Economics
Brazil inflation seen staying high in March on rising gasoline costs
Brazil's inflation likely stayed high in March on rising gasoline bills, reigniting cost of living problems in the country's stagnant economy and probably stoking more disagreement over policy.
EU draws criticism as it proposes green label for some aviation investments
The European Commission has proposed labelling certain investments in aviation as green, after a months-long row over whether to add the sector to the EU's list of sustainable investments.
Western curbs on Russian oil products redraw global shipping map
Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictions on Russian cargoes have reshuffled global energy shipping patterns.
Global diesel prices fall as economic slowdown intensifies
Global prices for middle distillates such as gas oil and diesel are falling as the economy slows, more refineries come onstream, and exports from Russia are re-routed and replaced by fuel from the Middle East.
KHIMOD and Elyse Energy team up to produce SAF through collaborative project AVEBIO
AVEBIO aims at demonstrating the production of sustainable e-fuels for air transport based on the yet-to-valorize CO2 of a biofuel production unit.
Indonesia must jump ethanol feedstock hurdle to repeat biodiesel success
Indonesia, the world's biggest palm oil biodiesel user, is now working to introduce bioethanol mandates for gasoline to further cut fuel imports and carbon emissions, but it will first have to secure more bio feedstock and solve thorny technical problems.
Singapore imports of Russian naphtha surge as EU ban shifts flows
Singapore's imports of Russian naphtha nearly tripled in the first quarter of 2023, government data showed, after the European Union banned oil products imports from Russia.
Neste, ITOCHU and Fuji Oil supply sustainable aviation fuel to All Nippon Airways and Japan Airlines
Neste, ITOCHU Corporation and Fuji Oil Company collaborated to supply sustainable aviation fuel, which was locally-blended with conventional jet fuel, to the Japanese market.
LPG-fueled LPG carrier "Captain Markos" delivered
Kawasaki Heavy Industries, Ltd. announced it has delivered the 84,000 m3 capacity LPG carrier CAPTAIN MARKOS. This is the 70th LPG carrier built by the company.
Brooge Energy announces completion of technical study for green ammonia plant
Brooge Energy Ltd announced that the technical study of its green hydrogen and green ammonia plant conducted by thyssenkrupp Uhde has been completed and delivered.
- 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