Methanol
Venezuela's oil, fuel exports approach 1 MMbpd fueled by sales to Asia
Venezuela's oil exports jumped last month on higher sales to its mainstay Asia customers, and approached 1 MMbpd, a level not seen since early 2020.
Hapag-Lloyd concludes long-term offtake agreement for green methanol
Hapag-Lloyd has reached an agreement with Goldwind, a global strategic partner in clean energy with headquarters in Beijing, China, for the delivery of 250,000 tpy of green methanol.
Maersk could use 15%–20% alternative fuels for its fleet in 2030
Alternative fuels could account for up to a fifth of A.P. Moller-Maersk's marine fuel consumption in 2030 as part of its goal to reach net zero by 2040.
Clariant’s MegaMax™ catalysts to power China’s first biomass-to-green methanol project
Clariant's MegaMax catalyst was selected for a China’s biomass gasification-to-green methanol project. The plant will use a combination of farm waste and wind power to produce up to 250,000 tpy of green methanol in two phases by 2027.
Qair to develop 200,000-tpy e-methanol project on Haropa Port site in Le Havre (France)
Renewable energy company Qair announced that it has been awarded a parcel on Haropa Port site, in Le Havre, France, to develop its 200,000-tpy e-methanol production project Methavert.
Oman's OQ to list up to 49% stake in methanol, ammonia and LPG arm
Oman's OQ Base Industries, the methanol, ammonia and LPG arm of state-owned OQ, plans to list an up to 49% stake on the local stock exchange. The listing is part of a privatization program by state-owned energy group OQ to diversify its economy and cut its debt.
Maersk signs long-term methanol sourcing deal
Maersk has entered into a long-term bio-methanol offtake agreement with LONGi Green Energy Technology Co. Ltd. The agreement will contribute to lowering GHG emissions from Maersk’s growing fleet of dual-fuel methanol container vessels.
Vast and GGS Energy to bring CSP-powered green methanol and SAF to the U.S.
Vast Renewables Ltd., a renewable energy company specializing in concentrated solar thermal power (CSP) systems that generate zero-carbon, utility-scale electricity and industrial process heat, has signed a development services agreement with GGS Energy LLC, a leading energy transition development company with deep project development experience, to pursue a commercial-scale synthetic fuels project in the Southwest U.S. (Project Bravo).
Splitwaters signs agreement for engineering design of eMethanol plant with Destiny Energy
Houston, Texas-based Splitwaters has announced that it has signed an agreement with Singapore-based Destiny Energy to perform engineering design for an innovative eMethanol facility in Europe.
Power2X and Advario to develop world-scale e-SAF hub in the Port of Rotterdam
In partnership, Power2X and Advario are developing a world-scale production and storage hub for sustainable aviation fuel (e-SAF) and synthetic, ultra-low carbon fuels in the Port of Rotterdam.
- Carbon capture tops agenda at GPAE Conference 2025 6/17
- INEOS to cease phenol production at German site, cites high European energy costs and CO2 tax policy 6/17
- Petrobras signs $892 MM in contracts to complete RNEST Train 2 refinery expansion 6/17
- China's May refinery throughput at 9-month low on plant overhauls (1) 6/17
- bp completes turnaround work at 250,000-bpd refinery in Washington (U.S.) 6/17
- Japan's Eneos restarts 77,000-bpd Kawasaki CDU after unplanned shutdown 6/17
