Economics
Automakers blast U.S. plan to hike fuel efficiency rules
A group representing General Motors, Toyota Motor, Volkswagen and nearly all other major automakers sharply criticized the Biden administration proposal to drastically hike fuel efficiency requirements.
Pemex shuts large CDU at Deer Park, Texas (U.S.) refinery
Pemex shut down the 270,000 barrel-per-day crude distillation unit at its Deer Park, Texas, refinery on Monday because a process line ruptured.
Inditex to use Maersk’s low-carbon fuels for maritime logistics
The world's biggest fashion retailer, Spain's Inditex, has agreed with the freight group Maersk to incorporate alternative fuels on all its inbound routes with the carrier as a way to reduce its global greenhouse gas footprint.
Scientists monitor emissions from aircraft engines running on sustainable fuels
The National Centre for Atmospheric Science has completed tests to quantify the emissions from the combustion of sustainable aviation fuels.
Embraer’s Phenom 300E and Praetor 600 aircraft complete 100% SAF flight tests
Embraer announced it has successfully tested the Phenom 300E and Praetor 600 on 100% neat SAF.
EXMAR hits milestone to equip new Midsize Gas Carriers with ammonia dual-fuel engines
EXMAR LPG BV is going ahead with ammonia as fuel for two Midsize Gas Carriers on order at Hyundai Mipo Dockyard in South Korea.
Singapore September bunker sales steady at 4.26 M tons
Singapore's marine fuel sales, also known as bunker sales, were steady in September month-on-month as vessel calls and container throughput were little changed.
Russia-China oil and gas cooperation in focus as Putin visits Xi
Beijing has rejected Western criticism of its growing partnership with Moscow in light of Russia's conflict in Ukraine and it insists the ties do not flout international norms, and China has the prerogative to collaborate with whichever country it chooses.
BASF started up expanded ethylene oxide and derivatives complex at its Verbund site in Antwerp
In line with its customer-focused corporate strategy, BASF has expanded capacities for ethylene oxide and ethylene oxide derivatives at its Verbund site in Antwerp, Belgium.
Maersk and Hyundai Heavy Industries launch first of 12 methanol powered container ships
The first in a new series of 12 methanol-enabled container ships achieved its launching and undocking milestone.
- 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
