Management
Indonesia's Pertamina to merge refinery, shipping and retail operations
Indonesian state energy firm PT Pertamina will merge the operations of its refinery, shipping and retail units to improve efficiency in its core business, CEO Simon Aloysius Mantiri said.
India's ONGC to keep buying Russian oil if prices economical
Indian explorer Oil and Natural Gas Corporation said its refining units will continue to buy Russian oil if available at economical prices.
Eni to sale 49.99% share in carbon capture business to GIP
Eni and Global Infrastructure Partners (GIP), a leading global infrastructure investor and a part of BlackRock, signed an agreement related to the sale of a stake of 49.99% in Eni CCUS Holding – a leading global player in the CCUS sector (Carbon Capture, Utilization and Storage).
Thyssenkrupp Nucera abandons U.S. green hydrogen projects no longer deemed feasible
Thyssenkrupp Nucera is in intensive discussions with stakeholders in its U.S. projects and is abandoning those no longer deemed feasible due to tax and spending changes initiated by the U.S.
AFPM: U.S. RFS proposal misses the mark on affordability, security by an ‘Iowa mile’
The American Fuel & Petrochemical Manufacturers (AFPM) recently submitted comments on the Environmental Protection Agency’s proposed Renewable Fuel Standard volumes for 2026 and 2027.
Sasol expects profit rebound on higher chemical prices and lower impairments
South African petrochemicals company Sasol expects a rebound in full-year profitability on the back of higher chemicals prices, tighter cost controls and lower asset writedowns, it said.
Indian refiners using term deals as hedge against Russian supply risk
India's state oil refiners will continue to use annual contracts to secure oil supplies and hedge against market volatilities as the future of cheap Russian purchases is in doubt, the oil ministry said in a report to parliament.
- Southern Energy Renewables and Axens Sign MoU to advance SAF projects in Louisiana and beyond 4/8
- One of the largest heat pumps in the world has reached BASF's Ludwigshafen site 4/8
- LANXESS introduces surcharge for Lewatit ion exchange resins 4/8
- HyOrc secures industrial site and accelerated permitting path for Portugal green methanol project 4/8
- India raises HPCL Rajasthan Refinery project cost to $8.6 B 4/8
- Iranian Oil Refining Co. confirms attack on Lavan refinery 4/8
