Economics
Valero to run its 14 refineries at up to 96.5% capacity in Q4
Valero Energy plans to operate its 14 oil refineries in North America and Britain at up to 96.5% of their combined total throughput capacity of 3.2 million bpd in the fourth quarter.
Russia's September fuel oil and VGO exports to India hit record high
Russia has sent record volumes of sea-borne fuel oil and vacuum gasoil to India in September, replacing some crude oil volumes.
Indonesia conducts first commercial flight using palm oil-blended jet fuel
Indonesia flew its first commercial flight using palm oil-blended jet fuel, as the world's biggest producer of the commodity pushes for wider use of biofuels to cut fuel imports.
Russian wholesale gasoline prices stable, diesel up
Russian wholesale gasoline prices were steady, while diesel prices edged up amid government efforts to ensure stability on the domestic fuel market.
Honeywell offers renewable fuels technologies to refiners in Asia Pacific
Honeywell announced the availability of technologies and digital solutions to enable customers in Asia Pacific to produce renewable fuels from multiple sources of renewable feedstocks.
Launch of industry-first methanol powered sustainable shipping fund
ProMarine AG announces the launch of an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers led by Proman and Stena Bulk AB.
LyondellBasell beats profit estimates on strong demand for oxyfuels
Chemical maker LyondellBasell Industries on Friday beat third-quarter profit estimates, boosted by strong demand for oxyfuels during the summer season when more people take road trips.
SICK and Endress+Hauser want to join forces in process automation
German sensor company SICK and Swiss tech specialist Endress+Hauser are pursuing a strategic partnership in SICK's process automation sector to enhance customer support in key areas like energy efficiency, resource conservation, and environmental protection and have signed a MoU to bolster their collaboration.
Kuwait's KIPIC in talks with potential partners on petrochemicals complex
State-owned Kuwait Integrated Petroleum Industries Company is in early talks with companies to partner on an integrated petrochemicals complex worth up to $9.70 B.
LyondellBasell acquires 25% of Cyclyx joint venture, joining Agilyx and ExxonMobil to accelerate plastic waste recycling
Cyclyx International, a joint venture between Agilyx and ExxonMobil, announces LyondellBasell has acquired 25% equity ownership of the JV. LyondellBasell joining Cyclyx, further accelerates innovation and development of the necessary infrastructure for a nationwide circular economy for plastics.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
