Economics
BASF obtains long-term access to bio-based 1,4-butanediol QIRA
BASF is obtaining long-term access to QIRA bio-based 1,4-butanediol from Qore LLC, a joint venture of Cargill and HELM AG.
LanzaJet strengthens collaboration with Technip Energies to accelerate the global deployment of SAF
LanzaJet and Technip Energies announced an agreement to strengthen their exclusive collaboration to support the global deployment of the LanzaJet Alcohol-to-Jet Process technology.
ExxonMobil expands chemical production at its Baytown, Texas (U.S.) manufacturing facility
ExxonMobil announced the startup of two new chemical production units at its Baytown, Texas, manufacturing facility.
Kenya extends oil supply agreement with three Gulf companies
Kenya has extended an oil supply deal with three Gulf-based companies, which is designed to manage demand for dollars.
Shipping rivals CMA CGM, Maersk to collaborate on green fuels
Container shipping giants CMA CGM and Maersk said they will cooperate in efforts to reduce emissions in the sector, including by supporting the use of methanol and aiding research into potential fuels like ammonia.
Vitol ships gasoline and MTBE cargoes to Mexico
Mexican state energy company Pemex has resumed dealing with Vitol nearly three years since deals with the world's largest independent energy trader were banned over a graft scandal.
Volvo to end diesel car production by early 2024
Volvo Cars said that it will end production of any remaining diesel models by early 2024 as it heads towards becoming an all-electric carmaker.
EU lawmakers to grill new climate chief on fossil fuels
Lawmakers in the European Parliament plan to grill Wopke Hoekstra, who is poised to be the EU's next climate change chief, on how he would phase out fossil fuel subsidies and set a new emissions target for 2040.
BASF launches first biomass balance plastic additives
BASF announced the launch of the industry’s first biomass balance offerings for plastic additives.
Russia and China to build oil transshipment complex for $686 MM
Russia's United Oil and Gas-Chemical Co. and China's Xuan Yuan Industrial Development have agreed to jointly invest $686 MM in construction of a transshipment oil complex in Russia's far east.
- SkyNRG starts construction on its first SAF plant in Delfzijl, the Netherlands 2/13
- India's Reliance wins U.S. license for Venezuelan oil 2/13
- TotalEnergies booked loss in France due to refining activities, CEO says 2/13
- Slovakia says Druzhba oil supplies interrupted, expected to resume in coming days 2/13
- 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
