Economics
OPEC leaders make case for fossil fuels at Riyadh climate event
OPEC heavyweights said oil and gas should not be stigmatized in the climate debate and that the industry had a role to play in an orderly energy transition.
CPChem, QatarEnergy finalize financing on Ras Laffan, Qatar, petrochemicals project
Ras Laffan Petrochemicals, a joint venture company owned 30% by Chevron Phillips Chemical and 70% by QatarEnergy, announced that it has secured $4.4 B to finance an integrated polymers facility to be located in Ras Laffan Industrial City, Qatar.
Vietnam's largest refinery Nghi Son restarting after maintenance
Vietnam's largest refinery, Nghi Son, is in the process of a restart after major maintenance that began late August.
Indonesia's Jan-Sept biodiesel consumption at about 2 T gallons
Indonesia's consumption of palm oil-based biodiesel for the first nine months of this year was about 2 trillion gallons.
Russia keeps ban on gasoline exports and cross-border sales of diesel by railway
Russia's ban on gasoline exports and cross-border sales of diesel by railway remains in place.
Russia resumes seaborne diesel exports after partially lifting ban
Russia, the world's top seaborne exporter of diesel just ahead of the United States, resumed exports of the fuel on after it lifted its ban on most fuel exports following a decline in domestic wholesale prices.
Las Vegas (U.S.) airports to offer SAF for flights from NBAA’s 2023 convention
Aircraft flying into Las Vegas’ three airports for the 2023 National Business Aviation Association - Business Aviation Convention & Exhibition will have an opportunity to fuel up with SAF, an innovation central to the industry’s goal of achieving net-zero carbon emissions in the years to come.
World Energy and Microsoft join forces to drive aviation decarbonization through ten-year contract for SAFc
World Energy, the SAF producer and low-carbon solutions provider, announced a long-term agreement with Microsoft to accelerate the decarbonization of corporate air travel and its supply chain cargo through the purchase of SAFc.
Masdar and Boeing join forces to accelerate the SAF industry in the UAE and globally
Masdar is teaming up with aerospace company Boeing to propel the SAF industry in the UAE and globally with the partnership aiming to further support the commercial aviation industry’s goal of achieving net-zero emissions by 2050.
Emirates and Shell Aviation sign agreement for SAF supply at airline’s Dubai hub
Emirates has announced an agreement with Shell Aviation for the supply of over 300,000 gallons of blended SAF for use at the airline’s international hub in Dubai.
- China's Wanhua Chemical starts operation at new east China cracker 4/4
- Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B 4/4
- PBF restarts some units at Martinez refinery after February fire; fire-damaged units remain shut 4/4
- Japan to curb gasoline prices from June to cushion U.S. tariff blow 4/4
- Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding 4/3
- Oil, gas and refined product imports exempted from Trump’s sweeping tariffs 4/3
