Economics
Shell, Eni lead funding round for carbon capture firm Mantel Capture
European oil majors Shell and Eni have led an early stage funding round for climate technology startup Mantel Capture, which aims to use molten salts to capture carbon dioxide (CO2) emissions at refineries, factories and other industrial sites.
Motiva awards Honeywell UOP a contract for Port Arthur (U.S.) aromatics project
Motiva announced that it has advanced its aromatics project by executing a license for Honeywell UOP’s aromatics technologies for a world-scale aromatics unit to produce benzene and paraxylene.
Port of Rotterdam power outage affects bp's refining operations
A power outage in the Rotterdam port area in the Netherlands briefly interrupted operations at bp's 400,000-bpd oil refinery.
Ethanol push turns India into corn importer, shaking up global market
A push by India to make more corn-based ethanol has turned Asia's top corn exporter into a net importer for the first time in decades, squeezing local poultry producers and scrambling global supply chains.
U.S. gasoline slumps to near 3-yr low on end of driving season, oil slump
U.S. gasoline futures fell nearly 6% on Tuesday to their lowest since December 2021, as the end of the driving season weighed on demand for the motor fuel amid a sell-off in the broader oil market.
Marathon's Detroit refinery workers to strike starting Wednesday, Teamsters says
About half of the workforce at Marathon Petroleum's Detroit (U.S.) refinery will begin striking on Wednesday, following months of unsuccessful negotiations over pay and safety concerns.
Digital Feature: Cracking the chemical industry’s carbon code
This article focuses on how Evonik is decarbonizing chemical processing operations at its Herne site in Germany. This work details the installation of an advanced proprietary proton exchange membrane electrolyzer that will produce H2 and oxygen onsite from renewable energy.
Nigeria's Dangote refinery releases gasoline into the local market
Nigeria's $20-B Dangote oil refinery on Tuesday has begun supplying gasoline into the Nigerian market, a move its owner Aliko Dangote said will end billions of dollars spent on imports.
Trans Mountain oil pipeline expansion pushes rivals to cut rates, for now
Pipelines that historically carry Canadian crude to the U.S. are cutting rates and looking to ship different grades of crude oil due to rising competition from the newly expanded Trans Mountain pipeline.
Germany extends trusteeship over Rosneft assets
The German government extended its trusteeship over the local units of Russia's Rosneft until March 10 next year in anticipation of a sale of the assets to Qatar.
- ARA gasoline exports to West Africa hit multi-year lows in September 10/3
- Singapore's middle distillates stocks snap three-week fall 10/3
- Update: U.S. crude oil inventories rise as refining activity dips 10/3
- Repsol supports ECI Group in licensing first 150,000-tpy copolymer plant using ECI Group’s hybrid reactor technology 10/3
- INNIO Group welcomes strategic partnership between Heaten and AI Alpine 10/3
- BCCK and Carbon Clean sign agreement to deliver carbon capture solutions across U.S. 10/3
