Economics
Fives announces the acquisition of ProSim
Fives, an international leader in industrial engineering, strengthens its capabilities with the acquisition of ProSim, an expert in process simulation and optimization.
Shipping group Maersk sets up green methanol company
Maersk has teamed up with its majority owner to form a new company to produce "green methanol" as it held a naming ceremony for the world's first container vessel powered by the low-carbon fuel.
Italy's Eni and LG Chem team up for biorefinery in South Korea
The sustainable mobility unit of Italy's Eni and petrochemicals maker LG Chem have teamed up to explore the potential development of a biorefinery in South Korea.
Volkswagen fight against Italian dieselgate fine to be decided by Italian court
Volkswagen's attempt to avoid being penalized twice for the same offence in the dieselgate scandal will depend on whether the wrongdoing is identical or just similar.
Singapore August bunker sales dip 5.8% from July
Singapore's marine fuel sales, also known as bunker sales, retreated in August as vessel calls and container throughput fell from July.
OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'
The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.
Cargill to boost biodiesel production through acquisition of Granol's soy crushers in Brazil
The U.S. company last month announced a binding offer to buy the soy crushing plants as it looks to boost biodiesel production and expand operations in the world's biggest soy producer.
Global diesel shortage boosts prices
Global distillate fuel oil inventories remain much lower than normal for the time of year which is putting strong upward pressure on fuel prices.
Nigeria awards 42 contracts under delayed flaring program
Nigeria has awarded contracts to 42 companies under a program to harness gas which is released as a byproduct of oil production.
EU lawmakers approve binding green fuel targets for aviation
The European Parliament adopted a deal to set binding targets for airlines in Europe to increase their use of SAF.
- Rompetrol completes DCU project at Petromidia refinery 7/17
- U.S. SAF production forecast to eclipse 50,000 bpd by 2026 7/17
- Pertamina expects Balikpapan's CDU IV to resume later this month 7/17
- Exxon shut Joliet, Illinois, refinery after power outage 7/17
- ExxonMobil introduces Enable™ 1617 performance polyethylene 7/17
- Tribunal rejects TC Energy's $15-B claim for Keystone XL 7/17
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
