Economics
Petrobras CEO says no pressure from govt on fuel prices
Brazil's Petrobras was not pressured by the federal government to refrain from raising local fuel prices, its CEO said, after the state-run oil company announced a major hike in gasoline and diesel prices to track an "abrupt" global spike.
Brazilian grain giant Caramuru begins soybean-based ethanol sales
Brazilian food and fuel processor Caramuru Alimentos, one of the country's largest grain crushers, has started selling soybean-based ethanol at one of its plants in center-western Brazil.
Strathcona: The road to renewable fuel
The renewable diesel facility at the Strathcona refinery near Edmonton, Canada, will soon help pave the way to a lower-emission future.
ScanOcean first to sell Neste’s marine fuel in Sweden
Neste and ScanOcean have brought Neste’s marine fuel enabling lower greenhouse gas emissions to the Swedish market.
Russian seaborne diesel exports rise by 7% in August
Russia's seaborne diesel and gasoil exports rose by 7% to about 1.7 million metric tons in the first 14 days of August from the same period in July on strong production volumes after seasonal refinery maintenance eased.
Brazil's Petrobras to raise diesel, gasoline prices
Brazilian state-run oil company Petrobras said it will raise gasoline and diesel prices at its refineries after what it called an "abrupt" increase in global oil prices.
Production of renewable diesel restarted at Neste’s Singapore refinery after operational shutdown
The production of renewable diesel at Neste’s Singapore refinery expansion has been restarted in early August according to the company’s plans.
Indian refiner MRPL to phase out exports as it adds retail outlets
India's Mangalore Refinery and Petrochemicals Ltd plans to phase out fuel exports in the next two to three years as it expands its local retail network to diversify its sources of revenue, its managing director said.
Oil dips further as China worries counter supply cuts
Oil prices dipped as concerns about China's faltering economic recovery and a stronger dollar took the momentum out of seven weeks of gains on tight supply.
Singapore July bunker sales rebound as container throughput firms
Singapore's marine fuel sales, also known as bunker sales, rebounded in July after a sharp decline in June, while monthly container throughput hit a year-to-date high, official data showed.
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- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
