Economics
Lummus and Citroniq sign letter of intent for green polypropylene projects
Lummus Technology and Citroniq Chemicals announced that the two companies have signed a letter of intent for the development of Citroniq's green polypropylene projects in North America.
HIF Global receives environmental permit authorizing, construction and operation at first U.S. eFuels facility
HIF Global announced receipt of the Texas Commission on Environmental Quality Air Quality Permit authorizing the construction and operation of the HIF Matagorda eFuels facility in Matagorda County, Texas.
Global refinery margins lose steam as Russian oil finds new outlets
Global diesel margins have slumped by about half since February, dragging on refiners' profits, as Russian exports continue despite sanctions, helping output from China and India reach all-time highs in March.
Dow partners with Linde for its net-zero carbon emissions ethylene and derivatives complex in Canada
Dow announced today it has selected Linde as its industrial gas partner for the supply of clean hydrogen and nitrogen for its proposed net-zero carbon emissions integrated ethylene cracker and derivatives site in Fort Saskatchewan, Alberta, Canada.
Delta, Shell Aviation SAF agreement to fuel LAX hub and accelerate aviation decarbonization
Delta will purchase up to 10 MMg of neat SAF from Shell Aviation over a two-year period for use at its hub at Los Angeles International Airport.
Countdown to 26th World Energy Congress begins with release of Global Energy Leaders Survey
The countdown to the 26th World Energy Congress, to be held in Rotterdam from 22-25 April 2024, has begun as the World Energy Council launches event registration and simultaneously releases the results of its latest Pulse Survey.
Turkey top destination for Russian diesel after EU embargo
Turkey remains the top destination for Russian diesel exports after an embargo on shipments to Europe forced traders to divert supplies to Asia, Africa, the Middle East and ship-to-ship loadings.
U.S. diesel stocks tighten but fear of shortage eases
U.S. inventories of distillate fuel oils such as diesel and heating oil have been depleting since the start of March, reversing some of the accumulation over the previous five months, mostly because of an acceleration in exports.
China's low-sulfur marine fuel exports up 38% in March; fuel oil imports hit decade-high
China's exports of low-sulfur marine fuels rose 38% in March from the previous year, while monthly fuel oil imports soared to a decade-high.
China's big refineries crowd out teapots for discounted Russian oil
Chinese state oil giants and major private refiners are sweeping up more Russian crude, supporting prices and forcing smaller independents to seek out cheap alternatives such as Iranian oil.
- bp's Whiting refinery union workers reject contract extension 2/2
- China's CNPC set to restart Dalian refinery to process Russian oil 2/2
- Dow announces 2029 startup of Phase 1 of its $7.5-B Path2Zero ethylene project 2/2
- ExxonMobil, Chevron see glimmer of Venezuela's potential, especially in refining its crude 2/2
- Nigeria's Dangote refinery expands gas deals with NNPC to secure fuel for expansion programs 2/2
- Carlyle in talks with potential UAE partners on Lukoil assets 2/2
