Economics
Maintenance shutdown planned for Czech Litvinov oil refinery in April-May
Czech oil refiner Unipetrol will perform maintenance on its 109,000 bpd Litvinov oil refinery from April 4 to May 15.
Chevron Lummus Global and Hongrun Petrochemical commission all-hydroprocessing white oil unit
Chevron Lummus Global LLC announced the successful commissioning of the world's largest white oil hydroprocessing unit for Hongrun Petrochemical Co., Ltd. in Weifang, Shandong Province, China.
Norway to add more Arctic acreage for oil and gas drilling
Norway plans to add another 37 blocks to its annual so-called pre-defined areas oil and gas licensing round in the Norwegian Sea and the Barents Sea.
Traders divert Russian oil products around Africa to avoid Red Sea
Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk of attacks by Yemen’s Iran-aligned Houthi group.
Well-stocked U.S. fuel markets shrug off January's arctic blast
A bitter January cold snap that knocked out 15% of Gulf Coast refining capacity had little effect on fuel prices, with two months of rising stockpiles helping U.S. markets avoid the extreme volatility seen during recent winter freezes.
Airbus, Avinor, SAS, Swedavia and Vattenfall pave the way for hydrogen aviation in Sweden and Norway
Airbus, Avinor, SAS, Swedavia and Vattenfall have signed a Memorandum of Understanding to investigate the feasibility of a hydrogen infrastructure at airports in Sweden and Norway.
India sugar industry wants more sugar used for ethanol as supply improves
The Indian sugar industry urged the government to allow more sugar to be diverted for the production of ethanol, citing improved supply after unseasonable rainfall in key cane-growing states in 2023.
Return of U.S. oil sanctions on Venezuela to hit revenue, fuel imports
The return of U.S. sanctions on Venezuela's oil and gas sectors would hurt the OPEC country's ability to collect cash from its oil exports, crimp new energy investments and raise the risks of domestic fuel scarcity.
Nextchem awarded licensing and engineering design package for Norsk e-fuel’s first industrial scale e-fuel plants located in Norway
NextChem has signed a contract with Paul Wurth S.A. and Norsk e-Fuel AS for a licensing and engineering design package relating to NX CPO to be applied in the first industrial scale plant able to produce SAF from green hydrogen and biogenic CO2 in Mosjøen, Norway.
Sonichem launches project to transform the automotive industry with bio-based plastics
A consortium led by sustainable technology innovator Sonichem has been granted nearly $760,000 in funding from Innovate UK’s 'Resource efficiency for materials and manufacturing' program.
- Studi Tecnologie Progetti S.p.A. signs agreement to upgrade Attock refinery in Pakistan for $600 MM 7/1
- Maire's NEXTCHEM awarded engineering contract for Pacifico Mexinol's $3.3-B, 2.1-MMtpy low-carbon methanol project 7/1
- Axens, IFPEN, and SMS group Launch Carboverseo™: Essential Technology for e-fuels deployment 7/1
- BASF closes purchase of DOMO Chemicals’ shares in Alsachimie JV 7/1
- deugro completes another equipment shipment for INEOS' Project One project in Belgium 7/1
- Shell renews contract with Cyberhawk, enabling a global visualization and data integration platform across its portfolio 7/1
