Economics
LNG export capacity from North America is likely to more than double through 2027
EIA expects North America’s LNG export capacity to expand to 24.3 Bcfd from 11.4 Bcfd today as Mexico and Canada place their first LNG export terminals into service and the United States adds to its existing LNG capacity.
Russian diesel and gasoline export ban to be lifted next week
Russian fuel producers have been told by the government to prepare for the scrapping of all remaining restrictions on the export of diesel and gasoline.
Petronas and Dorna Sports to introduce new sustainable fuel for 2024 Moto2 and Moto3 season
Petronas and Dorna Sports today announced the usage of a new sustainable fuel for Moto2 and Moto3 on the opening day of the Petronas Grand Prix of Malaysia 2023.
AirFrance-KLM invests in DG Fuels' U.S. SAF production plant
French-Dutch airline AirFrance-KLM has made a $4.7 MM investment in DG Fuels' SAF production plant in the U.S. state of Louisiana, a step towards its 10% SAF incorporation target for 2030.
Japan, South Korea to set up joint ammonia, hydrogen supply network
Japan and South Korea will establish a joint supply network for carbon-neutral fuels such as ammonia and hydrogen.
Shell to boost U.S. green aviation fuel output
Shell PLC is looking to scale up SAF production in the United States, a country it sees as attractive for development of such low-emission forms of energy
Boeing joins aireg, the German initiative for SAF
Boeing has joined Aviation Initiative for Renewable Energy in Germany, underscoring the company’s commitment to partner towards a more sustainable future for air travel and progress on SAF.
China-Brunei JV inks new deal for Phase 2 petrochemical project
The Implementation Agreement sets out the parameters, outlined jointly by PA and BEDB, which relates to the development, implementation and operations of Hengyi Industries’ Phase 2 Refinery and Petrochemical Complex at the PMB Industrial Park.
Liquid Wind and industry leaders join forces to boost eFuel production, slashing CO2 emissions in challenging sectors like global shipping
Liquid Wind announces a further strengthening of its partnership with pan- European decarbonization leaders to include plans of developing and marketing 10 additional eMethanol facilities in the Nordics by 2027.
Gunvor drops PetroSeraya fuel oil storage in Singapore, Sinopec to take over
Global energy trader Gunvor is exiting fuel oil storage at the PetroSeraya terminal in the Asian oil hub of Singapore, with a Sinopec unit set to take over the space.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
