Economics
South Korea's GS Caltex offers December spot gasoil
South Korea's GS Caltex has started December-loading spot gasoil discussions via a sales tender that closes, with volumes nearly similar to those loading in November.
Lummus and Citroniq announce licensing and engineering agreements for green polypropylene plants
Lummus Technology, a global provider of process technologies and value-driven energy solutions, and Citroniq Chemicals announced that the two companies have signed licensing and engineering agreements for green polypropylene plants in the U.S.
thyssenkrupp Uhde and DL E&C sign contract with Copenhagen Infrastructure Partners for Murchison Hydrogen Renewables Project Pre-FEED
thyssenkrupp Uhde, in partnership with DL E&C and its affiliate, has been selected by Copenhagen Infrastructure Partners P/S on behalf of Murchison Hydrogen Renewables Pty Ltd, to deliver a pre-FEED to support the development of the giga-watt-scale Murchison green ammonia project in Kalbarri, Western Australia.
Petrobras technology enables Riograndense refinery to process 100% renewable feedstocks
Brazil's Petrobras has for the first time processed 100% soybean oil in an industrial refining unit.
Russia considers lifting gasoline export ban
Russia is considering lifting an export ban on some grades of gasoline.
Kazakhstan ready to transport more Russian gas, oil
Kazakhstan is ready to transport more Russian oil and gas, said President Kassym-Jomart Tokayev, a day before President Vladimir Putin was set to visit his country.
Global fossil fuel production plans far exceed climate targets, U.N. says
Global fossil fuel production in 2030 is set to be more than double the levels that are deemed consistent with meeting climate goals set under the 2015 Paris climate agreement, the United Nations and researchers said.
thyssenkrupp Uhde and Proman embark on highly efficient world-scale ammonia plant
thyssenkrupp Uhde has been engaged by Proman to realize a 2200 tpd ammonia plant in Topolo-bampo, Sinaloa, Mexico.
Aspen Technology partners with OMV Group to accelerate progress toward net zero targets
Aspen Technology, Inc. announced a newly expanded relationship with OMV Group to help accelerate the international integrated oil and gas company's energy transition initiatives and its path to achieving net zero targets.
OMV in talks with ADNOC on chemicals business merger
OMV is actively in negotiations with the state-owned Abu Dhabi National Oil Company about a possible merger of their chemicals business.
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