Gasoline
The downstream rundown: In case you missed it 7/29
In case you missed any downstream news, here are the top stories from last week.
Eni confident it will replace Russian gas by 2025
Italian energy group Eni believes it will be able to completely replace Russian gas imports by 2025 as uncertainty over Moscow's energy supplies to Europe forces countries to seek alternative sources.
Petrobras lowers gasoline prices at refineries
The move is the second gasoline price cut by the oil giant this month and comes after it faced intense pressure from President Jair Bolsonaro and federal lawmakers to bring down prices amid soaring inflation and ahead of a general election in October.
Dow and Al-Hejailan Group sign MoU to build joint venture MDEA plant
Dow and the Al-Hejailan Group signed an MoU to form a joint venture to design, build and operate a methyl diethanolamine plant in the PlasChem Park in Saudi Arabia.
Avfuel, Neste collaborate to help business aviation reach net-zero goals faster
Given Neste’s expertise in renewable fuels and its fast-growing production capacity of SAF, Avfuel chose Neste as its strategic partner in January 2021 to develop an efficient and continuous supply of Neste MY Sustainable Aviation Fuel throughout North America and overseas.
The downstream rundown: In case you missed it 7/22
In case you missed any downstream news, here are the top stories from last week.
Nigeria petrol subsidy seen nearly 70% higher at $16.2 B next year
Nigeria could spend up to 6.72 T naira ($16.2 B) next year if it keeps a fuel subsidy in place, a nearly 70% jump from this year's budget.
BASF confirms final phase of MDI expansion at Geismar Verbund site
BASF is moving forward with the final phase of the expansion project for the methylene diphenyl diisocyanate (MDI) plant at its Verbund site in Geismar, Louisiana.
INNIO Waukesha and Detechtion Technologies announce technology collaboration
INNIO Waukesha Gas Engines Inc, and Detechtion Technologies Inc. announced a technology collaboration that will expand asset connectivity, drive a customer-centric digital ecosystem and empower our customers' transition to decarbonization.
Petrobras set to cut gasoline prices Wednesday
Brazil's Petrobras will reduce gasoline prices at its refineries by about 5% on Wednesday, the state-run oil company said in a statement, its first price cut since late 2021, making analysts review projections for the country's inflation.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
