Economics
China's Nov diesel exports down 44.9% on last year despite weak domestic demand
China's diesel exports in November were down 44.9% on last year at 1.16 MMt, as domestic demand remains above pandemic levels but faces continued headwinds from the country's property slowdown.
U.S. EPA sends Midwest ethanol expansion request to White House
The U.S. Environmental Protection Agency has asked the White House to approve a rule that would allow expanded sales of higher-ethanol gasoline to be sold in certain Midwestern states, after governors from those states requested it.
Technip Energies to support Dow's net-zero ethylene cracker in Canada with technology and services
Technip Energies has been selected to provide Proprietary Technology, Engineering, and Procurement services for Dow’s net-zero Scope 1 and 2 emissions integrated ethylene cracker in Fort Saskatchewan, Alberta, Canada
Nextchem awarded licensing, process design and catalyst supply for biodegradable plastics intermediates in China
Maire announces that Nextchem, through its biodegradable plastics technology licensor CONSER, has been awarded technology licensing and catalyst supply by a prominent client, as part of a larger project located in Northwestern China.
Norsk e-Fuel enlists Paul Wurth for FEED study on first e-fuel plant with Axens Technologies
Norsk e-Fuel selects SMS group subsidiary Paul Wurth to engineer and design one of the worldwide first industrial sized e-Fuel production sites in Mosjøen, Norway.
Neste's Finnish crude oil refinery will gradually become a hub for renewable and circular solutions
Neste has completed the strategic study launched in September 2022, and begins a gradual transformation of its crude oil refinery in Porvoo, Finland into a leading renewable and circular solutions refining hub.
Disruptions in Red Sea unlikely to have large effects on oil, LNG
The disruption to energy flows in the Red Sea is unlikely to have large effects on crude oil and LNG prices as vessel redirection opportunities imply that production should not be directly affected.
Bain-backed biofuels refiner ties up with China firm to source feedstock
Bain Capital-backed biofuels refiner EcoCeres has tied up with a waste management firm backed by the Chinese city of Shenzhen to source feedstock as it expands production of low-carbon fuels to meet fast-growing demand.
Slovakia wins EU OK on Russian oil-based products sales to Czech Republic
The European Union has granted Slovakia a one-year extension on exporting fuels produced from Russian oil to the Czech Republic.
Nextchem awarded new project in the UAE for the transformation of solid waste into SAF
Maire announces that Nextchem, through its subsidiary MyRechemical, has been awarded a feasibility study for the integration of its proprietary Waste-to-Syngas technology in a large-scale conversion plant that would transform solid municipal waste into SAF.
- Shell shuts down Singapore oil processing unit to investigate leak 12/27
- Peru declares environmental emergency after oil spill 12/27
- New York (U.S.) to fine fossil fuel companies $75 B under new climate law 12/27
- BPCL plans $11-B refinery and petrochemical project in South India 12/26
- Mexico's new Olmeca refinery operated at 17% of capacity in November 12/26
- Relevant Industrial announces acquisition of Loy Instrument Inc. 12/26
