Economics
Executive Viewpoint: A lifecycle assessment on chemically recycling plastics: A conversation with Neste’s Maiju Helin
HP spoke with Maiju Helin, Head of Sustainability and Regulatory Transformation Renewable Polymers and Chemicals, Neste, regarding Neste’s lifecycle assessment report on chemically recycling waste plastic.
China's first 2024 refined fuel export quotas flat vs. year ago
China has issued its first refined fuel export quotas for 2024 totaling 19 MMt, a volume unchanged from last year's and largely in line with market expectations.
NextDecade files to allow TotalEnergies to exit LNG stake
NextDecade has filed for a shelf registration that would allow TotalEnergies to sell its 17.5% stake in the U.S. LNG company over time.
Asian refiners face diesel supply glut in 2024
Diesel supply in Asia is set to jump in 2024 fueled by new refineries in the Middle East and robust exports from China, and is likely to outpace the region's world-leading demand growth.
Brazil's Petrobras mulls Mubadala refining partnership
Brazilian state-run oil company Petrobras said it will analyze a proposal from Abu Dhabi sovereign investor Mubadala on creating a strategic refining and biorefining partnership in the northeastern state of Bahia.
Foreign shareholders freeze participation in Russia's Arctic LNG 2
Foreign shareholders are suspending participation in the Arctic LNG 2 Russian liquefied natural gas (LNG) plant project due to sanctions.
More ships carrying oil avoid Red Sea route
At least two ships transporting oil or oil products between the U.S. Gulf Coast and India last week were re-routing from the Red Sea, as a U.S.-led coalition geared up to help safeguard vessels from attacks by Yemen's Houthi militants.
Russian railway gasoline exports more than doubled in December
Russia more than doubled railway exports of gasoline in the first 17 days of December from the same period in November on lifted fuel embargo and rising production, while domestic demand is seasonally falling.
Singapore's middle distillate stocks fell to a 4-mos low, as exports rise
Singapore's inventories of middle distillates fell further to a fresh 4-mos low of around 8 MMb, as net exports of both diesel/gasoil and jet fuel/kerosene rose.
Eni's Plenitude unit valued at 10 B euros in deal with EIP
Eni has agreed to sell a 9% stake in its low-carbon and retail unit Plenitude to Energy Infrastructure Partners (EIP) through a deal that values the unit at 10 B euros ($11 B) including debt.
- 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
