Economics
Singapore's middle distillates stocks hit over 6-month high on jet fuel imports
Middle distillates inventories at key storage hub Singapore hit a more than six-month high as the city-state turned net importer of jet fuel/kerosene despite an increase in gasoil outflows to the West, official data showed.
Kremlin: no plans to raise crude oil supply to offset fuel export ban
Russia has not discussed with the OPEC+ group of leading oil producers a possible crude oil supply increase to compensate for Russia's fuel exports ban.
Shell and MAN Energy Solutions enhance ties with RWGS Technology pilot plant
Shell Global Solutions International B.V. and MAN Energy Solutions SE partnered in 2021 to develop Reverse Water Gas Shift technology.
BASF ECMS teams up with ZeroAvia to advance HT-PEM Fuel Cells for hydrogen aviation
BASF Environmental Catalyst and Metal Solutions and ZeroAvia have signed an agreement for the supply of membrane electrode assemblies and to collaborate on research on next generation MEAs for ZeroAvia’s world-leading high temperature proton exchange membrane fuel cell stacks for aviation.
Japan's Mitsubishi considers opening fuel ammonia import hub
Japanese trading house Mitsubishi is considering the conversion of the Namikata terminal near Hiroshima into a fuel ammonia import hub.
Discovering Honeywell's pathways to sustainability: Highlights from Global Sustainability Week
To highlight their pathways to sustainability, Honeywell’s Global Sustainability Week took place from September 11–15 in Chicago, Illinois and Charlotte, North Carolina. The event took attendees to Chicago to tour their Riverside and Des Plaines labs, focusing on carbon capture, renewable fuels, hydrogen (H2) and plastics circularity.
bp's Peacock Project secures exclusive power deal with ExxonMobil-SABIC JV for sustainable materials production
bp has started construction on its 187MWdc Peacock Solar project, located 10 miles north of Corpus Christi in San Patricio County, Texas, helping support the global transition to lower carbon energy.
Shipping industry lacks clarity on future clean fuels on path towards decarbonization
The shipping industry lacks clarity on future clean fuels and regulatory systems which is holding back companies from replacing ageing vessels amid pressure to decarbonize faster.
Neste expands its renewable fuels supply capabilities in Southern California (U.S.)
Neste has expanded its capability to supply renewable fuels to customers on the West Coast of the United States in cooperation with Vopak, a leading energy industry infrastructure provider.
Técnicas Reunidas and Sinopec Engineering Group sign a Strategic Alliance Cooperation Agreement
Técnicas Reunidas, S.A. and Sinopec Engineering Group Co. Ltd. have signed in Beijing a Strategic Alliance Cooperation Agreement for the joint execution of Refining, Petrochemicals, Natural Gas and Transition Projects worldwide.
- thyssenkrupp Uhde completes pre-FEED for HAMR Energy’s renewable fuels project in Australia 8/21
- Europe distillates-diesel profit margins firm 8/21
- U.S.: Indiana's bp refinery restarts after severe flooding 8/21
- Berlin weighs trusteeship extension for Rosneft's German assets 8/21
- Trump administration to rule on biofuel exemption requests, delay reallocation decision 8/21
- TotalEnergies' Donges refinery fire extinguished 8/21
