Asia/Pacific
Venezuela's PDVSA authorizes first two oil cargoes to India after sanctions relief
Venezuelan state oil company PDVSA has assigned loading windows in December to two vessels bound for India under crude spot deals with Italy's ENI and U.S.-based Chevron, an internal company document showed.
Global airlines body urges oil sector to invest more in sustainable fuel
The oil and gas sector and alternative fuel producers need to beef up efforts to produce greener aviation fuel to help airlines cut carbon emissions.
Lummus and Toshiba announce partnership for advanced carbon capture solutions
Lummus Technology and Toshiba Energy Systems & Solutions Corporation announced a master collaboration agreement to jointly pursue carbon capture projects.
Two new petrochemical plants are coming online in India
Two multi-billion-dollar petrochemical plants are coming online in India in coming months at a time of weaker-than-expected demand, setting the stage for fierce price competition domestically and internationally.
Vietjet and Novus Aviation Capital sign MoUs for aircraft financing, leasing, and SAF development
Vietjet and Novus Aviation Capital have signed Memorandum of Understandings to explore the establishment of an aircraft financing and leasing vehicle as well as collaborating on the supply of SAF in Vietnam alongside SAF One, Novus’s established and dedicated SAF platform.
India resumes imports of Venezuelan oil, Reliance seeks direct deal
Indian refiners have resumed Venezuelan oil purchases through intermediaries, with Reliance set to meet executives from state firm PDVSA next week to discuss direct sales following the easing of U.S. sanctions on the South American country.
Cosmo Oil and Yokogawa start exploring possibilities for refinery digitalization
Cosmo Oil Co., Ltd. and Yokogawa Electric Corporation announce that Cosmo Oil and the Yokogawa Electric subsidiaries Yokogawa Solution Service Corporation and Yokogawa Digital Corporation have joined forces to promote the digitalization of operations at refineries owned by Cosmo Oil.
WTO agrees dispute panel to review EU import duties on Indonesian biodiesel
World Trade Organization's dispute settlement body has agreed to establish a panel to review countervailing duties imposed by the European Union on imports of biodiesel from Indonesia.
Port Hedland, WA, boosts LNG production and bunkering, aiming for IMO 2050 'zero-emissions' with onboard hydrogen
Pilbara Clean Fuels Pty Ltd is progressing a development concept for a new, mid-scale, low carbon footprint LNG plant to be located at Port Hedland in Western Australia, the world’s largest iron ore export port.
Yokogawa and FPT Software ink global partnership to advance DX solution offerings
Yokogawa Electric Corporation and FPT Software Company Limited announce a global supplier framework agreement for the development and deployment of digital transformation services to strengthen operational technology-information technology convergence in the industrial sector.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
