Economics
Coolbrook cracks naphtha, advancing zero-carbon steam cracking at its pilot plant
Coolbrook has successfully demonstrated electric steam cracking of naphtha in its large-scale pilot plant in Brightlands Chemelot Campus, the Netherlands
Venezuela's PDVSA, Spain's Repsol agree to revive oil joint venture
Venezuelan state oil company PDVSA and joint venture partner Repsol signed an agreement amending the original terms of a project in the country, aiming to revive its crude and gas output.
CNX Resources pulls out of Adams Fork ammonia project
CNX Resources said it had pulled out of the Adams Fork ammonia project and is evaluating several alternative sites in southern West Virginia for clean hydrogen projects.
ADNOC to acquire OCI’s stake in Fertiglobe
Abu Dhabi National Oil Company P.J.S.C. and OCI Global, announced that they have entered into a sale and purchase agreement for the acquisition by ADNOC of OCI’s entire majority shareholding in Fertiglobe plc.
Elon Musk says oil and gas should not be demonized
Oil and gas should not be demonized in the medium-term, Elon Musk, the founder of electric car maker Tesla, but he also said it was important to reduce carbon emissions to preserve the planet.
Russia does not yet see grounds for lifting ban on winter diesel export
Russian Energy Minister Nikolai Shulginov said that the government does not yet see grounds for lifting the ban on the export of winter diesel.
India to allow diversion of up to 1.7 MMt of sugar for ethanol
India has decided to allow sugar mills to divert up to 1.7 MMt of sugar for ethanol production, as New Delhi aims to reduce disruptions in its ambitious biofuel program.
Ulstein Verft AS orders methanol-ready MAN 175D engines
Ulstein Verft AS, the Norwegian yard, has ordered 2 × 3 × MAN 12V175D-MEV methanol-ready engines in connection with the building of two Commissioning Service Operation Vessels for Bernhard Schulte Offshore, the offshore unit of international shipping corporation, Schulte Group.
Agreement to develop methanol solution for MAN four-stroke portfolio
MAN Energy Solutions has announced an agreement with Alfa Laval, the Swedish industrial concern, to develop a methanol fuel-supply solution for MAN four-stroke engines and its fuel-injection technology.
LOT Polish Airlines and SkyNRG partner for SAF offtake
LOT Polish Airlines and SkyNRG have joined forces to advance the aviation industry's sustainability efforts.
- 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
- 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
- Brazil to rebuild ethanol stocks in new harvest after 21% drop in 2025-2026 2/12
