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Economics

Honeywell introduces UOP eFining technology for new class of sustainable aviation fuel

Honeywell today announced its innovative, new, UOP eFining technology, a ready-now solution for producing low-carbon sustainable aviation fuel.

Arcadia selects Topsoe and Sasol technology for first commercial SAF plant in Denmark

Arcadia eFuels, Sasol, and Topsoe, have signed a single license agreement for Arcadia’s Vordingborg eFuels plant.

Chile signs oil import deal with Argentina's YPF

Chilean state oil company National Petroleum Company said it has signed a temporary agreement with Argentine oil firm YPF to import crude through the Trasandino pipeline, a key step for both countries' trade.

Ferrari CEO says e-fuel cars do not compromise carbon goals

Ferrari's plans to continue building internal combustion engine cars powered by so called e-fuels does not conflict with its target to become carbon neutral by 2030, its chief executive said.

More Iranian fuel being smuggled to Pakistan, petroleum dealers say

Petroleum dealers have flagged a surge in the smuggling of Iranian fuel to Pakistan, saying that up to 35% of diesel sold in the South Asian country has arrived illegally from Iran.

Pertamina defers some May gasoline cargoes to June

Indonesian state energy company PT Pertamina has deferred some of its gasoline deliveries for May to June after the high-demand season of Ramadan ended.

State report shows biodiesel blends gain ground in Iowa’s on-road diesel

The availability of biodiesel blends at the pump continues to expand in Iowa, making up 70 percent of reported on-road diesel sales in the state in 2022.

India govt panel proposes ban on diesel 4-wheeler vehicles by 2027

India should ban the use of diesel-powered four-wheeler vehicles by 2027 and switch to electric and gas-fueled vehicles in cities with more than a million people and polluted towns in order to cut emissions, an oil ministry panel is recommending.

India's April diesel sales soar, overall fuel consumption eases

India's fuel consumption eased in April from record highs seen the previous month, official data showed, but sales of diesel scaled a new peak indicating robust industrial activity in the world's third biggest oil consumer.

Agency warns Sweden may miss CO2 targets with biofuel cut

Sweden will struggle to hit its 2030 emissions targets, a government agency warned, after the country's minority coalition cut the biofuel that must be added to diesel and gasoline.