Environment
BB5 launch complements CPC Pumps International API 610 range
CPC International announced the launch of its new BB5 pump.
EU countries poised to agree to push on fossil fuel phase-out
European Union countries are preparing to endorse a diplomatic stance on Monday calling for a global phase-out of fossil fuels as they prepare for this year's U.N. climate change talks.
Valero JV approves sustainable aviation fuel project at Texas plant
Refiner Valero Energy Corp and Darling Ingredients Inc said on Tuesday that their joint venture had approved a project to upgrade about half of the production capacity of Port Arthur renewable diesel plant in Texas to sustainable aviation fuel.
Baltic states bought twice as much Russian LPG last year
Russian exporters more than doubled sales of liquefied petroleum gas to the Baltic states in 2022, some of which was sold on to Ukraine, according to data from three trading and freight-handling sources covering the region.
Crude oil prices rise above $100 per barrel after Russia’s further invasion into Ukraine (1)
Since mid-January 2022, the geopolitical risk related to Russia’s further invasion of Ukraine has contributed to higher and more volatile crude oil prices.
Eni eyes biorefinery in Malaysia with Petronas, Euglena
Italian energy group Eni is studying the possibility of developing and operating a biorefinery in Malaysia together with Japan's Euglena and Malaysia's Petronas, the three groups said on Wednesday.
Indian petrochemical demand could rise threefold by 2040
India's annual petrochemical consumption could nearly triple to 80 MMt by 2040 forcing the country to either raise imports or invest into building new facilities, said an executive at the nation's top refiner Indian Oil Corp.
Indonesia targets sugar self-sufficiency in 5 yrs, eyes ethanol production
Indonesia will expand its sugar plantation area to try to become self-sufficient in the next five years and is eyeing development of renewable sugar-based ethanol afterwards, President Joko Widodo said.
Strike action, outages in France's refined product sector
France's refined products sector is under strain as a result of strike action over pay and unplanned maintenance which have led to more than 40% of its refining capacity being taken offline.
Repsol to begin two-month turnaround at Tarragona oil refinery in Spain
Spanish energy giant Repsol is investing 100 MM euros to reduce emissions at its 186,000 bpd Tarragona refinery in Spain, which begins two months of maintenance at the end of the week.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- ADNOC deploys heavy-duty inspector robot for hazardous environments 5/21
- Indonesia to roll out ethanol-blended gasoline, B50 biodiesel from July 1 5/21
- Australia plans biofuel mandates to boost its energy security 5/21
- HyOrc commences fabrication for Porto waste-to-methanol plant and advances European project pipeline 5/21
