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Malaysia to cut diesel subsidies, saving $852 MM/yr

Malaysia will begin cutting fuel subsidies to bolster its fiscal position starting with diesel, a move that will save about 4 $852 MM/yr.

Repsol: Renewable fuels are key to the transformation of the refining industry

Along with hydrogen production, the production of renewable fuels and gases from organic waste is one of the main examples of the transformation of the industry, which will generate employment and decarbonize the sector. Here, Repsol discusses several pathways the company is taking to produce additional renewable fuels, while decarbonizing operations.

Pemex is delivering only a fraction of feedstock to new Olmeca refinery

Mexican state energy company Pemex started sending 16,300 bpd of crude oil to its new Olmeca refinery this week, less than 5% of its total capacity, signaling another delay.

Gulfstream LNG export terminal (U.S.) receives U.S. FERC approval

Gulfstream LNG, under development in Plaquemines Parish, Louisiana, announced that it has received the U.S. Federal Energy Regulatory Commission approval to commence the pre-filing permitting process, kicking off the regulatory review for its proposed 4-MMtpy modular export facility.

Johnson Matthey and thyssenkrupp Uhde join forces to offer an integrated solution for blue ammonia technology

Johnson Matthey and thyssenkrupp Uhde announced they have signed a Memorandum of Understanding to jointly offer a fully integrated low-carbon (blue) ammonia solution

KECO unveils new gas analyzer for real-time, continuous oxygen analysis

KECO introduces the OXYHOUND, a highly-efficient process gas analyzer that conducts real-time and continuous oxygen analysis of natural gas, biogas and other gas streams.

MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary

MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary.

Nextchem completes acquisition of GasConTec, adding new low-carbon hydrogen/methanol to portfolio

Nextchem completed the acquisition of GasConTec, which will add new low-carbon hydrogen/methanol technologies to the company's portfolio.

GCC industry leaders solidify commitment toward plastic circularity

Arabian Gulf industry leaders reaffirmed their commitment to adopting a collaborative approach to develop plastic circularity, invest in Design for Recycling (DfR) and address plastic waste at the 13th annual Gulf Petrochemicals and Chemicals Association (GPCA) Plastics Conference.

Iran to boost gasoline, diesel production as new units go online

Jalil Salari, Managing Director, National Iranian Oil Refining and Distribution Company (NIORDC), provided an update on the country's refining units going online this year, which will significantly boost domestic gasoline and diesel production.