Economics
Reliance courts Indian diesel market with cheaper supply
India's Reliance Industries Ltd has turned its sights on the domestic market, offering a high-performance diesel at a lower price than fuel sold by state-owned retailers, the operator of the world's biggest refining complex said.
Summit Next Gen to use Honeywell Ethanol-to-Jet Fuel technology for production of SAF
Honeywell today announced that Summit Next Gen will create a sustainable aviation fuel production platform using Honeywell Ethanol-to-Jet Fuel processing technology.
Venezuela's PDVSA to ramp up refining by 20% in 2023
Venezuelan state energy company PDVSA's new management expects to boost the country's oil production to 1.17 million bpd by year end while increasing refining and exploration activities, an internal planning document showed.
Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy
Technip Energies is pleased to announce that a joint venture, led by Technip Energies in partnership with Consolidated Contractors Company, has won a major Engineering, Procurement, Construction and Commissioning contract by QatarEnergy for the onshore facilities of the North Field South Project.
ORLEN PoĊudnie plant makes propylene glycol production more sustainable based on BASF technology
ORLEN Południe has recently concluded the first year of operation of its BioPG plant, converting glycerol, a by-product of biodiesel production, into renewable propylene glycol.
Samsung Engineering and OMV sign MoU to jointly develop sustainable projects based on modularization
Samsung Engineering and OMV announced the signing of an MoU to cooperate on projects from the early development stage.
US pipeline operator ONEOK moves into oil, products with $18.8-B Magellan deal
ONEOK Inc agreed to buy U.S. pipeline operator Magellan Midstream Partners in a cash-and-stock deal valued at about $18.8 B including debt, bringing natural gas-focused ONEOK into transporting refined products and oil.
Singapore April bunker sales hit three-month high on better prices
Sales of marine fuel, also known as bunker fuel, hit three-month highs in the world's biggest refueling hub Singapore in April as prices were more competitive than regional ports.
Turkey doubles Urals oil imports in early May vs early April
Turkey doubled Russian Urals oil imports in the first half of May versus the same period of April as the country profits from cheap crude that is sanctioned by the West.
Stamicarbon awarded a 450-tpd green ammonia plant in the U.S.
Stamicarbon has signed a license agreement with its customer in the USA to develop a basic engineering design package for a 450-tpd green ammonia plant.
- KBR to provide technology for mega-scale ammonia plant in Angola 11/25
- Indian refiners' October crude processing up over 3% y/y 11/25
- Air Liquide strengthens partnership with TotalEnergies through renewable H2 project in France 11/25
- Hexagon collaborates with Microsoft to enhance industrial operations 11/25
- China issues extra crude oil import quota to teapot refineries 11/25
- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
