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Economics

John Deere invests in ClearFlame engine technologies for ethanol-powered clean engine development

John Deere announces it has made an equity investment in ClearFlame Engine Technologies, a growing start-up dedicated to the development of clean engine technology using ethanol fuel.

SATORP completes MENA region’s first conversion of used cooking oil into ISCC+ certified SAF

SATORP, platform jointly owned by Aramco and TotalEnergies, has for the first time in the region successfully converted used cooking oil through coprocessing into ISCC+ certified SAF.

U.S. airlines back ethanol industry position on aviation fuel credit

Major U.S. airlines and aviation companies joined ethanol companies to send a letter to the Biden administration backing a regulatory change that would make it easier for SAF made from corn-based ethanol to qualify for federal subsidies.

Ukraine says oil refinery hit, power lines damaged in Russian drone attack

A Russian drone attack set ablaze the Kremenchuk oil refinery in central Ukraine and knocked out power supply in three villages, while falling debris from downed drones damaged railway power lines in a nearby region.

Uganda plans to hand over exclusive petroleum supply deal to Vitol

Uganda plans to hand over exclusive rights for supply of all petroleum products to a unit of global energy trader Vitol and end a system that sources the oil products through neighboring Kenya.

Lummus announces commercial availability of SAP technology

Lummus Technology announced the commercial availability of its Saplene super absorbent polymer technology.

C2X takes important step towards large scale green methanol production in Spain

C2X has taken an important step towards the development of their second production site.

Farnborough Airport sells its millionth liter of SAF

Farnborough Airport has announced the sale of its millionth liter of SAF, further highlighting its aim to be a sustainability showcase for airports around the world.

Argentina drivers hunt for fuel 'like water in the desert' amid shortage

Argentine drivers ran the gauntlet to find scarce supplies of petrol to fill their tanks amid the most acute fuel shortage in years, which has left many filling stations out of supply and long lines at any pumps still operating.

Kuwait's October fuel oil exports drop by a third from record in September

Kuwait's October fuel oil exports tumbled more than 30% after hitting a record high in September as some supply was diverted to domestic power generation.