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Economics

The Fly Up: Heathrow launches renewable biofuel breakfast

A first of its kind breakfast at Heathrow, named The Fly Up, which is cooked with oil that is then cleaned and recycled into renewable biofuels, has taken off.

Singapore's middle distillates stocks hit highest in 2-1/2 years as exports dip

Singapore's middle distillates stockpiles surged by 8% week on week to hit a fresh high since September 2021 as net exports of both diesel/gasoil and jet fuel/kerosene slipped by 98% and 26%, respectively.

Fortescue conducts world's first ammonia bunker trial in Singapore

Fortescue has conducted the world's first ammonia marine bunker operation in the port of Singapore, the city-state's Maritime and Port Authority and the Australian mining company said.

Sanctioned tanker NS Century reaches China port to discharge Russian oil

The oil tanker NS Century, which is under sanction by the U.S., arrived at the Chinese port of Qingdao late to discharge its cargo of Russian crude oil, LSEG shipping data showed.

First carbon capture pilot rig delivered by Compact Membrane Systems

Compact Membrane Systems announced that it has delivered a carbon capture pilot rig to OMV, a leading petrochemical company in Austria.

Vietnam's Dung Quat refinery: will keep selling products during maintenance period

Vietnam's Binh Son Refining and Petrochemical will continue selling refined petroleum products from its Dung Quat refinery during a 50-day maintenance period at the facility.

Ukrainian drones attack Russian oil refinery in Kaluga region

Ukraine attacked a small oil refinery in Russia's Kaluga region with drones, causing damage in an operation that was conducted by the GUR military spy agency.

Brazil's 2024 ethanol exports seen strong, helped by corn ethanol

Brazil has the potential to maintain exports of ethanol at strong levels in 2024, after last year posting the highest volumes since 2020 due to an increase in corn ethanol supply.

Successful demonstration in Dunkirk of the CO2 capture DMX process

Operational since April 2023 on ArcelorMittal’s Dunkirk site, the industrial pilot for the capture of CO2 present in blast furnace gases has delivered promising results.

U.S. Justice Department is also probing ADM's ethanol trading desk

The U.S. Justice Department is investigating Archer-Daniels-Midland's ethanol trading operation as part of a broader probe of the commodities giant's accounting practices.