at Eurogate Container Terminal Hamburg for the first time on its maiden voyage from Asia to Europe.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26
