Economics
Maersk's methanol ship makes maiden refueling in Rotterdam
The port of Rotterdam has for the first time refueled a methanol-powered container ship as the shipping industry turns to the technology to cut its emissions.
Eni, Repsol to upgrade oil-for-debt deal with Venezuela
European oil majors Eni and Repsol plan to expand an oil-for-debt deal with Venezuela under U.S. approval, aiming to supply refined products to state firm PDVSA and boost oil deliveries to Europe, three people close to the matter said.
Airswift acquires Energy Resourcing from Worley to enhance global recruitment and contractor management offering
Airswift, the global workforce solutions provider, announces its acquisition of Energy Resourcing, Worley’s global recruitment and contractor management business.
Polymers as carbon storage: Neste, LyondellBasell, Biofibre and Naftex bring bio-based polymers to the construction sector
Neste, LyondellBasell, Biofibre and Naftex have created a value chain to combine bio-based polymers with natural fiber for the manufacturing of construction elements.
Seeq announces partnership with Databricks to accelerate IT-OT data convergence across the enterprise
Seeq Corporation announced a partnership with Databricks that brings a native integration between each company’s platform to simplify access to high quality asset and process data, unify IT and OT data processing and accelerate AI/ML adoption across the industrial manufacturing, pharmaceuticals, chemicals and energy sectors.
Nigeria seeks to restart four state oil refineries by end 2024
Nigeria expects its four oil refineries to be operational by the end of next year, its new oil minister said, with the southern Port Harcourt plant seen starting as early as December.
China's Sinopec plans steady refinery output on fuel recovery
Chinese refining giant Sinopec Corp plans to maintain steady refinery output during the second half of 2023 as domestic fuel demand recovers, after reporting a 20% decline in interim profit because of lower crude oil prices.
EU infrastructure fund eyes African clean jet fuel projects
The European Union is scouting Africa to back clean jet fuel projects under its Global Gateway infrastructure fund, an EU official said, ahead of an anticipated boom in demand for environmentally sustainable air travel.
DNV releases guidelines to validate low carbon and renewable hydrogen and ammonia attribute claims
DNV has announced the release of its new service specification, DNV-SE-0654, which delineates DNV's procedures for verifying claims made by companies about the production and distribution of low-carbon hydrogen and ammonia.
Sinopec not interested in acquiring Shell's Singapore assets
Asia's top refiner, Sinopec Corp, is not interested in acquiring Shell's refinery or petrochemical plant in Singapore although it is keen on participating in a shale gas project in Saudi Arabia.
- 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
