Economics
China's March diesel, jet fuel exports surge; gasoline down 34%
China's diesel exports shipments surged to 1.44 million tons, up 113.8% in March, from 0.67 million tons a year ago, data from the General Administration of Customs showed.
Deutsche Bahn to purchase 13,000 tons of Neste MY Renewable Diesel
Deutsche Bahn is expanding its use of renewable diesel significantly this year by purchasing around 13,300 tons of renewable diesel produced by Neste.
Brazil's Acelen to invest $2.44 B in renewable diesel business
Mubadala Capital backed-Acelen will invest $2.44 B over 10 years to make "green" diesel and jet fuel in Brazil, starting in 2026, in a move that will place the company among global leaders in this segment.
Neste and Q8 collaborate to make Neste MY Renewable Diesel available in the Danish market
Thanks to a strategic cooperation between Q8 and Neste, the heavy transport sector operators can buy Neste MY Renewable Diesel, at nine Q8 stations in Denmark from 17 April 2023 onwards.
Apical’s joint venture with Cepsa to build the largest 2G biofuels plant in southern Europe
Apical has established a joint venture with Cepsa to produce second generation biofuels by constructing the largest plant in southern Europe.
Seeq achieves AWS Manufacturing and Industrial Competency
Seeq Corporation announced that it has achieved the Amazon Web Services Manufacturing and Industrial Competency.
Spain's Cepsa teams up with Apical to build $1-B biofuels plant
Spanish oil company Cepsa teamed up with vegetable oil processor Apical Group’s Bio-Oils unit to build a second-generation biofuels plant in southern Spain, a $1.11-B project.
Biden admin greenlights LNG exports from Alaska project
The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project that one day could help the United States compete with Russia to ship natural gas from the Arctic to Asia.
Aether options site for future production facility
Aether Fuels announced a real-estate agreement with the Smith County Economic Development District in Mississippi.
Oil products shipments disrupted at two TotalEnergies refineries
Oil products shipments from TotalEnergies' Donges and La Mede refineries were disrupted on Thursday with 20% of operational staff having joined strike action over the government's pension reforms.
- Emerson's Aspen Technology business releases new software with expanded AI capabilities, enhanced visualization and simplified workflows 5/13
- LanzaJet and BioD announce feasibility study for SAF plant in Colombia 5/13
- U.S. House targets big climate, clean energy rollbacks in budget proposal 5/13
- Chevron attempting to restart El Segundo, California refinery after taking units offline last week 5/13
- Mexico's Pemex plans to export less crude oil as new refinery starts up 5/13
- BASF is expanding its portfolio of raw materials for the production of concrete superplasticizers for the construction industry in the European market 5/13
