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Economics

Valin Corporation celebrates 50th anniversary

Valin Corporation, a provider of technical solutions for technology, energy, life sciences, natural resources, and transportation industries, is celebrating its 50th anniversary this year.

Acelen Renewables selects Honeywell for SAF and renewable diesel fuel production

Honeywell announced that Acelen Renewables has selected its Ecofining technology to help support the efficient production of a targeted 20,000 bpd of SAF and renewable diesel.

Woodside says Santos merger talks still at early stage as it forecasts higher production

Woodside Energy CEO Meg O'Neill said there was no recent precedent for sizable premiums in oil and gas deals as the producer reported it was still in the early stages of talks over a potential $52-B merger with Santos.

Russia's Novatek resumes fuel loadings at damaged Ust-Luga terminal

Russian energy company Novatek resumed fuel loadings at its Baltic Sea Ust-Luga terminal, damaged in a suspected drone attack.

Two-day strike to hit output, delivery from Neste oil refinery

A planned two-day strike action by Finnish industrial workers early next month will hit output and supply from Neste's oil refinery in Finland.

Solvay and Huatai expand hydrogen peroxide capacity in China to meet growing photovoltaic demand

Solvay is further extending its leadership position in the global hydrogen peroxide market by expanding the capacity of its Shandong Huatai Interox Chemical site in China.

Solvay Peroxides in Finland to reduce its transportation carbon footprint

Solvay is partnering with transportation providers Kiitosimeon and Adams Logistics to reduce the carbon footprint of its facility in Voikkaa, Finland.

Uganda in talks with UAE investment firm over planned oil refinery

Uganda is negotiating with an investment company led by a member of Dubai's royal family to develop a planned $4-B refinery for some of its crude oil.

Russia's Ust-Luga port continues crude, fuel exports while Novatek terminal shut

The Baltic Sea port of Ust-Luga was exporting crude oil and fuel apart from at Novatek's terminal which remained closed after being damaged by fire.

UAE's ADNOC sells more fuel oil from Ruwais refinery in January

UAE's Abu Dhabi National Oil Company has sold more straight-run fuel oil from its Ruwais refinery complex this month via private sales.