Economics
Safir Petchem Project set to launch by the end of 2023
The Managing Director of the Persian Gulf Petrochemical Industries Company, Abdul Ali Ali Asgari, has announced that the "Safir Petrochemical Project" is on the verge of commencing its operations in the near future.
Headway Technology Group showcased their groundbreaking methanol fuel supply system
The Forum of Alternative Fuel and Propulsion Technology was organized by Headway Technology Group Co., Ltd. on 27th October, in Yantai, China where Headway Technology Group showcased their groundbreaking Methanol Fuel Supply System, which was in live operation
Aramco and ENOWA to develop first-of-its-kind e-fuel demonstration plant
Aramco and ENOWA have signed a joint development agreement to construct and establish a first-of-its-kind synthetic e-fuel demonstration plant.
Neste partners with PTL Marine to supply renewable diesel to marine customers across California (U.S.)
Neste is partnering with PTL Marine to provide Neste MY Renewable Diesel to the marine sector across the State of California
Virgin Atlantic wins UK permit for 100% SAF TransAtlantic flight
Virgin Atlantic will fly from London to New York using 100% SAF, after Britain gave it permission, paving the way for a world first as airlines step up efforts to decarbonize travel.
Southwest Airlines signs agreement with USA BioEnergy to purchase up to 680 million gallons of SAF
Southwest Airlines Co. announced an offtake agreement with USA BioEnergy, LLC for up to 680 million gallons of neat SAF.
Wizz Air wins 2nd consecutive CAPA Asia Aviation Summit award for SAF usage
For the second year in a row Wizz Air has been awarded the CAPA Global Environmental Sustainability Airline/Airline Group of the Year.
Nigeria brings major Dangote refinery to life with own oil supply
Nigeria's state oil firm NNPC Ltd will supply the new 650,000-bpd Dangote oil refinery with up to six cargoes of crude oil in December to be used in test runs.
Russia's October seaborne diesel exports fall on ban, maintenance
Seaborne diesel and gasoil exports from Russian ports fell 11% in October from a month earlier to about 2.55 MMt due to major maintenance work at refineries and a fuel export ban.
PetroChina aims to resume Venezuelan oil imports after 4-year pause
China's PetroChina is proposing to buy up to 8 million barrels a month of Venezuelan crude from state-run oil company PDVSA hoping to resume a trade suspended four years ago by U.S. sanctions.
- 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
