Economics
BASF shares rise on report ADNOC exploring Wintershall Dea deal
Shares in chemicals giant BASF rose after a report that ADNOC is exploring an acquisition of the German group's energy business Wintershall Dea.
UN-led talks weigh goal to reduce aviation emissions
A UN-led conference in Dubai is weighing goals to reduce carbon emissions from international aviation through less polluting fuel, as a rebound in traffic thrusts airlines back into the conversation over carbon emissions.
China oil demand growth poised to slow to around 4% in H1 2024
China's oil demand growth likely to ease in H1 2024 to around 4% with resurgent consumption from the aviation and petrochemical sectors offset by weaker diesel usage.
Singapore's middle distillates dip slightly amid surging exports
Singapore's middle distillates inventories fell marginally week-on-week as net exports of both gasoil and jet fuel/kerosene grew.
Scotland's Grangemouth refinery faces closure
PetroIneos is preparing to shut down its Grangemouth oil refinery in Scotland to convert it into a fuels import terminal as it faces growing international competition.
Russia to lift remaining restrictions on diesel fuel exports soon
Russia will soon lift remaining restrictions on diesel fuel exports, Deputy Prime Minister Alexander Novak said on Wednesday speaking in the upper house of the parliament.
China October gasoline exports fall 20% on year, diesel shipments up
China's gasoline exports fell 20% in October from a year earlier, as domestic road travel surged during the Golden Week holiday. Jet fuel demand increased, as well.
Industry Primer: What is OPEC+ and how does it impact oil prices?
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on Nov. 26 to discuss their joint output policy.
TotalEnergies Texas (U.S.) FCC work to continue to late November
A planned overhaul of the gasoline-producing fluidic catalytic cracker at TotalEnergies’ 238,000-bpd Port Arthur, Texas refinery is expected to continue into late November, said people familiar with plant operations.
API Announces the 5th Edition of RP 572 on Pressure Vessels Inspection Practices
The American Petroleum Institute is pleased to announce the release of the 5th edition of Recommended Practice 572, Inspection Practices for Pressure Vessels.
- Methanol Reformer to supply Mitsubishi Gas Chemical with L18 methanol reformer technology 12/10
- Clariant’s CATOFIN™ catalyst innovation boosts performance in Ningxia Runfeng’s PDH operations 12/10
- Major Asian refiners sell 2026 diesel cargoes at higher premiums 12/10
- Hydrogen in aviation offers potential for growth and deeper emissions reductions, new study shows 12/9
- EnerMech awarded pre-commissioning scope from Bechtel for Woodside’s Pluto LNG 2 facility 12/9
- Borouge and Borealis launch Recleo™, a global brand for cost-effective mechanically recycled solutions 12/9
