Much like several initiatives passed in the 1970s and 1980s, the 1990s were a decade heavily focused on environmental issues, with many new regulations being enacted to not only mitigate industrial and vehicle emissions but also to advance the production of clean fuels globally.
The U.S. Department of Energy announced up to $32 MM in funding toward the research and development of new monitoring, measurement, and mitigation technologies to help detect and reduce methane emissions across oil and natural gas producing regions.
In case you missed any downstream news, here are the top stories from last week.
At the macroeconomic level, inflation will influence M&A through its impact on monetary policy and financial markets.
In case you missed any downstream news, here are the top stories from last week.
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.
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 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.
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.
In case you missed any downstream news, here are the top stories from last week.