Americas
U.S. awards $7 B to seven U.S. hydrogen hubs
The Biden administration is expected to announce the winners of $7 B in federal grants to build out regional hydrogen hubs.
The SAF Grand Challenge
The SAF Grand Challenge is the result of DOE, DOT, and USDA launching a government-wide Memorandum of Understanding that will attempt to reduce the cost, enhance the sustainability, and expand the production and use of SAF.
Seaspan and AES sign MoU to collaborate on LNG bunkering business development
In the framework of the 3rd International LNG Global Forum, held in Cartagena, Colombia, Seaspan has signed a Memorandum of Understanding with global energy company, AES.
The Gulf Energy Information Excellence Awards 2023 winners honored at live Houston gala
The 2023 Gulf Energy Information Excellence Awards was held on Wednesday evening at the Post Oak Hotel in Houston, Texas (U.S.). The black-tie gala recognized the energy industry’s leading innovations and thought leaders.
Yokogawa joins Avelia’s blockchain-powered SAF purchasing program
Yokogawa Electric Corporation announces it has become the first industrial automation customer headquartered in Asia to join Avelia, a blockchain book-and-claim platform for SAF.
Honeywell and Granbio to produce carbon neutral SAF
Honeywell and GranBio Technologies announced that they will combine Honeywell’s ethanol to jet technology with GranBio’s cellulosic ethanol AVAP technology to produce carbon neutral SAF from biomass residues at GranBio’s forthcoming U.S. demonstration plant.
Sinopec NZRCC selects Lummus' polypropylene technology for large-scale plant in China
Lummus Technology announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. to license Lummus' Novolen technology for a new 500 ktpa polypropylene plant in Ningbo, China.
Global diesel prices soften as inventories edge upward
Global distillate fuel oil inventories remain much lower than normal for the time of year but there are signs they are no longer falling which has eased some of the upward pressure on prices.
Mexico's Pemex expects to boost refining to 1.16 M bpd this year
Mexican state-owned oil company Pemex expects to process 1.16 million barrels of crude oil per day by the end of 2023, a goal which would represent significant growth from current refining levels.
Borealis and TotalEnergies start-up Baystar JV polyethylene unit
Borealis and TotalEnergies celebrate the start-up of their Baystar joint venture’s new 625,000 metric ton-per-year Borstar polyethylene unit, which more than doubles the current production capacity at Baystar’s site in Pasadena, Texas.
- India launches gasoline blended with 85% ethanol at lower price 6/5
- U.S. oil exports surge, draining domestic crude inventories toward rock bottom 6/5
- Indian companies willing to deepen presence in Venezuela 6/5
- Japan steps up efforts on cooking oil in race for sustainable aviation fuel 6/5
- Indian refiner Nayara says Vadinar refinery turnaround completed 6/5
- South Korea jet fuel exports rebound in May to pre-war levels 6/5
