Economics
China refiner Shenghong in preliminary deal with Saudi Aramco for equity investment
China's privately controlled Jiangsu Eastern Shenghong Co Ltd said it had entered a preliminary deal with Saudi Aramco for the Middle Eastern oil major to become a minority stakeholder in its refining and petrochemical unit.
IATA head says price of sustainable fuel likely to remain high
SAF is likely to stay more expensive than kerosene even when large-scale production kicks in and the cost won't deter airlines from their carbon emission targets.
Samsung Engineering receives FEED contract for Saudi Petrochemical Project
Samsung Engineering, a world leading engineering solutions and project management company, announced today that it received the Notice of Award for the FEED contract of a PDH, PP, UTOS plant from Alujain National Industrial Co. in Saudi Arabia.
Taiwan's CPC Corp seeks second jet fuel cargo this year
Taiwan's CPC Corp is seeking to procure a jet fuel cargo for delivery between mid-October and early November via a spot tender, a second such purchase this year.
Square Robot revolutionizes robotic tank inspections with EPRI’s Incubatenergy Labs
Square Robot is celebrating the successful launch of a series of in-service storage tank inspections in partnership with the Tennessee Valley Authority through the Electric Research Power Institute’s Incubatenergy Labs Cohort program.
Kuwait's oil exports shift from crude oil to petroleum products
Kuwait’s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in the .recently updated Country Analysis Brief: Kuwait
Indonesia's Pertamina aims to finish revamping TPPI petrochemical plant in Q4
Indonesia's Kilang Pertamina Internasional, the refinery unit of state energy firm Pertamina, aims to finish revamping its petrochemical plant Trans-Pacific Petrochemical Indotama in the fourth quarter of this year.
DHL and Sasol join hydrogen firm HH2E on sustainable jet fuel project
German logistics giant DHL is teaming up with energy firm HH2E and South African petrochemicals firm Sasol on the expansion of SAF production in Germany.
Indorama Ventures achieves 100 billion PET bottles recycling milestone
Indorama Ventures Public Company Limited announces that it has recycled 100 billion post-consumer PET bottles since February 2011.
Worley awarded FEED for QatarEnergy LNG’s largest CO2 sequestration project
Worley has been selected to develop the Front-End Engineering Design for QatarEnergy LNG’s CO2 sequestration project in Ras Laffan, Qatar.
- 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
