Economics
ConocoPhillips to buy Marathon Oil in $22.5-B deal as energy mergers roll on
ConocoPhillips has agreed to buy Marathon Oil in a $22.5-B, the latest in a series of mega-mergers in the oil and gas industry as companies look to bolster reserves.
U.S. biodiesel imports have doubled since 2022
Annual U.S. biodiesel imports doubled from 2022 to 2023 to 33,000 bpd and continued to rise in the first two months of 2024.
Capsol Technologies to list on the Norwegian stock exchange
Capsol Technologies ASA, a leading provider of carbon capture solutions, has announced its plans to list the company on the main board of Norway’s stock exchange, Euronext’s Oslo Børs.
India's Reliance signs 1-yr deal to buy Russian oil in roubles
India's Reliance Industries, operator of the world's biggest refining complex, has signed a 1-yr deal with Russia's Rosneft to buy at least 3 MMbbl of oil a month in roubles.
Hungary government to discuss fuel prices again despite recent falls
Hungarian Prime Minister Viktor Orban's cabinet will discuss fuel prices again despite a recent fall in prices driven by government pressure on traders to align prices with levels elsewhere in the region.
Colonial pipeline (U.S.) halts some fuel deliveries for maintenance
The Colonial Pipeline, the largest refined fuel pipeline in the U.S., conducted system maintenance on Thursday that required a temporary halt of some deliveries.
India's use of crude tankers to export diesel slows in May
Indian refiners' use of crude oil vessels to ship refined fuels such as diesel to key European markets has diminished in May after volumes neared two-year high levels last month.
Russia lifts petrol export ban to get rid of surplus fuel
Russia has saturated the domestic market with fuel, which is why it decided to lift a ban on gasoline exports to get rid of surplus.
Vietnam's Binh Son refinery plans new share issue to fund $1.5-B expansion
Vietnam's Binh Son Refining and Petrochemical said it plans to issue new shares as part of its efforts to fund a $1.5-B project to expand and upgrade its Dung Quat refinery.
A multi-objective optimization study for an integrated oil refinery-petrochemical plant—Part 1
The study of the ideal integration of an oil refinery and an ethylene production facility has regained interest due to the rising costs of crude oil and its derivatives. This study proposes a multi-objective optimization approach that maximizes the net profit and production of ethylene and propylene in an integrated plant.
- Digital Exclusive (sponsored): NXRe™: A novel recycling technology to support the plastics industry in creating efficient and effective circular value chains 12/22
- Portugal's Galp plans to start producing biofuels in 2026 12/20
- Prax and Shell call off deal on stake in PCK Schwedt oil refinery 12/20
- Nigeria's Dangote Refinery hits 85% refining capacity 12/20
- India's BPCL buys first Argentinian crude oil cargo for Feb. delivery 12/20
- Sinopec's Zhenhai oil refinery expands capacity to 40 MMtpy 12/20
