Economics
Elliott weighs Citgo bid as creditor group eyes Conoco for own offer
Hedge fund Elliott Investment Management is weighing a bid for shares in the parent of oil refiner Citgo Petroleum under a U.S. court-ordered auction, while a group of creditors represented by Centerview Partners aims to lure ConocoPhillips to join another offer.
Lower oil refinery output hits value of Russia's Q1 exports
Lower production at Russian oil refineries was partly to blame for the continued decline in the country's exports in the first quarter of this year.
China's March jet fuel exports jump 77.4% from a year earlier
China's jet fuel exports in March surged to 1.98 MMt, up 77.4% from the previous year, as international flight volumes ramped up.
Nigeria strikes deal with Shell to supply $3.8-B methanol project
Nigeria has struck a deal for Shell to supply gas to its proposed $3.8-B Brass methanol facility, resolving a major hurdle to a final investment decision on the project.
Singapore fuel oil stockpiles rebound to 8-week high on higher imports
Singapore's onshore fuel oil stockpiles rebounded to an eight-week high amid an increase in imports.
Clariant launches new CATOFIN 312 propane dehydrogenation catalyst
Clariant announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst.
Solvay inaugurates new blowing agent production unit in Rosignano, Italy
Solvay announced the opening of its groundbreaking Alve-One production unit in Rosignano, Italy.
Meridian Energy Group’s Davis Refinery Project in North Dakota (U.S.) will be the world’s first net-zero carbon refinery
The Davis Refinery is a fully-permitted 49,500-bpd, innovative, greenfield refinery being built in Belfield, North Dakota (U.S.) will utilize state-of-the-art environmental technology and controls to produce ultra clean transportation fuels for local and regional sales.
Lummus expands R&D capabilities to enhance innovation and water and wastewater technologies
Lummus Technology announced the opening of its cutting-edge research and development facility dedicated to advancing its Zimpro suite of water and wastewater treatment technologies.
Niger plans to build diesel refinery and increase supplies to Mali
Niger will create a diesel refinery to supply its Sahel allies and plans a more than six-fold increase in diesel shipments to Mali to tackle that country's energy crisis.
- ABB introduces Unification X to enable seamless control room integration 4/23
- Pumps & Valves Innovation Conference Brings Program for Operators, Engineers to the Gulf Coast 4/22
- Australia's Queensland invests in biodiesel to cut reliance on fuel imports 4/22
- Indonesia biodiesel consumption eclipses 3.9 MM kiloliters so far this year 4/22
- Malaysia's palm oil-based biodiesel push to add 300,000 tpy in demand 4/22
- India's L&T Energy GreenTech, Japan's ITOCHU ink 300,000 tpy green ammonia supply deal 4/22
