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SAF costs must be lower, ExxonMobil VP says
Costs are the main obstacle to increasing the use of SAF said ExxonMobil Senior Vice President Jack Williams.
Samsung Engineering rebrands name to 'SAMSUNG E&A'
The company name change to SAMSUNG E&A CO., LTD. was confirmed during the 57’s general shareholders' meeting on 21 March 2024, where the change of articles of incorporation were passed.
Colombia cops seize 7.3-MM gallons of crude in raids on illegal refineries
Colombian police have seized more than seven million gallons of crude oil in raids on illegal refineries, in an operation targeting production of bootleg fuel in Norte de Santander province.
Neste completes its organizational change process to improve long-term competitiveness
Neste announced that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working.
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SGH Engineering Mechanics & Infrastructure group welcomes senior leaders
bp awards Kent a five-year global commissioning framework agreement
Kent, a global integrated energy services company, announced that it has been awarded a five-year global commissioning framework agreement by bp.
ADNOC closes acquisition of 24.9% stake in OMV
ADNOC announced that it has formally closed the acquisition of a 24.9% shareholding in OMV AG, a global energy and chemicals group, headquartered and listed in Vienna, Austria, from Mubadala Investment Company.
Biden-Harris administration (U.S.) allocates $366 MM to reduce energy costs and boost security in rural areas nationwide
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy announced more than $366 MM for 17 projects across 20 states and 30 Tribal Nations and communities to accelerate clean energy deployment in rural and remote areas across the country.
Honeywell adds augmented reality to its Immersive Field Simulator
Honeywell today announced it is adding augmented reality to its Immersive Field Simulator (IFS), a platform that uses a digital twin of a physical facility to provide targeted, on-demand training for the industrial workforce.
Sir Ratcliffe warns Europe is “sleepwalking towards offshoring its industry, jobs, investments”
Sir Jim Ratcliffe, Chairman and Founder of INEOS, has written to Ursula von der Leyen, President of the European Commission, warning that Europe is “sleepwalking towards offshoring its industry, jobs, investments, and emissions.”
- Shipping major and GCMD to pilot FAME-VLSFO marine biofuel bunker fuel in Singapore 5/9
- Diesel profit margins decline amid lower demand, more capacity 5/9
- World Energy and Boston Consulting Group sign agreement on SAF certificates 5/9
- New $1.5-B natural gas pipeline to provide feedstock to Dow's petrochemicals plant and other industrial facilities 5/8
- Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC 5/8
- Seasonal U.S. fuel demand hits pandemic lows, weighs on refining margins 5/8
