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Economics

Japan, South Korea to set up joint ammonia, hydrogen supply network

Japan and South Korea will establish a joint supply network for carbon-neutral fuels such as ammonia and hydrogen.

Shell to boost U.S. green aviation fuel output

Shell PLC is looking to scale up SAF production in the United States, a country it sees as attractive for development of such low-emission forms of energy

Boeing joins aireg, the German initiative for SAF

Boeing has joined Aviation Initiative for Renewable Energy in Germany, underscoring the company’s commitment to partner towards a more sustainable future for air travel and progress on SAF.

China-Brunei JV inks new deal for Phase 2 petrochemical project

The Implementation Agreement sets out the parameters, outlined jointly by PA and BEDB, which relates to the development, implementation and operations of Hengyi Industries’ Phase 2 Refinery and Petrochemical Complex at the PMB Industrial Park.

Liquid Wind and industry leaders join forces to boost eFuel production, slashing CO2 emissions in challenging sectors like global shipping

Liquid Wind announces a further strengthening of its partnership with pan- European decarbonization leaders to include plans of developing and marketing 10 additional eMethanol facilities in the Nordics by 2027.

Gunvor drops PetroSeraya fuel oil storage in Singapore, Sinopec to take over

Global energy trader Gunvor is exiting fuel oil storage at the PetroSeraya terminal in the Asian oil hub of Singapore, with a Sinopec unit set to take over the space.

South Korea's GS Caltex offers December spot gasoil

South Korea's GS Caltex has started December-loading spot gasoil discussions via a sales tender that closes, with volumes nearly similar to those loading in November.

Lummus and Citroniq announce licensing and engineering agreements for green polypropylene plants

Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Citroniq Chemicals announced that the two companies have signed licensing and engineering agreements for green polypropylene plants in the U.S.

thyssenkrupp Uhde and DL E&C sign contract with Copenhagen Infrastructure Partners for Murchison Hydrogen Renewables Project Pre-FEED

thyssenkrupp Uhde, in partnership with DL E&C and its affiliate, has been selected by Copenhagen Infrastructure Partners P/S on behalf of Murchison Hydrogen Renewables Pty Ltd, to deliver a pre-FEED to support the development of the giga-watt-scale Murchison green ammonia project in Kalbarri, Western Australia.

Petrobras technology enables Riograndense refinery to process 100% renewable feedstocks

Brazil's Petrobras has for the first time processed 100% soybean oil in an industrial refining unit.