Economics
Fuel tanker Luggati loads at Novatek's Ust-Luga terminal
The tanker Luggati is being loaded at Novatek's NVTK.MM terminal at the Baltic Sea port of Ust-Luga, where the company's fuel-producing complex was damaged by fire in January.
Maintenance shutdown planned for Czech Litvinov oil refinery in April-May
Czech oil refiner Unipetrol will perform maintenance on its 109,000 bpd Litvinov oil refinery from April 4 to May 15.
Chevron Lummus Global and Hongrun Petrochemical commission all-hydroprocessing white oil unit
Chevron Lummus Global LLC announced the successful commissioning of the world's largest white oil hydroprocessing unit for Hongrun Petrochemical Co., Ltd. in Weifang, Shandong Province, China.
Norway to add more Arctic acreage for oil and gas drilling
Norway plans to add another 37 blocks to its annual so-called pre-defined areas oil and gas licensing round in the Norwegian Sea and the Barents Sea.
Traders divert Russian oil products around Africa to avoid Red Sea
Traders were diverting cargoes with Russian oil products around Africa to avoid the Red Sea due to a heightened risk of attacks by Yemen’s Iran-aligned Houthi group.
Well-stocked U.S. fuel markets shrug off January's arctic blast
A bitter January cold snap that knocked out 15% of Gulf Coast refining capacity had little effect on fuel prices, with two months of rising stockpiles helping U.S. markets avoid the extreme volatility seen during recent winter freezes.
Airbus, Avinor, SAS, Swedavia and Vattenfall pave the way for hydrogen aviation in Sweden and Norway
Airbus, Avinor, SAS, Swedavia and Vattenfall have signed a Memorandum of Understanding to investigate the feasibility of a hydrogen infrastructure at airports in Sweden and Norway.
India sugar industry wants more sugar used for ethanol as supply improves
The Indian sugar industry urged the government to allow more sugar to be diverted for the production of ethanol, citing improved supply after unseasonable rainfall in key cane-growing states in 2023.
Return of U.S. oil sanctions on Venezuela to hit revenue, fuel imports
The return of U.S. sanctions on Venezuela's oil and gas sectors would hurt the OPEC country's ability to collect cash from its oil exports, crimp new energy investments and raise the risks of domestic fuel scarcity.
Nextchem awarded licensing and engineering design package for Norsk e-fuel’s first industrial scale e-fuel plants located in Norway
NextChem has signed a contract with Paul Wurth S.A. and Norsk e-Fuel AS for a licensing and engineering design package relating to NX CPO to be applied in the first industrial scale plant able to produce SAF from green hydrogen and biogenic CO2 in Mosjøen, Norway.
- Japan's Taiyo Oil to shut two CDUs at Shikoku refinery for maintenance 12/26
- Indian Oil to invest $7 B in naphtha cracker project 12/26
- John Cockerill, Johnson Matthey and ETFuels partner for 120,000-tpy Texas (U.S.) e-methanol project 12/24
- Saudi Arabia was top buyer of Russian fuel oil and VGO in November 12/23
- 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
