Economics
Oerlikon orders fall as soft China demand hits polymers
Swiss industrial group OC Oerlikon said its orders fell nearly 14% in the first quarter, as weak filament demand in China led to postponements at its polymer business.
Neste moves forward in its renewable hydrogen project in Porvoo, Finland
In accordance with its ambition to reach carbon neutral production by 2035, Neste is working on a 120 MW electrolyzer project to produce renewable hydrogen at its Porvoo refinery in Finland.
India state retailers gasoil sales rose in April
Indian state fuel retailers' gasoil sales rose in April from the previous month, preliminary sales data showed, indicating a pick up in economic activity.
Jet Aviation partners with FlyORO to bring blended sustainable aviation fuel to Singapore
Jet Aviation announced that it has partnered with FlyORO to offer custom blends of SAF at its Singapore Fixed Base Operation at Seletar Airport.
Exxon Mobil not quitting exploration in Brazil
Exxon Mobil Corp is not giving up on oil exploration in Brazil, the company's country chief Alberto Ferrin said during the Offshore Technology Conference in Houston.
India cuts windfall tax on petroleum crude
India has cut the windfall tax on petroleum crude to ₹4,100 per ton from ₹6,400 per ton.
California moves to phase-out diesel-powered trucks, cut locomotive pollution
California regulators approved new rules requiring all medium- and heavy-duty vehicles sold in the state in 2036 be zero-emission, a day after the California Air Resources Board (CARB) adopted reduced emission regulations for locomotives.
Hybrid-flex cars a great asset for Brazil's decarbonization efforts
Brazil's ability to produce and sell hybrid cars that can run on 100% ethanol is a huge asset for its auto industry as global economies push for decarbonization to tackle climate change.
US government may delay decision on electric vehicles biofuel program
The U.S. government could delay a decision on giving EV manufacturers tradable credits under a renewable fuel scheme, due to concern about legal challenges to the plan.
Business Trends: In uncertain times, how can industry balance energy security, sustainability and affordability?
What happened in 2022 has challenged assumptions about the energy transition.
- 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
