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Economics

Louis Dreyfus to construct Ohio (U.S.) soy crush plant for food, feed, and biofuel

Global crop merchant Louis Dreyfus Company will build a new soybean processing plant in the U.S. state of Ohio adding to a boom in oilseed crush investments in North America encouraged by biofuel use.

Sonangol partners with Chinese CNCEC to build Lobito refinery

Sonangol and China National Chemical Engineering Company signed, in the city of Lobito, Benguela, a contract for the construction of the Lobito Refinery.

Braskem boosts biopolymer development in Asia, opens Tokyo Representative Office

Braskem announced the opening of its Representative Office in Tokyo, Japan one of the key markets for Braskem's I'm greenT bio-based Polyethylene.

Stockholm to ban gasoline, diesel cars from city center

Stockholm will ban gasoline and diesel-powered cars from key parts of the city center from 2025 as it seeks to improve air quality and reduce traffic noise.

Emirates expands collaboration with Neste for the supply of SAF in 2024 and 2025

Emirates and Neste have expanded their partnership by solidifying their collaboration for the supply of over 3 million gallons of blended Neste MY Sustainable Aviation Fuel in 2024 and 2025.

Ryanair purchases 500 tons of SAF from OMV

Ryanair has purchased 500 tons of SAF from OMV, the international integrated oil, gas and chemicals company.

China's September fuel oil imports slide to year-to-date low

China's fuel oil imports eased for a third consecutive month in September, hitting the lowest in the year so far, data from the General Administration of Customs showed.

Kuwait's KPC ramps up high-sulfur fuel oil tenders for October

Kuwait Petroleum Corp has ramped up its spot tenders for high-sulfur fuel oil sales this month.

Vietnam seeks Saudi Aramco's investment in petrochemicals, oil refining

Vietnam is seeking investment from oil giant Saudi Aramco in its petrochemical and oil refinery projects, the Southeast Asian country's government said.

Russian railway gasoline exports fell by 80% in first half October

Russia's fuel export ban led to an 80% fall in railway exports of gasoline in the first 15 days of October from the same period in September to some 37,000 tons.