Americas
U.S. expands sanctions on Myanamar jet fuel, cites junta airstrikes
The United States expanded its sanctions against Myanmar to include foreign companies or individuals helping the country’s military junta to procure jet fuel that it uses to launch airstrikes on its own people, the U.S. Treasury Department said in a statement.
Oil down 1% as weak U.S. gasoline demand offsets big draw in crude stocks
Oil prices were down 1% as a build in US gasoline stocks fed worries about demand after Japan and Europe posted gloomy manufacturing data.
Shell taps Goldman Sachs to explore Singapore refinery and petchem plant sale
Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a potential deal, said several sources close to the matter.
Oil slides on grim manufacturing data
Oil prices slid almost 2% as gloomy global manufacturing data grabbed attention ahead of an annual meeting of central bankers at Jackson Hole in the United States, with interest rates high on the agenda.
Brazil's Unigel restarts fertilizer plant to boost domestic supply
Unigel, the largest Brazilian manufacturer of nitrogen fertilizers, announced the resumption of activities at a unit called Unigel Agro Sergipe, which produces urea and ammonia.
Shell, Pemex face fines for Texas chemical plant fire in May
Shell Plc and Pemex each could face more than $1 MM in fines over a Deer Park, Texas, chemical plant fire in May under a lawsuit filed by the state's attorney general.
Lummus' Novolen technology celebrates 100 licensed production lines
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the recent licensing of its 100th Novolen polypropylene production line.
- Utility Global signs first commercial project agreement in South Korea for H2Gen Project in Daejeon 6/10
- ENGIE and European Energy start cooperation on large-scale renewable hydrogen development in Denmark 6/10
- Yokogawa enhances OpreX collaborative information server 6/10
- WinGD powers delivery of world’s first ocean-going ammonia-fueled vessel 6/10
- Higher blending targets drive RIN prices close to record highs 6/10
- Hyundai wins contract to build gas processing plant at Kazakhstan's Karachaganak field 6/10
