Economics
Raizen, Wartsila to research use of ethanol in maritime transportation
Raizen, the world's largest producer of sugarcane ethanol, and Wartsila, a leader in maritime transportation propulsion, will cooperate in a research program to test ethanol as a fuel option for vessels.
Saudi Aramco CEO: COP28 should focus on cutting fossil fuel emissions, not output
The chief executive of oil giant Saudi Aramco, said on Tuesday this year's COP28 U.N. climate conference should focus on cutting emissions from hydrocarbons, rather than reducing their production.
China's Sinopec signs equity agreement for Kazakh polyethylene project
China's Sinopec has signed an equity agreement with Kazakh state-owned oil and gas firm KazMunayGas JSC for a 30% stake in a planned polyethylene project in Kazakhstan.
Russian seaborne diesel exports fell by 20% in early October
Russia's seaborne diesel and gasoil exports fell by 20% to about 1.1 million metric tons in the first 15 days of October from the same period in September due to ongoing seasonal maintenance of refineries and a fuel export ban.
Automakers blast U.S. plan to hike fuel efficiency rules
A group representing General Motors, Toyota Motor, Volkswagen and nearly all other major automakers sharply criticized the Biden administration proposal to drastically hike fuel efficiency requirements.
Pemex shuts large CDU at Deer Park, Texas (U.S.) refinery
Pemex shut down the 270,000 barrel-per-day crude distillation unit at its Deer Park, Texas, refinery on Monday because a process line ruptured.
Inditex to use Maersk’s low-carbon fuels for maritime logistics
The world's biggest fashion retailer, Spain's Inditex, has agreed with the freight group Maersk to incorporate alternative fuels on all its inbound routes with the carrier as a way to reduce its global greenhouse gas footprint.
Scientists monitor emissions from aircraft engines running on sustainable fuels
The National Centre for Atmospheric Science has completed tests to quantify the emissions from the combustion of sustainable aviation fuels.
Embraer’s Phenom 300E and Praetor 600 aircraft complete 100% SAF flight tests
Embraer announced it has successfully tested the Phenom 300E and Praetor 600 on 100% neat SAF.
EXMAR hits milestone to equip new Midsize Gas Carriers with ammonia dual-fuel engines
EXMAR LPG BV is going ahead with ammonia as fuel for two Midsize Gas Carriers on order at Hyundai Mipo Dockyard in South Korea.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
