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Economics

Nigeria's Dangote refinery says it will suspend fuel sales in local currency

Nigeria's huge Dangote petroleum refinery announced on Wednesday that it was temporarily suspending fuel sales in the local naira currency to avoid a mismatch between sales in naira and purchases of crude in dollars.

Ukraine, Russia energy assets in focus after Trump-Putin call

Russia and Ukraine accused each other on Wednesday of launching air attacks that sparked fires and damaged infrastructure just hours after their leaders agreed to a limited ceasefire to halt attacks on energy infrastructure.

New insulation board containing expandable polystyrene-containing recycled material used in pilot project by ABG, BASF and Sto

In a recently completed pilot project, BASF, together with the housing society ABG FRANKFURT HOLDING and the manufacturer of external thermal insulation composite systems Sto, successfully used an insulation board based on expandable polystyrene (EPS) containing recycled material.

Venezuela's PDVSA to keep producing, exporting and processing oil previously handled by Chevron

Venezuela's state-run PDVSA has put together three operational scenarios as part of a plan to continue producing and exporting oil at its largest JV with Chevron once a license for the U.S. major to operate in the country expires next month.

Digital Exclusive: The implementation and automation of an alarm management system in a complex control environment at KNPC’s Mina Al-Ahmadi refinery

Kuwait National Petroleum Co.: Maqbool, A.  |  Al-Mansour, S.  |  Joshi, M. K.

With the recent advancements in technology and availability of control support applications, the role of an alarm management system (ALMS) has taken a center stage to fulfill the requirements of safe and enhanced operations. This article details how refinery personnel implemented an ALMS at KNPC's Mina Al-Ahmadi refinery in Kuwait, especially with the facility's complex control rooms and multiple distributed control systems.

Asia's SAF ambitions exceed demand, heralding exports and potentially lowering prices

Asia's ability to supply sustainable aviation fuel will outpace regional demand this year and next as more production comes online, increasing exports and potentially lowering prices for the fuel

China made rare draw on crude oil inventories amid weak imports

China dipped slightly into crude stockpiles in the first two months of the year as refiners processed more oil and imports remained weak.

U.S., Vietnam firms sign deals on energy and minerals

Vietnamese and Americans firms have signed a series of deals on energy and minerals during a visit to the United States by Vietnam's trade minister.

Canada could restrict its oil exports to U.S. if Trump trade war escalates

Canada could impose non-tariff measures such as restricting its oil exports to the United States or levying export duties on products if a trade dispute with the U.S. escalates further.

U.S. propane exports have increased every year since 2007

U.S. propane exports averaged a record 1.8 MMbpd in 2024, the most since the U.S. Energy Information Administration (EIA) began collecting this data in 1973. U.S. propane exports increased for each of the last 17 years, with growth driven by higher demand in East Asia, mainly China, and a widening propane price differential between U.S. and global benchmarks.

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