Economics
Infinium’s Project Pathfinder is world’s first fully operational eFuels facility
Electrofuels leader Infinium is now successfully operating the world’s first commercial scale facility making drop-in ready eFuels in Corpus Christi, Texas (U.S).
Yokogawa launches OpreX Robot Management Core
Yokogawa Electric Corporation announced the development and release of OpreX Robot Management Core, a software application in the OpreX Asset Management and Integrity family and will go on sale on March 22, 2024.
ITT invests $11 MM to enhance pump testing in Germany, India, and Saudi Arabia, aiding growth and large project ventures
ITT Inc. announced an approximately $11-MM investment to expand testing capabilities at three of its industrial process sites to enhance capacity for large project awards in its flow business, reinforcing the company’s commitment to an exceptional customer experience.
Rem Offshore orders next generation vessel powered by dual-fuel methanol engines
Rem Offshore and Myklebust Verft have signed a contract for the construction of an Energy Subsea Construction Vessel with a 250 ton crane and will be equipped with dual-fuel methanol engines in combination with battery packs.
Singapore's middle distillates stocks dip slightly as net exports surge
Singapore's middle distillates inventories slipped by 4% from last week as net exports of diesel/gasoil and jet fuel/kerosene surged.
Samsung Engineering rebrands name to 'SAMSUNG E&A'
The company name change to SAMSUNG E&A CO., LTD. was confirmed during the 57’s general shareholders' meeting on 21 March 2024, where the change of articles of incorporation were passed.
BASF breaks ground on methyl glycol plant at Zhanjiang Verbund site in China
BASF has broken ground on a methyl glycols plant at its Verbund site in Zhanjiang, China and is designed with an annual capacity of 46,000 metric tons and aims to meet the rapidly growing demand for brake fluids in the region.
U.S. crude and gasoline stockpiles fall as refining ramps up
U.S. crude oil stockpiles fell unexpectedly last week as exports rose and refiners continued to increase activity, while gasoline inventories decreased more than expected.
Russia considers altering maintenance schedule at oil refineries
Russian Energy Minister Nikolai Shulginov said that the government and companies are in discussions about changes to the schedule of maintenance at oil refineries to tackle damaged downstream capacity.
Mingca Packaging and ExxonMobil introduce innovative double bubble polyethylene-based shrink film solution
Shantou Mingca Packaging Co Ltd and ExxonMobil Asia Pacific Research & Development Co., Ltd announced an innovative double bubble Polyethylene-based Shrink Film solution, the next generation of Polyolefin Shrink Film, created using ultra-low density Exceed XP performance polyethylene.
- Holland America starts pilot tests using renewable fuels on cruise liner 5/3
- U.S. admin sets path for ethanol aviation fuel subsidies 5/3
- Ryazan refinery (Russia) hit by drone strike 5/3
- Novatek's new Ust-Luga condensate unit set for June testing 5/3
- Thiozen pilot successfully produces zero-emission H2 from sour gas waste streams 5/3
- Mexico's Pemex exported 20,000 bpd of crude, fuel to Cuba in H2 2023 5/3