Economics
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.
Vietnam's Binh Son refinery delays maintenance, expects 88% profit fall this year
Vietnam's Binh Son Refining and Petrochemical will delay the maintenance at its refinery until next year, and said it expects profits to drop 88% this year due to rising costs, including higher taxes.
European diesel refining margins at lowest since Russia's invasion
Benchmark Northwest European diesel refining margins dropped to $17.70 a barrel on Wednesday, their lowest since Feb. 25, 2022, a day after Russia launched its invasion of Ukraine.
AFPM: EPA vehicle proposal will “effectively ban gasoline and diesel vehicles,” advantaging China
EPA’s vehicle GHG proposal should be revised to account for lifecycle emissions, promote tech neutral competition and uphold consumer choice.
Petrochemical firms and Seoul city government partner to recycle plastic waste
The Seoul Metropolitan Government is partnering with domestic petrochemical companies to begin a pilot project for recycling plastic waste materials using thermal pyrolysis technology.
Lummus and RWDC Industries sign MoU accelerating PHA production at scale
Lummus Technology and RWDC Industries recently signed a memorandum of understanding to cooperate on global PHA deployment initiatives.
Maire Tecnimont completes the acquisition of the majority stake of Conser, expanding its technology portfolio in bio-degradable plastics
Maire Tecnimont S.p.A. announces that, through its subsidiary NextChem Holding S.p.A., it has finalized the acquisition of an 83.5% stake of Conser, a technology licensor and process engineering design company based in Rome, Italy.
Biden-Harris administration proposes strongest-ever pollution standards for cars and trucks
The U.S. Environmental Protection Agency announced new proposed federal vehicle emissions standards that will accelerate the ongoing transition to a clean vehicles future and tackle the climate crisis.
“Shark Tank” star Kevin O’Leary vows to build $14-B oil refinery in the US
Kevin O’Leary, star of “Shark Tank” and chairman of O’Leary Ventures announced his plans to build a $14-B oil refinery with the goal of reigniting America’s energy independence.
BASF gains ISCC PLUS certification to expand its VALERAS offerings for plastic additives
BASF announced that it has received the International Sustainability and Carbon Certification PLUS for certain grades of plastic additives produced at its manufacturing sites in Switzerland and United States.
- 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
