Economics
PetroChina's Jieyang refinery to receive first Venezuelan oil cargo
PetroChina's Jieyang refinery will receive its first direct crude oil cargo from Venezuela, according to trade sources and ship tracking data on Kpler, after Washington temporarily lifted sanctions on the OPEC producer.
Brazil's Raizen scouting locations for SAF plant
Brazil's largest sugar-cane ethanol producer, Raizen, has explored locations in Brazil for an ethanol-based SAF plant, aiming to build the world's second ethanol-to-jet fuel plant.
Air New Zealand seeks innovators in global search for SAF
Air New Zealand has launched a global open invitation to innovators and start-ups in the SAF sector to become a supply partner to the airline.
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.
- Pakistan-China to sign MoU on oil-to-chemicals complex in June 5/17
- China biofuel makers bet on sustainable aviation fuel 5/17
- AMETEK Land provides thermal imagers to large ethylene producer 5/17
- China's refinery output falls for first time in 20 mos due to maintenance 5/17
- Dow, SCG Chemicals sign MoU to transform 200,000 tpy of plastic waste into circular products 5/17
- Ukraine long-range attacks continue to disrupt Russian refining, energy operations 5/17
