Economics
Yara, BASF assess low-carbon blue ammonia project on US Gulf coast
Norway's Yara and chemicals giant BASF are looking into developing and building a low-carbon blue ammonia production facility in the U.S Gulf coast region, the two companies said in a joint statement.
Mexican airlines look to future SAF use
LATAM Airlines is considering issuing a so-called "green bond" as part of its sustainability strategy leading to SAF use.
Mexico's Pemex motor fuel production dipped last month
Motor fuel production from Mexico's state-owned oil company Pemex dipped last month, company data showed, falling short of ambitious government refining targets meant to wean the country off its long-standing dependence on foreign supplies.
Russia faces no domestic gasoline shortage with exports down
Russia's energy ministry said it sees no shortage of gasoline in the domestic market, with companies having cut their exports and increased production after gradually completing planned maintenance work.
Pertamina plans to start making bioethanol from sugarcane, cassava
Indonesian state energy company PT Pertamina plans to begin producing bioethanol from sugarcane and cassava this year, its CEO told a conference.
Norway approves more than $18 B in oil, gas investments
Norway's government said it has given approval for oil companies to develop 19 oil and gas fields with investments exceeding 200 billion Norwegian crowns ($18.51 billion), part of the country's strategy to extend production for decades to come.
Malaysia's Petronas sees domestic oil, gas output peaking by 2024
Malaysia's state energy firm Petronas sees its domestic oil and gas production peaking at about 2 million barrels of oil equivalent per day (boepd) by 2024, its exploration executives said.
Biden-Harris admin funds homegrown biofuels in California, investing in America agenda
U.S. Department of Agriculture Rural Development California State Director Maria Gallegos Herrera announced that USDA plans to invest up to $500 MM from President Biden’s Inflation Reduction Act to increase the availability of domestic biofuels and give Americans additional cleaner fuel options at the pump.
Axens builds on ExxonMobil MTBE Decomposition Technology for high purity isobutylene production
ExxonMobil Catalysts and Licensing LLC and Axens have signed an exclusive licensing alliance agreement allowing Axens to include ExxonMobil’s MTBE Decomposition Technology for high purity isobutylene in its portfolio.
BASF Venture Capital invests in startup DePoly SA
BASF Venture Capital GmbH announced an investment in the Swiss startup DePoly SA, a sustainable plastic solutions provider developing a unique chemical recycling technology.
- 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
