Economics
India's April diesel sales soar, overall fuel consumption eases
India's fuel consumption eased in April from record highs seen the previous month, official data showed, but sales of diesel scaled a new peak indicating robust industrial activity in the world's third biggest oil consumer.
Agency warns Sweden may miss CO2 targets with biofuel cut
Sweden will struggle to hit its 2030 emissions targets, a government agency warned, after the country's minority coalition cut the biofuel that must be added to diesel and gasoline.
No harmful chemical levels in air after Shell Texas chemical plant fire, company says
Air monitoring around an extinguished fire at the Shell Plc's chemical plant in Deer Park, Texas, showed no harmful levels of chemicals in the air, the company said, added that there was no threat to the surrounding community.
Vietnam's Binh Son refinery to borrow $754 MM for expansion plan
Vietnam's Binh Son Refining and Petrochemical will take $754 MM worth of loans for a project to expand its sole oil refinery and boost its annual crude oil processing capacity by more than 1 million tons, the company said.
Sichuan Jinshang Environmental Protection Technology Co. to produce SAF utilizing Honeywell Ecofining tech
Honeywell today announced that Sichuan Jinshang Environmental Protection Technology Co. will use Honeywell Ecofining technology to produce nearly 300,000 tpy of SAF at its newly planned facility in Suining, Sichuan Province, China.
Lummus Technology announces partnership with Texplore to license HDPE technology
Lummus Technology and Texplore Co., Ltd. announced a commercial cooperation agreement to license and market EXCENE, Texplore's high-density polyethylene technology.
Sweden to cut biofuel additives in gasoline and diesel
Sweden's minority coalition has agreed to lower the amount of biofuel mixed in diesel and gasoline, a move it says will cut prices for cash-strapped drivers, but which climate groups say will increase C02 emissions.
Nigerian president to commission Dangote refinery in two weeks
Nigerian President Muhammadu Buhari will commission the multi-billion dollar Dangote oil refinery, a presidency spokesperson said, setting up the plant for its first production since construction started in 2016.
GIDARA Energy announces major milestone: environmental permit for advanced methanol facility
GIDARA Energy is pleased to announce that it has secured a key environmental permit for its Advanced Methanol Amsterdam facility, which is a major step forward in the company’s mission of decarbonizing the industry.
Russia's Lukoil completes sale of ISAB oil refinery in Italy
Russia's second-largest oil producer Lukoil said its subsidiary LITASCO had completed the sale of the ISAB oil refinery in Sicily to Cypriot private equity firm G.O.I. Energy following approval by Italian authorities.
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- Trafigura to use Babcock's ammonia fuel supply system onboard gas carriers 7/7
- Lotte Chemical Titan secures $3-B ethylene supply deal in Indonesia 7/7
- Diesel East-West price spread nears 1.5-yr high amid supply concerns West, stable East 7/7
- U.S. Gulf Coast fuel oil imports at record low as refiners opt for heavier crude 7/7
