Economics
BASF installs first-of-its-kind floating solar system to power McIntosh (U.S.) production site
As part of its sustainability goal of achieving net zero CO2 emissions1 by 2050, BASF has installed an innovative proof-of-concept floating solar system at its McIntosh, Alabama manufacturing site.
Shell publishes reports on Sustainability, Climate & Energy Transition Lobbying and Payments to Governments
Shell plc has published its 2022 Sustainability Report, its 2022 Climate and Energy Transition Lobbying Report and its 2022 Payments to Governments Report.
Saudi Aramco boosts China investment with two refinery deals
Saudi Aramco raised its multi-billion dollar investment in China by finalizing and upgrading a planned joint venture in northeast China and acquiring an expanded stake in a privately controlled petrochemical group.
Preem performs successful productions tests of Enviro’s recovered pyrolysis oil
Scandinavian Enviro Systems has been informed that the fuel company Preem has performed successful production tests of the recovered pyrolysis oil that Enviro recently supplied.
Russia diesel exports to Brazil, Turkey and Africa seen hitting new high
Russia's diesel and gasoil shipments to Brazil, Turkey and Africa were heading to new record highs in March as traders pushed into new markets following an EU ban on Russian oil products.
Colombia's Ecopetrol must grow oil, gas output to fund transition
Colombia's Ecopetrol must focus on growing its oil and gas production to fund the transition towards renewables.
Chevron Lummus Global announces ISOFINISHING Award from BPCL
Chevron Lummus Global LLC announced that Bharat Petroleum Corp. Ltd. has selected its ISOFINISHING technology for a catalytic processing unit at the Mumbai Refinery in Mumbai, India.
U.S. imposes fresh sanctions on Myanmar, targets jet fuel suppliers
The United States on Friday announced further sanctions against Myanmar, targeting the supply of jet fuel to Myanmar's military following air strikes in civilian populated areas.
German transport minister 'optimistic' EU e-fuels stand-off will be resolved
Germany's transport minister on Friday said he was optimistic a dispute between Berlin and Brussels over the future of combustion engine cars running on e-fuels was close to resolution, though some questions still needed clarifying.
Investors urge European chemical makers to take action on emissions
Investors managing more than $4 T in assets have told European chemical companies they must set out a path to move away from fossil fuels, saying that the sector's role in greenhouse gas emissions has been overlooked.
- 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
