Economics
Damen wins class and flag states approval in principle for future methanol-fueled workboats
Starting in the summer of 2022 and working closely from the outset with classification society Bureau Veritas, Damen has developed and gained approval in principle for designs of methanol-powered compact vessels.
The Methanol Institute welcomes Royal Caribbean Group
The Methanol Institute is pleased to welcome Royal Caribbean Group as our newest member with their recent announcement that the 5th ship ordered in their Celebrity Cruises’ Edge-series will be powered by Wärtsilä 46 methanol-capable engines.
FueLNG celebrates monumental milestone: 100th ship-to-ship LNG bunkering operation
FueLNG, a joint venture between Seatrium Offshore & Marine Ltd and Shell Singapore Pte. Ltd, announces the successful completion of its 100th ship-to-ship LNG bunkering operation.
GE Aerospace fuels expert: SAF is here to stay
Review various roadmaps for the aviation industry to reach a target of net zero CO2 emissions by 2050, and you’ll find one thing in common: SAF is a linchpin for getting there.
Boeing, NASA, United Airlines to test SAF benefits with air-to-air flights
In a collaboration to strengthen sustainability in aviation, Boeing is partnering with NASA and United Airlines for in-flight testing to measure how SAF affects contrails and non-carbon emissions, in addition to reducing the fuel's life cycle climate impact.
European airlines say sustainable fuel targets may mean higher fares, consolidation
European airline chiefs said the industry needs to make more money and may consolidate further to pay for sustainability targets, a trend likely to lead to higher fares for passengers on top of rising demand for air travel.
Researcher improves CO2 and biofuel byproduct conversion to valuable chemicals
A University of Alberta researcher has developed better ways to convert carbon dioxide, a harmful greenhouse gas, and glycerol, a leftover of biodiesel production, into value-added materials with wide-ranging uses including liquid hydrogen storage.
Nigeria buying fuel with cash, rather than crude, in post-reform shift
Nigerian state oil company NNPC has begun buying gasoline via cash tenders, rather than oil swaps, for the first time in nearly a decade.
Russia fuel exports jump in Sept despite OPEC deal, sanctions
Russian crude oil and product exports rose in September by as much as 460,000 bpd, the International Energy Agency estimated, despite Western sanctions and Moscow’s pledge to cut output in tandem with OPEC
U.S. sanctions two tanker owners for carrying Russian oil above price cap
The U.S. imposed the first sanctions on owners of tankers carrying Russian oil above the G7 price cap of $60 a barrel, one based in Turkey and one in the United Arab Emirates, in an effort to close loopholes on the mechanism designed to punish Moscow for the war in Ukraine.
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- Rompetrol completes DCU project at Petromidia refinery 7/17
- U.S. SAF production forecast to eclipse 50,000 bpd by 2026 7/17
- Pertamina expects Balikpapan's CDU IV to resume later this month 7/17
- Exxon shut Joliet, Illinois, refinery after power outage 7/17
- ExxonMobil introduces Enable™ 1617 performance polyethylene 7/17
- Tribunal rejects TC Energy's $15-B claim for Keystone XL 7/17
- Digital Exclusive: SPECIAL FOCUS: Digital Technologies—Utilize process simulation digital twin to optimize condensate yield
- Digital Exclusive-Flare system design: Liquid pockets in flare headers
- Hydrogen-rich content gasoline: A new concept for paraffinic gasoline reformulation
- Alarm rationalization at Kuwait National Petroleum Company (KNPC) refineries