Economics
Fortescue conducts world's first ammonia bunker trial in Singapore
Fortescue has conducted the world's first ammonia marine bunker operation in the port of Singapore, the city-state's Maritime and Port Authority and the Australian mining company said.
Sanctioned tanker NS Century reaches China port to discharge Russian oil
The oil tanker NS Century, which is under sanction by the U.S., arrived at the Chinese port of Qingdao late to discharge its cargo of Russian crude oil, LSEG shipping data showed.
First carbon capture pilot rig delivered by Compact Membrane Systems
Compact Membrane Systems announced that it has delivered a carbon capture pilot rig to OMV, a leading petrochemical company in Austria.
Vietnam's Dung Quat refinery: will keep selling products during maintenance period
Vietnam's Binh Son Refining and Petrochemical will continue selling refined petroleum products from its Dung Quat refinery during a 50-day maintenance period at the facility.
Ukrainian drones attack Russian oil refinery in Kaluga region
Ukraine attacked a small oil refinery in Russia's Kaluga region with drones, causing damage in an operation that was conducted by the GUR military spy agency.
Brazil's 2024 ethanol exports seen strong, helped by corn ethanol
Brazil has the potential to maintain exports of ethanol at strong levels in 2024, after last year posting the highest volumes since 2020 due to an increase in corn ethanol supply.
Successful demonstration in Dunkirk of the CO2 capture DMX process
Operational since April 2023 on ArcelorMittal’s Dunkirk site, the industrial pilot for the capture of CO2 present in blast furnace gases has delivered promising results.
U.S. Justice Department is also probing ADM's ethanol trading desk
The U.S. Justice Department is investigating Archer-Daniels-Midland's ethanol trading operation as part of a broader probe of the commodities giant's accounting practices.
LyondellBasell sees strong chemical market in North America, while Europe and China lag
LyondellBasell said it was seeing a better market in North America for its chemicals so far into 2024 due to low ethane feedstock costs and better gasoline spreads, while the markets in Europe and China continue to be weaker.
Sasol and Topsoe launch Zaffra: A new venture to help decarbonize aviation
Sasol, a global chemicals and energy company, and Topsoe, a leader in carbon emission reduction technologies, announced the successful launch of their joint venture, Zaffra.
- 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
