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Economics

LNG export capacity from North America is likely to more than double through 2027

EIA expects North America’s LNG export capacity to expand to 24.3 Bcfd from 11.4 Bcfd today as Mexico and Canada place their first LNG export terminals into service and the United States adds to its existing LNG capacity.

Russian diesel and gasoline export ban to be lifted next week

Russian fuel producers have been told by the government to prepare for the scrapping of all remaining restrictions on the export of diesel and gasoline.

Petronas and Dorna Sports to introduce new sustainable fuel for 2024 Moto2 and Moto3 season

Petronas and Dorna Sports today announced the usage of a new sustainable fuel for Moto2 and Moto3 on the opening day of the Petronas Grand Prix of Malaysia 2023.

AirFrance-KLM invests in DG Fuels' U.S. SAF production plant

French-Dutch airline AirFrance-KLM has made a $4.7 MM investment in DG Fuels' SAF production plant in the U.S. state of Louisiana, a step towards its 10% SAF incorporation target for 2030.

Japan, South Korea to set up joint ammonia, hydrogen supply network

Japan and South Korea will establish a joint supply network for carbon-neutral fuels such as ammonia and hydrogen.

Shell to boost U.S. green aviation fuel output

Shell PLC is looking to scale up SAF production in the United States, a country it sees as attractive for development of such low-emission forms of energy

Boeing joins aireg, the German initiative for SAF

Boeing has joined Aviation Initiative for Renewable Energy in Germany, underscoring the company’s commitment to partner towards a more sustainable future for air travel and progress on SAF.

China-Brunei JV inks new deal for Phase 2 petrochemical project

The Implementation Agreement sets out the parameters, outlined jointly by PA and BEDB, which relates to the development, implementation and operations of Hengyi Industries’ Phase 2 Refinery and Petrochemical Complex at the PMB Industrial Park.

Liquid Wind and industry leaders join forces to boost eFuel production, slashing CO2 emissions in challenging sectors like global shipping

Liquid Wind announces a further strengthening of its partnership with pan- European decarbonization leaders to include plans of developing and marketing 10 additional eMethanol facilities in the Nordics by 2027.

Gunvor drops PetroSeraya fuel oil storage in Singapore, Sinopec to take over

Global energy trader Gunvor is exiting fuel oil storage at the PetroSeraya terminal in the Asian oil hub of Singapore, with a Sinopec unit set to take over the space.