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Lotte Chemical Titan secures $3-B ethylene supply deal in Indonesia

Malaysia's Lotte Chemical Titan said that its Indonesia-based subsidiary has agreed to a 10-year ethylene supply deal worth around $3 billion with its downstream petrochemical producer, Lotte Chemical Indonesia Nusantara.

Axens, IFPEN, and SMS group Launch Carboverseo™: Essential Technology for e-fuels deployment

In a groundbreaking development, Axens, in collaboration with IFP Energies nouvelles (IFPEN) and SMS group, has successfully homologated the Carboverseo™ technology. This innovative reverse water-gas shift process, which converts CO2 into CO, is now live and ready to revolutionize the e-fuel industry by providing a robust and scalable solution for transforming CO2 into valuable products.

Partnership for sustainability: Pekutherm and POLYVANTIS launch circular economy initiative

Pekutherm and POLYVANTIS have launched a joint take-back and recycling program for PLEXIGLAS® production waste, aiming to systematically return acrylic to the materials cycle.

Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra

Lloyd's Register (LR) has entered into a memorandum of understanding (MoU) with German developer DAI Infrastruktur GmbH (DAI) for Project Ra, a large-scale green ammonia production and bunkering development at East Port Said, Egypt.

AVTL to develop ammonia terminal in Pipavav, India

In India, AVTL, will develop a brownfield ammonia terminal at the existing Pipavav location. The terminal will be the first independent ammonia storage terminal in India. 

Italy's Eni eyes new unit to manage oil refineries

Eni intends to set up a new company focused on several assets including oil refineries and fuels storage facilities in Italy

Oil tanker market signals more Middle East energy disruption ahead

While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.

Nigeria to export first gasoline cargo to Asia from Dangote refinery

A 90,000 metric ton cargo of gasoline from Nigeria's Dangote refinery will be sold out of the region for the first time and bound for Asia

China's May refinery throughput at 9-month low on plant overhauls (1)

China's crude oil throughput declined by 1.8% in May from a year earlier to the lowest level since August, official data showed on Monday, as maintenance at both state-owned and independent refineries curbed operations.

MAIRE, Azerbaijan partner to increase sustainability projects in Azerbaijan

The parties will focus on business opportunities in the renewable energy sector, low-carbon technologies, waste-to-energy solutions, green hydrogen, methane emissions reduction, and biofuels.