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Economics

Russia considers lifting gasoline export ban

Russia is considering lifting an export ban on some grades of gasoline.

Kazakhstan ready to transport more Russian gas, oil

Kazakhstan is ready to transport more Russian oil and gas, said President Kassym-Jomart Tokayev, a day before President Vladimir Putin was set to visit his country.

Global fossil fuel production plans far exceed climate targets, U.N. says

Global fossil fuel production in 2030 is set to be more than double the levels that are deemed consistent with meeting climate goals set under the 2015 Paris climate agreement, the United Nations and researchers said.

thyssenkrupp Uhde and Proman embark on highly efficient world-scale ammonia plant

thyssenkrupp Uhde has been engaged by Proman to realize a 2200 tpd ammonia plant in Topolo-bampo, Sinaloa, Mexico.

Aspen Technology partners with OMV Group to accelerate progress toward net zero targets

Aspen Technology, Inc. announced a newly expanded relationship with OMV Group to help accelerate the international integrated oil and gas company's energy transition initiatives and its path to achieving net zero targets.

OMV in talks with ADNOC on chemicals business merger

OMV is actively in negotiations with the state-owned Abu Dhabi National Oil Company about a possible merger of their chemicals business.

Nigeria's state oil firm launches new 'Nembe' grade of crude

Nigeria's state oil firm NNPC Ltd said it had launched a new grade of crude called Nembe, which is particularly suited to the European market.

Chevron Lummus Global commissions ISOTERRA unit at Chevron's El Segundo Refinery (U.S.)

Chevron Lummus Global LLC announced the completion and successful startup of an ISOTERRA unit as part of Chevron's renewable fuel conversion project at their El Segundo Refinery in Southern California.

Eni, Saipem join forces to develop new bio-refineries

Italian energy group Eni and energy services company Saipem have signed a deal to support the transformation of traditional refineries and the development of new Eni's bio-refineries.

First Emirates flights cleared for take-off with SAF from Dubai

The first Emirates flights operating with SAF provided by Shell Aviation have taken off from Dubai International Airport.