Refining
Indonesia trying to create palm oil benchmark price
Indonesia, the world's biggest palm oil exporter, plans to require crude palm oil exports to go through a futures exchange to create the country's own benchmark price.
Oil price rises on Chinese demand rebound
Oil rose on signs of a strong economic rebound in top crude importer China, but fears over the impact of potential increases to European interest rates kept prices from moving higher.
Germany has mixed feelings about EU ICE ban
German Transport Minister Volker Wissing called into question a bid by the European Union to ban new cars with internal combustion engines from 2035, saying the use of synthetic fuels should remain possible after the deadline.
Russia's oil/gas revenues fall 40% in January
Russia's revenues from oil and gas exports dropped by nearly 40% in January as price caps and Western sanctions squeezed the proceeds from Moscow's most lucrative export, the International Energy Agency said on Tuesday.
U.S. EPA's proposal would allow a higher ethanol blend in Midwest states
The U.S. Environmental Protection Agency proposed a rule that would allow sales of gasoline with a higher ethanol blend in certain U.S. Midwest states.
Methanex-Mitsui complete first net-zero voyage fueled by bio-methanol
Methanex Corporation and Mitsui O.S.K. Lines, Ltd. announced the dual-fuel vessel “Cajun Sun” successfully completed the first-ever net-zero voyage fueled by bio-methanol.
Motiva shuts coker at Port Arthur refinery (U.S.) for repairs
Motiva Enterprises shut down its coker at the 626,000-bpd Port Arthur, Texas, refinery to repair piping.
Brazil to resume taxes on fuels
The Brazilian government is set to resume the collection of federal taxes on fuels this week, the Finance Ministry said on Monday.
How a ban on Russian crude affects EU's refining industry
A look at how a ban on Russian crude affects oil exports and the EU's refining industry
Neste has introduced a new ReNew lubricant product family produced with renewable/re-refined base oils
Neste is introducing a new Neste ReNew™ lubricant product family in Finland, Sweden, the Baltic countries and Poland during the first quarter of 2023. The new lubricants are produced with renewable or re-refined base oils and high-quality additives.
- BASF starts up the world’s first production plant for 3D-printed catalysts in Ludwigshafen 3/19
- Haffner Energy receives rapid bookings for CORE100 clean-fuel production units 3/19
- ABB launches EmissionVision to automate advanced gas leak detection 3/19
- Ebara Elliott Energy partners with NuScale Power for use of advanced nuclear technology to power petrochemical plants 3/19
- bp agrees to sell 12-MMtpy Gelsenkirchen refinery to Klesch Group 3/19
- Sumitomo Corporation, “K” LINE and NYK Line conclude MoU for new build ammonia bunkering vessel operation in Singapore 3/19
