Economics
China's aviation fuel demand expected to rise 13% in 2024
China's aviation fuel consumption is likely to expand 13.1% this year on a surge in passenger travel, but its crude oil imports may stay flat, according to forecasts by a research arm of state energy giant China National Petroleum Corp.
European airlines secure supplies of low-carbon jet fuel
European airlines are signing SAF deals needed to meet carbon-reduction targets set by the European Union.
U.S. biofuel credit prices hit 3-year low, expected to stay weak, EIA says
U.S. biomass-based diesel and ethanol compliance credit prices have slumped to three-year lows on declining feedstock costs and are set to stay low as renewable diesel output rises.
ACC comments on 45V clean hydrogen production tax credit proposal
The American Chemistry Council issued the following statement after submitting comments to the Internal Revenue Service in response to the Section 45V Clean Hydrogen Production Tax Credit Notice of Proposed Rulemaking.
NETL discovers breakthrough scaling approach for circulating fluidized bed technology
NETL researchers have developed a new scaling methodology for measuring and understanding the performance of key elements used in circulating fluidized bed technologies (CFB) that can speed the development of CFBs for more widespread use.
Indonesia sees 2024 biodiesel consumption rising to 11 MMt
Indonesia's unblended biodiesel consumption in 2024 is seen rising to 11 - 11.4 MMt from 10.7 MMt last year, leading to a possible fall in palm oil exports.
Russia bans gasoline exports for 6 months from March 1
Russia ordered a six-month ban on gasoline exports from March 1 to keep prices stable amid rising demand from consumers and farmers and to allow for maintenance of refineries in the world's second largest oil exporter.
Yokogawa releases OpreX carbon footprint tracer to support decarbonization in the process manufacturing industries
Yokogawa Electric Corporation announced the development and release of OpreX Carbon Footprint Tracer, a solution in the OpreX Transformation lineup that targets the carbon footprint management needs of companies in the process manufacturing industries.
Biomass-based diesel and ethanol compliance credit prices decline 45% from start of year
The price of compliance credits for biomass-based diesel and ethanol has decreased about 45% since the start of the year, when prices were already the lowest in about three years.
MMA production via ACH Process and acrylonitrile-related production discontinued at Hiroshima, Japan plant, withdrawal from certain businesses to follow
The Mitsubishi Chemical Group hereby announces that it has decided to discontinue MMA monomer production by the ACH process as well as the production of acrylonitrile and acrylonitrile derivatives at the Mitsubishi Chemical Hiroshima Plant.
- Essar launches hydrogen power plant at Stanlow refinery (U.K.) 7/16
- Trelleborg partners with Airbus on hydrogen-powered air travel 7/16
- Neste, Mitsubishi Corporation agree on strategic partnership to develop supply chains for renewable chemicals and plastics 7/16
- Vale, Komatsu and Cummins announce collaboration to develop dual-fuel large trucks, powered by ethanol and diesel 7/16
- Mexico–U.S. energy trade value fell in 2023 on lower fuel prices 7/16
- Belarus' Mozyr oil refinery restoring operations after outage due to storm 7/16
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
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- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
