Economics
DCC Energy and Oberon Fuels to boost renewable dimethyl ether production to reduce emissions of European LPG market
DCC plc, the leading international sales, marketing and support services group, has partnered with Oberon Fuels, to advance the design, construction and operations of multiple renewable DME production plants in Europe.
CNOOC, Shell JV sign $5.6-B agreement to expand ethylene plant in China
CNOOC and Shell Petrochemicals Company Ltd signed a framework agreement worth $5.6-B with China’s Huizhou city government to expand its ethylene project in the city.
Australia heads for second year of record gasoline, diesel imports
Australia's gasoline and diesel imports are expected to rise 2% to hit a record for a second straight year due to a drop in domestic production and a post-COVID economic recovery boosting fuel demand.
Portugal's EDP to stick with EV charging target after EU e-fuel compromise
Portugal's largest utility, EDP, said a compromise by the European Commission to allow the sale of cars running on e-fuels after 2035 would not impact the company’s target to roll out electric vehicle charging stations.
China's mega private refineries to keep output high to April as margins improve
China's mega private refineries are expected to operate at full processing rates or higher until April as their margins have improved after the government lifted COVID-19 restrictions.
With strict targets looming, European aviation races to make green fuel
Energy giant Repsol has bought into Europe's drive for green jet fuel but believes the $217-MM plant it is building in southeast Spain faces a bumpier ride than if it was on the other side of the Atlantic.
CIB to invest C$277-MM in Shell-Suncor biorefinery in Quebec
Canada Infrastructure Bank (CIB) said on Monday it would invest C$277-MM in a carbon recycling facility in Quebec run by a joint-venture backed by Shell and Suncor Energy Inc.
French strikes keep record crude volumes on the water, crash storage levels
French strike action has led to record amounts of crude and condensate sitting idly offshore while the country's crude stocks have plummeted.
Borouge supplies materials worth $32 M for mega projects in the Middle East and Africa
Borouge Plc is supplying sustainable ‘Made in UAE’ polyethylene materials worth $32 M that are used in several development projects across the Middle East and Africa regions.
Evonik Catalysts invests in capacity expansion to support Activated Nickel Catalysts market
Evonik Catalysts is fully on track to expand its production capacities for activated nickel powder catalysts marketed under the KALCAT and Metalyst brands at its production sites in Germany, and India.
- 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
