Economics
European diesel refining margins rise after Yemen air strikes
Benchmark northwest European diesel refining margins rose to above $30 a barrel as intensifying conflict in the Red Sea increased concerns about potential supply disruptions.
Emerson named ‘Industrial IoT Company of the Year’
Global technology and software leader Emerson has been named the IoT Breakthrough “Industrial IoT Company of the Year” for the sixth year.
Infinium and Mo Industrial Park announce collaboration to develop commercial eFuels project in Northern Norway
eFuels provider Infinium and Mo Industrial Park have signed a Memorandum of Understanding to develop Norway’s first advanced eFuels production facility in Mo i Rana, Norway.
Kuwait's KPC offers high sulfur fuel oil for Feb-Apr
Kuwait Petroleum Corp has issued a semi-term tender offering high sulfur fuel oil for loading between February and April.
Singapore's middle distillates stocks at 5-mth low on higher jet fuel/kerosene exports
Singapore's middle distillates stockpiles hit a five-month low as higher jet fuel/kerosene exports outweighed declines in gasoil/diesel exports.
Alberta examines options for its investment in the Sturgeon Refinery
Alberta Premier Danielle Smith is exploring options to address the province's recent losses stemming from the Sturgeon Refinery.
Borouge signs $44-MM supply agreement with NAFFCO
Borouge Plc announced the signing of a $44-MM agreement with NAFFCO to supply NAFFCO’s local and regional infrastructure projects with Borouge’s innovative and sustainable polyethylene materials.
Lummus strengthens position in circular economy
Lummus Technology announced a major investment in Resynergi, a pioneering leader in plastic recycling technology, to scale production of Resynergi's modular Continuous Microwave Assisted Pyrolysis technology.
Celanese begins carbon capture and utilization operations at Clear Lake, Texas (U.S.) facility
Celanese Corporation announced it has begun running a carbon capture and utilization project at its Clear Lake, Texas (U.S.), site as part of its Fairway Methanol joint venture with Mitsui & Co., Ltd.
Nextchem to create an "e-Factory for carbon-neutral Chemistry" with Newcleo
MAIRE announces that NEXTCHEM, through its subsidiary NextChem Tech, thanks to its expertise in chemistry and electrochemistry, has launched a new model for “e-Factory for carbon-neutral Chemistry”.
- China's Shandong raises fuel oil import tax rebates for some refineries 7/3
- Executive Viewpoint: Heavy industry, light footprint—Helping the HPI run leaner and cleaner with AI 7/3
- Digital Feature: Flare system design—The importance of periodic evaluation of existing facilities 7/2
- Valmet to deliver Valmet DNA DCS to a bio-based process plant in Portugal 7/2
- EIA: U.S. crude and gasoline inventories rise, distillates draw down 7/2
- Indonesia's Pertamina seeks spot gasoline, including Singapore cargoes 7/2
