Economics
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.
How serious is Russia's fuel export ban and who will be hit?
Russia said it had temporarily banned gasoline and diesel exports to all but four ex-Soviet states in response to domestic shortages, a move that will disrupt global trade that has already had to adjust to Western sanctions on Russian fuel exports.
China refiner Shenghong in preliminary deal with Saudi Aramco for equity investment
China's privately controlled Jiangsu Eastern Shenghong Co Ltd said it had entered a preliminary deal with Saudi Aramco for the Middle Eastern oil major to become a minority stakeholder in its refining and petrochemical unit.
IATA head says price of sustainable fuel likely to remain high
SAF is likely to stay more expensive than kerosene even when large-scale production kicks in and the cost won't deter airlines from their carbon emission targets.
Samsung Engineering receives FEED contract for Saudi Petrochemical Project
Samsung Engineering, a world leading engineering solutions and project management company, announced today that it received the Notice of Award for the FEED contract of a PDH, PP, UTOS plant from Alujain National Industrial Co. in Saudi Arabia.
Taiwan's CPC Corp seeks second jet fuel cargo this year
Taiwan's CPC Corp is seeking to procure a jet fuel cargo for delivery between mid-October and early November via a spot tender, a second such purchase this year.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
