Economics
Asia gets most of Russian dark fuels after EU embargo
Asian countries remain the lead destinations for Russian vacuum gasoil and fuel oil exports after the European Union's embargo.
'Abnormal' EU biodiesel imports hit rapeseed market
An "abnormal" rise in imports of biodiesel classified as waste-based has hit rapeseed prices in Europe, vegetable oil industry group FEDIOL said, calling for an investigation into the authenticity of these biofuel imports.
Chemical maker Dow signs supply agreement for bio-plastic materials
U.S. chemical maker Dow Inc said it had signed a long-term supply agreement with bio-conversion company New Energy Blue for plastic materials made from corn residue, in a bid to move towards renewable energy sources for production.
Delta Biofuel announces $100-MM final investment decision for renewable fuel facility in Jeanerette
Delta Biofuel has announced a $100-MM final investment decision for the construction and start up of a full-scale renewable fuel production facility in Iberia Parish that will convert sugarcane waste into feedstock for low-emissions energy generation.
Kazakhstan to send 100,000 tons of crude to Germany via Druzhba in May
Kazakhstan's oil exports to Germany via Russia's Druzhba pipeline are expected to reach 100,000 tons in May, pipeline operator KazTransOil says.
OxyChem to install new electrolyzers at Texas facility
thyssenkrupp nucera is partnering with OxyChem to install the latest generation eBiTAC v7 electrolyzers to support the conversion of its Battleground plant in LaPorte, Texas, from the diaphragm to membrane chlor-alkali technology.
Oil prices buoyed by Saudi warning and falling U.S. stockpiles
Oil prices rose, driven up by tightening U.S. inventories and a warning from the Saudi energy minister that raised the prospect of further OPEC+ production cuts.
Oil prices rise on concerns over tightening supply
Oil prices gained after U.S. oil and fuel supplies tightened and as a warning from the Saudi energy minister to speculators raised the prospect of further OPEC+ output cuts.
Neste and World Fuel Services expand availability of Neste MY SAF for European airports
Neste and World Fuel Services are significantly expanding the availability of Neste MY Sustainable Aviation Fuel in Europe, building on World Fuel's extensive network and customer base and Neste's well-established production and supply chain capabilities.
McDermott awarded PMC contract from IOCL
McDermott has been awarded a project management consultancy contract from India Oil Corporation Limited for the Maleic Anhydride (MAH) unit at the Panipat Refinery and Petrochemical Complex, located 62 miles from New Delhi, India.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
