Economics
UAE's ADNOC sells more fuel oil from Ruwais refinery in January
UAE's Abu Dhabi National Oil Company has sold more straight-run fuel oil from its Ruwais refinery complex this month via private sales.
Water supply restored to TotalEnergies Texas (U.S.) oil refinery
Water supply was restored to TotalEnergies' 238,00-bpd Port Arthur oil refinery in Texas, (U.S.) that has been shut for nearly a week.
Topsoe selected as technology provider for Preem’s renewable fuels plant in Sweden
Topsoe signed a licensing and engineering agreement with Preem, Sweden’s largest fuel company, to produce SAF and renewable diesel, using Topsoe’s HydroFlex technology.
BASF and Inditex make a breakthrough in textile-to-textile recycling with loopamid
BASF and Inditex announced a breakthrough in their efforts for boosting recyclability in the textile industry with the launch of loopamid, a polyamide 6 made from 100 percent textile waste,
Proactive Decision-Making for Emissions Management: The Roadmap to Net Zero
Industry leaders have committed to achieving net-zero carbon emissions by 2050.
India defers $602-MM plan to fill parts of strategic petroleum reserve
India has deferred a $601.78 MM plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets.
China's 2023 low-sulfur marine fuel exports up 3% from 2022
China's exports of low-sulfur marine fuels last year rose 3.2% from 2022.
OMV, ADNOC to iron out terms of deal for chemicals tie-up
Abu Dhabi National Oil Co and Austria's OMV are poised to resume talks to agree final terms of a tie-up that would create a chemicals group with more than $20 B in combined annual sales.
Operations at damaged Russian fuel complex seen resuming within weeks
Russian energy company Novatek is likely to resume large-scale operations at its Ust-Luga processing complex and Baltic Sea terminal within weeks, following a suspected drone attack seen disrupting naphtha flows to Asia
Saudi's SABIC gives go-ahead for $6.4-B China petrochemical plant
Saudi Basic Industries Corp will go ahead with building a petrochemical complex in southeastern China's Fujian province, shoring up Saudi ties with China, the world's top oil importer.
- 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
