Economics
Spain's Cepsa, Apical begin work on Southern Europe's biggest biofuels plant
Spain's Cepsa and Apical Group's Bio-Oils unit began building what will be Southern Europe's largest biofuels plant able to produce 500,000 metric tons of renewable diesel and SAF per year, the companies said.
Motiva's Texas (U.S.) coker to restart in next two weeks, say sources
Motiva Enterprises plans to restart the large coker at its 626,000-bpd Port Arthur, Texas, refinery within the next two weeks.
Yemen's Houthis target fuel tanker Torm Thor in Gulf of Aden
Yemen's Houthis targeted MV Torm Thor, a U.S.-flagged, owned, and operated oil tanker, in the Gulf of Aden, the Iran-aligned group's military spokesman Yahya Sarea said, as the militants continue to attack shipping lanes in solidarity with Palestinians in Gaza.
Libya's PFG threatens to close oil facilities to press salary demands
Libya's Petroleum Facilities Guards threatened to close all oil and gas facilities in the country's western region after the end of a 10-day deadline to authorities to meet their demands, including a 67% salary rise.
Yokogawa invests in and signs memorandum on business partnership with Tsubame BHB
Yokogawa Electric Corporation announced that it has invested in and signed a memorandum on a business partnership with Tsubame BHB Co., Ltd. which has developed an ammonia synthesis method that makes use of electride catalysts.
Russia's Feb oil exports from western ports seen around 8.2 MMt
Russia’s crude oil exports and transit from its western ports are seen at around 8.2 MMt this month, in line with market forecasts.
Vitol buys first naphtha cargo from Nigeria's Dangote oil refinery
Trading house Vitol has bought the first naphtha cargo produced for export by Nigeria's new 650,000-bpd Dangote oil refinery.
Technip Energies invests in the United Airlines Ventures Sustainable Flight Fund
This innovative fund is strategically designed to leverage cross-industry support, providing start-ups working on SAF research, production and technology, with both financial and strategic capital.
KT awarded Eni contract for hydrogen production in Livorno plant biorefinery conversion
MAIRE announced that its subsidiary KT - Kinetics Technology (Integrated E&C Solutions) has been awarded an EPC contract by Italian Energy company Eni to build a hydrogen production plant at Eni’s Livorno refinery.
Asia's SAF projects and agreements
SAF, or alternative fuel made from renewable sources that are used to power aircraft, is crucial for the aviation sector to reach its goal of net zero carbon emissions by 2050, but its adoption remains in a nascent phase. Following is a look at other SAF projects and agreements in the Asia-Pacific region.
- 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
