Economics
Kremlin: no plans to raise crude oil supply to offset fuel export ban
Russia has not discussed with the OPEC+ group of leading oil producers a possible crude oil supply increase to compensate for Russia's fuel exports ban.
Shell and MAN Energy Solutions enhance ties with RWGS Technology pilot plant
Shell Global Solutions International B.V. and MAN Energy Solutions SE partnered in 2021 to develop Reverse Water Gas Shift technology.
BASF ECMS teams up with ZeroAvia to advance HT-PEM Fuel Cells for hydrogen aviation
BASF Environmental Catalyst and Metal Solutions and ZeroAvia have signed an agreement for the supply of membrane electrode assemblies and to collaborate on research on next generation MEAs for ZeroAvia’s world-leading high temperature proton exchange membrane fuel cell stacks for aviation.
Japan's Mitsubishi considers opening fuel ammonia import hub
Japanese trading house Mitsubishi is considering the conversion of the Namikata terminal near Hiroshima into a fuel ammonia import hub.
Discovering Honeywell's pathways to sustainability: Highlights from Global Sustainability Week
To highlight their pathways to sustainability, Honeywell’s Global Sustainability Week took place from September 11–15 in Chicago, Illinois and Charlotte, North Carolina. The event took attendees to Chicago to tour their Riverside and Des Plaines labs, focusing on carbon capture, renewable fuels, hydrogen (H2) and plastics circularity.
bp's Peacock Project secures exclusive power deal with ExxonMobil-SABIC JV for sustainable materials production
bp has started construction on its 187MWdc Peacock Solar project, located 10 miles north of Corpus Christi in San Patricio County, Texas, helping support the global transition to lower carbon energy.
Shipping industry lacks clarity on future clean fuels on path towards decarbonization
The shipping industry lacks clarity on future clean fuels and regulatory systems which is holding back companies from replacing ageing vessels amid pressure to decarbonize faster.
Neste expands its renewable fuels supply capabilities in Southern California (U.S.)
Neste has expanded its capability to supply renewable fuels to customers on the West Coast of the United States in cooperation with Vopak, a leading energy industry infrastructure provider.
Técnicas Reunidas and Sinopec Engineering Group sign a Strategic Alliance Cooperation Agreement
Técnicas Reunidas, S.A. and Sinopec Engineering Group Co. Ltd. have signed in Beijing a Strategic Alliance Cooperation Agreement for the joint execution of Refining, Petrochemicals, Natural Gas and Transition Projects worldwide.
How serious is Russia's fuel export ban and who will be hit?
Russia said it had temporarily banned gasoline and diesel exports to all but four ex-Soviet states in response to domestic shortages, a move that will disrupt global trade that has already had to adjust to Western sanctions on Russian fuel exports.
- 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
