Economics
Shell quits Iraqi petrochemicals plant talks
Oil major Shell has withdrawn from talks on building a petrochemicals plant in the southern oil hub of Basra.
The European aviation association urges policymakers to enhance their efforts in promoting SAF
European aviation associations, part of the DESTINATION 2050 alliance, urge EU policymakers to enhance efforts for a leading SAF industry.
Red Sea, Russian refinery attacks tighten Asia naphtha supplies
Prices of naphtha, a key petrochemical feedstock, have jumped in Asia as drone attacks on Russian refineries and the Red Sea shipping crisis have disrupted European shipment.
Russia's Ilsky refinery plans to restart damaged unit this week
Russia's export-oriented Ilsky oil refinery plans to resume operations at its damaged primary processing unit this week.
Grace licenses second UNIPOL polypropylene process technology reactor to China Coal Shaanxi Energy & Chemical Group Co., Ltd.
W.R. Grace & Co. announced that China Coal Shaanxi Energy & Chemical Group Co., Ltd. has expanded its license for Grace’s UNIPOL PP process technology, doubling its polypropylene production capacity from 300 to 600 kpy.
Dow announces completion of inaugural green bond offering
The Dow Chemical Company, a wholly owned subsidiary of Dow, announced today the closing of its green bond offering of $600 million aggregate principal amount of 5.150% notes due 2034 and $650 million aggregate principal amount of 5.600% notes due 2054.
AFPM launches seven-figure issue campaign spotlighting gas car ban policies across battleground states
The American Fuel & Petrochemical Manufacturers is launching a major seven-figure issue campaign across seven critical states - Pennsylvania, Wisconsin, Michigan, Nevada, Arizona, Ohio and Montana—and the Beltway, all aimed at informing Americans about the Biden administration’s efforts to ban new gas, diesel and flex fuel vehicles from the U.S. market.
Smyril Line has signed contracts for two methanol powered cargo ships
Smyril Line is pleased to announce that a contract has been made with the CIMC Raffles shipyard in China to build two new e-methanol powered cargo ships the company.
LanzaJet and Jet Zero partner for Australia's first ethanol-to-SAF plant
The agreement will progress the development of Project Ulysses, a North Queensland SAF project using LanzaJet’s alcohol-to-Jet technology, that converts the bioethanol into SAF and renewable diesel.
Germany's Habeck: Poland committed to crude supply in case of Schwedt nationalization
German Economy Minister Robert Habeck said in Warsaw that Poland has given reassurances that it will continue to provide the Schwedt refinery with crude oil in the event that Germany nationalizes Rosneft's German activities.
- 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
