Economics
UAE's ADNOC sells more fuel oil from Ruwais refinery in January
UAE's Abu Dhabi National Oil Company has sold more straight-run fuel oil from its Ruwais refinery complex this month via private sales.
Water supply restored to TotalEnergies Texas (U.S.) oil refinery
Water supply was restored to TotalEnergies' 238,00-bpd Port Arthur oil refinery in Texas, (U.S.) that has been shut for nearly a week.
Topsoe selected as technology provider for Preem’s renewable fuels plant in Sweden
Topsoe signed a licensing and engineering agreement with Preem, Sweden’s largest fuel company, to produce SAF and renewable diesel, using Topsoe’s HydroFlex technology.
BASF and Inditex make a breakthrough in textile-to-textile recycling with loopamid
BASF and Inditex announced a breakthrough in their efforts for boosting recyclability in the textile industry with the launch of loopamid, a polyamide 6 made from 100 percent textile waste,
Proactive Decision-Making for Emissions Management: The Roadmap to Net Zero
Industry leaders have committed to achieving net-zero carbon emissions by 2050.
India defers $602-MM plan to fill parts of strategic petroleum reserve
India has deferred a $601.78 MM plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets.
China's 2023 low-sulfur marine fuel exports up 3% from 2022
China's exports of low-sulfur marine fuels last year rose 3.2% from 2022.
OMV, ADNOC to iron out terms of deal for chemicals tie-up
Abu Dhabi National Oil Co and Austria's OMV are poised to resume talks to agree final terms of a tie-up that would create a chemicals group with more than $20 B in combined annual sales.
Operations at damaged Russian fuel complex seen resuming within weeks
Russian energy company Novatek is likely to resume large-scale operations at its Ust-Luga processing complex and Baltic Sea terminal within weeks, following a suspected drone attack seen disrupting naphtha flows to Asia
Saudi's SABIC gives go-ahead for $6.4-B China petrochemical plant
Saudi Basic Industries Corp will go ahead with building a petrochemical complex in southeastern China's Fujian province, shoring up Saudi ties with China, the world's top oil importer.
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Nigeria's Dangote refinery says crude unit and petrol block running at capacity in tests (1) 2/12
- Vietnam's largest refinery to operate at 120%-125% of designed capacity in Q1 2/12
- Indonesia's Medco expansion plans bet on rising energy demand in Southeast Asia 2/12
