Environment
Maersk names second vessel of its large methanol-enabled fleet “Astrid Maersk” in Japan
In a ceremony held in Yokohama, Japan today, the world's second large methanol-enabled container vessel was named "Astrid Mærsk".
Trafigura consortium in talks to buy Exxon oil refinery in France
Rhone Energies, a consortium of commodity trader Trafigura and Entara LLC, is in exclusive negotiations with Exxon Mobil's ESSO SAF to acquire the Fos-sur-Mer refinery in southern France and the Toulouse and Villette de Vienne terminals.
Avril expects biofuel-driven profit surge by 2030
French oilseeds group Avril expects its core profit to increase by over half by the end of the decade as its crop-based food, fuel and industrial products meet demand for lower-carbon goods.
Russia's Orsk refinery declares force majeure on fuel supply due to floods
Russia's Orsk oil refinery, which has halted output after widespread floods, declared force majeure on fuel supplies from April 8, according to a document issued by plant owner Forteinvest.
Singapore’s EU ETS liabilities of $363 MM can accelerate green shipping initiatives
Singapore-registered vessels will be required to contribute a significant $363 MM share of Asian shipping’s total emissions liabilities under the EU ETS, underlining the importance of the Lion City as a key maritime hub for both global trade and decarbonization.
Biden administration's (U.S.) initial SAF subsidy model to raise climate hurdle for ethanol
The Biden administration will release a preliminary climate model for its SAF subsidy program in the coming weeks that is more restrictive than what the corn-based ethanol industry had expected.
The illusion of accuracy in analyzing plant failures
This article highlights the challenges faced by plant engineers in accurately determining damage mechanisms, discussing three common illusions of accuracy including temperature limits, reliance on single references, and confirmation bias during failure investigations.
OCP and Fortescue to partner to develop green energy, hydrogen and ammonia in Morocco
OCP Group and Fortescue Energy announced a landmark JV in Morocco which aims to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets.
Bureau Veritas awards Approval In Principle for methanol dual fuel system to Sasaki Shipbuilding
Bureau Veritas has granted an Approval in Principle to Sasaki Shipbuilding Co., Ltd for its methanol dual fuel system applied in a 9,000 DWT General Cargo Ship.
U.S. refiners and chemical manufacturers lead hydrogen production and consumption
U.S. manufacturers specializing in chemicals and petroleum refining have traditionally accounted for the largest shares of both hydrogen consumption and production, and they pay the least for it.
- New $1.5-B natural gas pipeline to provide feedstock to Dow's petrochemicals plant and other industrial facilities 5/8
- Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC 5/8
- Seasonal U.S. fuel demand hits pandemic lows, weighs on refining margins 5/8
- Analysis: Shell's Singapore refinery sale and its market significance 5/8
- bp profit slides by 40% as refinery outage offsets higher output 5/8
- ADNOC signs third long-term Heads of Agreement for Ruwais LNG project 5/8
