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Economics

Heidelberg University and BASF extend collaboration at jointly operated catalysis laboratory CaRLa for five more years

BASF and Heidelberg University will continue to jointly operate the Catalysis Research Laboratory for a further five years.

EU regulators fine ethanol producer Lantmannen $51 MM over ethanol benchmarks cartel

EU antitrust regulators fined Lantmannen, the largest ethanol producer in the Nordic region, $51.4 MM for rigging ethanol benchmarks between November 2012 to March 2014.

India curbs ethanol production from cane juice to boost sugar supplies

India directed sugar mills not to use cane juice or syrup to produce ethanol, as New Delhi tries to increase sugar supplies by curtailing ethanol production.

Venezuela's PDVSA authorizes first two oil cargoes to India after sanctions relief

Venezuelan state oil company PDVSA has assigned loading windows in December to two vessels bound for India under crude spot deals with Italy's ENI and U.S.-based Chevron, an internal company document showed.

P1 Fuels and Carbon Recycling International sign contract to deliver e-fuel production unit to Germany

P1 Performance Fuels announces a transformative collaboration with Carbon Recycling International to drive e-fuel production for internal combustion engine vehicles.

Global airlines body urges oil sector to invest more in sustainable fuel

The oil and gas sector and alternative fuel producers need to beef up efforts to produce greener aviation fuel to help airlines cut carbon emissions.

Clariant to cut 170 jobs after closing Romania plant, downsize German operations

Clariant cut its full year earnings guidance after it said it would close its bioethanol plant in Romania and downsize its operations in Germany.

Iran Revolutionary Guards seize two vessels smuggling 4.5 million liters of fuel

Iran's Revolutionary Guards' Navy have seized two vessels smuggling 4.5 million liters of fuel.

Lummus and NET Power sign strategic supplier agreement for heat transfer equipment

Lummus Technology announced it has signed a Strategic Supply Agreement with NET Power Inc. to design and supply recuperative heat exchangers for NET Power's near-zero emissions power generation process.

Nextchem (Maire Group) awarded a process design contract by DG Fuels for a bio-waste to SAF facility in the U.S.

MAIRE S.p.A. announces that NEXTCHEM, through its subsidiary MyRechemical, leading the Waste-to-Chemical segment, has been selected by DG Fuels Lousiana to provide the Process Design Package in relation to a SAF facility under development in St. James Parish, Louisiana (U.S.).