Economics
Emirates expands collaboration with Neste for the supply of SAF in 2024 and 2025
Emirates and Neste have expanded their partnership by solidifying their collaboration for the supply of over 3 million gallons of blended Neste MY Sustainable Aviation Fuel in 2024 and 2025.
Ryanair purchases 500 tons of SAF from OMV
Ryanair has purchased 500 tons of SAF from OMV, the international integrated oil, gas and chemicals company.
China's September fuel oil imports slide to year-to-date low
China's fuel oil imports eased for a third consecutive month in September, hitting the lowest in the year so far, data from the General Administration of Customs showed.
Kuwait's KPC ramps up high-sulfur fuel oil tenders for October
Kuwait Petroleum Corp has ramped up its spot tenders for high-sulfur fuel oil sales this month.
Vietnam seeks Saudi Aramco's investment in petrochemicals, oil refining
Vietnam is seeking investment from oil giant Saudi Aramco in its petrochemical and oil refinery projects, the Southeast Asian country's government said.
Russian railway gasoline exports fell by 80% in first half October
Russia's fuel export ban led to an 80% fall in railway exports of gasoline in the first 15 days of October from the same period in September to some 37,000 tons.
Russia's Lukoil says no talks to sell Bulgarian oil refinery
Litasco, a trading arm of Russia's No.2 oil producer Lukoil, said that it had not received any offer for its refinery in Bulgaria and there were no talks to sell it, amid mounting pressure from Bulgarian authorities.
U.S. oil refiners crank out diesel, further squeezing margins for gasoline
U.S. oil refiners have cranked up output of diesel, heating oil and jet fuel for winter but are struggling to turn a profit because gasoline margins have fallen over 80% since the summer driving season ended.
China and India struggle to curb fossil fuels
China and India are burning record amounts of fossil fuels this year, even as they also install record renewable power generation capacity, highlighting the slow pace and enormous inertia to be overcome in the energy transition.
Technip Energies has complied at all times with applicable sanctions in relation to the Arctic LNG 2 Project
As of February 24, 2022, the date of the invasion of Ukraine, Technip Energies was overseeing the Arctic LNG 2 project in Gydan, northern Russia. The contract, awarded in 2019, covered engineering, equipment procurement and the construction of three LNG trains.
- 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
