Economics
EU regulators fine ethanol producer Lantmannen $51 MM over ethanol benchmarks cartel
EU antitrust regulators fined Lantmannen, the largest ethanol producer in the Nordic region, $51.4 MM for rigging ethanol benchmarks between November 2012 to March 2014.
India curbs ethanol production from cane juice to boost sugar supplies
India directed sugar mills not to use cane juice or syrup to produce ethanol, as New Delhi tries to increase sugar supplies by curtailing ethanol production.
Venezuela's PDVSA authorizes first two oil cargoes to India after sanctions relief
Venezuelan state oil company PDVSA has assigned loading windows in December to two vessels bound for India under crude spot deals with Italy's ENI and U.S.-based Chevron, an internal company document showed.
P1 Fuels and Carbon Recycling International sign contract to deliver e-fuel production unit to Germany
P1 Performance Fuels announces a transformative collaboration with Carbon Recycling International to drive e-fuel production for internal combustion engine vehicles.
Global airlines body urges oil sector to invest more in sustainable fuel
The oil and gas sector and alternative fuel producers need to beef up efforts to produce greener aviation fuel to help airlines cut carbon emissions.
Clariant to cut 170 jobs after closing Romania plant, downsize German operations
Clariant cut its full year earnings guidance after it said it would close its bioethanol plant in Romania and downsize its operations in Germany.
Iran Revolutionary Guards seize two vessels smuggling 4.5 million liters of fuel
Iran's Revolutionary Guards' Navy have seized two vessels smuggling 4.5 million liters of fuel.
Lummus and NET Power sign strategic supplier agreement for heat transfer equipment
Lummus Technology announced it has signed a Strategic Supply Agreement with NET Power Inc. to design and supply recuperative heat exchangers for NET Power's near-zero emissions power generation process.
Nextchem (Maire Group) awarded a process design contract by DG Fuels for a bio-waste to SAF facility in the U.S.
MAIRE S.p.A. announces that NEXTCHEM, through its subsidiary MyRechemical, leading the Waste-to-Chemical segment, has been selected by DG Fuels Lousiana to provide the Process Design Package in relation to a SAF facility under development in St. James Parish, Louisiana (U.S.).
Lummus and Toshiba announce partnership for advanced carbon capture solutions
Lummus Technology and Toshiba Energy Systems & Solutions Corporation announced a master collaboration agreement to jointly pursue carbon capture projects.
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
- BHP awards charter contracts for two ammonia dual-fueled vessels 7/3
