Economics
Mexico's presidential front-runner aims to cut oil refinery waste
Mexico's presidential front-runner Claudia Sheinbaum plans to invest in state-owned Pemex' oil refineries to reduce the huge volumes of low-value fuels produced and instead boost the output of motor fuels.
Emissions model for SAF will be ready 'in the very near future', says EPA administrator
Revisions to a key emissions model for SAF feedstocks will be ready "in the very near future," said U.S. Environmental Protection Agency Administrator Michael Regan in Philadelphia.
Chevron invests in carbon capture and removal technology company, ION Clean Energy
Chevron New Energies, a division of Chevron U.S.A. Inc., announced a lead investment in ION Clean Energy, a Boulder-based technology company that provides post-combustion point-source capture technology through its third-generation ICE-31 liquid amine system. ION raised $45 MM in Series A financing led by CNE.
Singapore fuel oil stockpiles at four-week low as imports drop, exports rise
Singapore's onshore fuel oil stockpiles fell to a four-week low as imports dropped and exports rose.
Henkel closes acquisition of specialized supplier for protective coating and sealing solutions
Henkel has successfully completed the acquisition of the U.S.-based Seal for Life Industries LLC from Arsenal Capital Partners.
thyssenkrupp Uhde and Genesis Fertilizers announce contract for conceptual design study for reduced-emission fertilizer plant in Canada
thyssenkrupp Uhde and Genesis Fertilizers Limited Partnership have signed a Pre-FEED contract to conceptually develop an integrated fertilizer complex to be located at Belle Plaine, Saskatchewan in Canada.
NextChem and Vallourec to merge green ammonia tech with hydrogen storage for "Power-To-X" projects
Maire announces that NextChem, through its subsidiary NextChem Tech, and Vallourec, agreed to cooperate on the integration of NextChem’s proprietary green ammonia technology with Vallourec’s Delphy hydrogen storage technology and its subsequent commercialization.
Oil India plans to start Numaligarh refinery by Dec 2025, export refined fuels
Oil India plans to start its 180,000 bpd Numaligarh refinery in the northeastern state of Assam by December 2025, its chairman Ranjit Rath said.
Taiwan's Formosa Petrochemical reopens Mailiao refinery port, restarts a crude unit after quake
Taiwan's Formosa Petrochemical restarted operations at the port at its Mailiao oil refinery after closing it as a precautionary measure following a powerful earthquake.
Turkey, Brazil remain main importers of Russian seaborne diesel
Turkey and Brazil remain the main importers of Russian seaborne diesel and gasoil since the European Union sanctions banned the import of Russian refined products.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
