Economics
Eni's Plenitude unit valued at 10 B euros in deal with EIP
Eni has agreed to sell a 9% stake in its low-carbon and retail unit Plenitude to Energy Infrastructure Partners (EIP) through a deal that values the unit at 10 B euros ($11 B) including debt.
EU to investigate Chinese biodiesel dumping allegation
The European Union said it would begin an anti-dumping investigation into biodiesel imports from China, which the bloc's industry says has slashed domestic production.
Venezuela's PDVSA to settle debt to Curacao's refinery with fuel supply
Venezuela's state-run Petróleos de Venezuela, S.A. will supply fuel to Curacao's refinery to settle debts left by the oil company after ceasing operations at the Caribbean island's facility in 2019.
U.S. refiners cut gasoline export prices on Panama Canal drought
U.S. Gulf Coast refiners have reduced gasoline export prices to their lowest since 2021 because restrictions on shipping through the Panama Canal have left exporters unable to send as much of the motor fuel to international markets.
China's Nov diesel exports down 44.9% on last year despite weak domestic demand
China's diesel exports in November were down 44.9% on last year at 1.16 MMt, as domestic demand remains above pandemic levels but faces continued headwinds from the country's property slowdown.
U.S. EPA sends Midwest ethanol expansion request to White House
The U.S. Environmental Protection Agency has asked the White House to approve a rule that would allow expanded sales of higher-ethanol gasoline to be sold in certain Midwestern states, after governors from those states requested it.
Technip Energies to support Dow's net-zero ethylene cracker in Canada with technology and services
Technip Energies has been selected to provide Proprietary Technology, Engineering, and Procurement services for Dow’s net-zero Scope 1 and 2 emissions integrated ethylene cracker in Fort Saskatchewan, Alberta, Canada
Nextchem awarded licensing, process design and catalyst supply for biodegradable plastics intermediates in China
Maire announces that Nextchem, through its biodegradable plastics technology licensor CONSER, has been awarded technology licensing and catalyst supply by a prominent client, as part of a larger project located in Northwestern China.
Norsk e-Fuel enlists Paul Wurth for FEED study on first e-fuel plant with Axens Technologies
Norsk e-Fuel selects SMS group subsidiary Paul Wurth to engineer and design one of the worldwide first industrial sized e-Fuel production sites in Mosjøen, Norway.
Neste's Finnish crude oil refinery will gradually become a hub for renewable and circular solutions
Neste has completed the strategic study launched in September 2022, and begins a gradual transformation of its crude oil refinery in Porvoo, Finland into a leading renewable and circular solutions refining hub.
- U.S. SAF production forecast to eclipse 50,000 bpd by 2026 7/17
- Pertamina expects Balikpapan's CDU IV to resume later this month 7/17
- Exxon shut Joliet, Illinois, refinery after power outage 7/17
- ExxonMobil introduces Enable™ 1617 performance polyethylene 7/17
- Hexagon’s HxGN SDx2 helps industrial enterprises engineer, monitor and optimize global assets, operations 7/17
- Mabanaft submits approval documents for planned ammonia import terminal in Hamburg 7/17
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries
