Economics
Thailand orders traders to suspend diesel exports
Thailand has ordered traders to suspend diesel exports while Thai Oil Plc repairs its No. 3 crude distillation unit in Chonburi province.
Marine fuel sales fall at UAE's Fujairah in 2023, third largest bunker hub
Sales of marine fuel at the United Arab Emirates' Fujairah dropped by 7.1% in 2023, data showed, though the port retained its position as the world's third largest bunker hub.
Neste and partners wrap up E-Fuel research project, highlighting advancements in electrofuel development
Renewable hydrogen produced by green electricity and carbon capture and utilization play an important role in combating climate change.
Covestro and Encina reach an agreement for a long-term supply of circular raw materials
Covestro and Encina, a U.S.-based producer of ISCC PLUS certified circular chemicals, reached a long-term supply agreement for chemically recycled, circular feedstock derived from post-consumer end-of-life plastic.
Save the Date for YNOW2024: A Yokogawa Users Conference, October 28-30, 2024, Houston, Texas
Yokogawa Corporation of America and KBC announce YNOW2024, an in-person event taking place October 28-30, 2024, at the Hilton Americas-Houston in Downtown Houston, Texas.
LYB enters into agreement to acquire 35% of Saudi Arabia-based NATPET; expands core PP business
LyondellBasell announced it entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company from Alujain Corporation for approximately $500 MM.
AI breakthrough enables refineries to self-diagnose fouling to reduce CO2 emissions
DecarbonX has concluded groundbreaking research into the use of AI in industry, bringing a new level of autonomy to industrial processes and enabling critical equipment to self-diagnose issues.
Cathay joins forces with like-minded organizations to promote the use of SAF
Following the successful launch of its Corporate SAF Program in 2022, Cathay is excited to announce the addition of three new partners to the program.
Shell to exit Nigeria's troubled onshore oil after nearly a century
Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 B.
Talos Energy to acquire QuarterNorth Energy for $1.29 B
Oil and gas company Talos Energy said it will acquire privately held QuarterNorth Energy in a $1.29 -B cash and stock deal to bolster its presence in Mexico.
- Topsoe and Sasol bring advanced SAF technology to Allied Biofuel’s landmark project in Uzbekistan 7/14
- Siemens Energy begins preparations for the launch of an independent brand 7/14
- Emerson helps Romania’s largest refinery reduce control system alarms by over 95% 7/14
- Bunker One executes Latin America's first bioethanol bunkering of a deep-sea container vessel 7/14
- Kognitiv Spark advances the future of connected field worker collaboration 7/14
- EIA: Global LNG trade volumes reached record high in 2025 7/14
