Economics
Apical’s joint venture with Cepsa to build the largest 2G biofuels plant in southern Europe
Apical has established a joint venture with Cepsa to produce second generation biofuels by constructing the largest plant in southern Europe.
Seeq achieves AWS Manufacturing and Industrial Competency
Seeq Corporation announced that it has achieved the Amazon Web Services Manufacturing and Industrial Competency.
Spain's Cepsa teams up with Apical to build $1-B biofuels plant
Spanish oil company Cepsa teamed up with vegetable oil processor Apical Group’s Bio-Oils unit to build a second-generation biofuels plant in southern Spain, a $1.11-B project.
Biden admin greenlights LNG exports from Alaska project
The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project that one day could help the United States compete with Russia to ship natural gas from the Arctic to Asia.
Aether options site for future production facility
Aether Fuels announced a real-estate agreement with the Smith County Economic Development District in Mississippi.
Oil products shipments disrupted at two TotalEnergies refineries
Oil products shipments from TotalEnergies' Donges and La Mede refineries were disrupted on Thursday with 20% of operational staff having joined strike action over the government's pension reforms.
Vietnam's Binh Son refinery delays maintenance, expects 88% profit fall this year
Vietnam's Binh Son Refining and Petrochemical will delay the maintenance at its refinery until next year, and said it expects profits to drop 88% this year due to rising costs, including higher taxes.
European diesel refining margins at lowest since Russia's invasion
Benchmark Northwest European diesel refining margins dropped to $17.70 a barrel on Wednesday, their lowest since Feb. 25, 2022, a day after Russia launched its invasion of Ukraine.
AFPM: EPA vehicle proposal will “effectively ban gasoline and diesel vehicles,” advantaging China
EPA’s vehicle GHG proposal should be revised to account for lifecycle emissions, promote tech neutral competition and uphold consumer choice.
Petrochemical firms and Seoul city government partner to recycle plastic waste
The Seoul Metropolitan Government is partnering with domestic petrochemical companies to begin a pilot project for recycling plastic waste materials using thermal pyrolysis technology.
- Chevron Technology Ventures' Catalyst program selects RapiCure 7/15
- GEA promotes more sustainable refinery processes with energy-efficient high-performance decanters 7/15
- Ariel Green pays claim for plastic recycling facility, demonstrating protection for clean energy projects 7/15
- China taps deeper into oil inventories despite biggest drop in refining on record 7/15
- China's Sinopec establishes four business units in major overhaul 7/15
- Japan refiners to diversify crude sources, explore support for Hormuz bypass routes 7/15
