Products
Indonesia's biodiesel policy, dry weather to keep palm oil prices elevated
Indonesia's biodiesel policy and the likely emergence of the El Nino weather pattern could further strain global inventories of the most used cooking oil, lifting prices later this year, leading industry officials and analysts said.
bp CEO: Fuel efficiency has a bigger impact on demand vs. EVs
Fuel efficiency in new light vehicles is having a bigger impact on fuel demand than rising sales of electric vehicles, bp Chief Executive Bernard Looney said at CERAweek.
U.S. policy is conducive for new investments in energy transition said Repsol's CEO
The U.S, is attracting investment in renewables, hydrogen, biofuels, etc. through new legislation, while the EU's rules could deter investors, Repsol's CEO said at CERAweek.
AWS unveils startups selected for the Clean Energy Accelerator 3.0 program
Amazon Web Services (AWS) announced the startups selected for the Clean Energy Accelerator 3.0. The program is designed to facilitate collaborations with mature startups developing breakthrough clean energy technologies.
Lukoil has begun ship-to-ship loadings of ULSD
Russian oil producer Lukoil has started ship-to-ship (STS) loadings of ultra-low-sulfur diesel (ULSD) off its western exclave of Kaliningrad.
Chinese diesel/gasoline exports continue to rise
China's diesel exports rose for a second month in December, while gasoline exports climbed for a third month, as the country's COVID outbreak limited domestic fuel demand, and refiners utilized their expanded yearly export quotas.
Cepsa to invest more than $3.8 B in sustainable energy/mobility by 2027
Spanish oil and gas company Cepsa plans to nearly double its investments over the next three years to a total of 3.6 B euros ($3.82 B), with more than half of that amount going to sustainable energy and mobility.
Tunisia imported record number of Russian diesel/gasoil in February
Tunisia imported record volumes of Russian gasoil and diesel last month as an EU embargo forced Moscow to find new customers for its oil products.
Vietnam's Long Son petrochemicals complex to start operations by mid-year
Long Son Petrochemicals will start commercial production at its petrochemical complex in southern Vietnam by mid-2023.
Egypt increases gasoline prices in line with global levels
Egypt raised domestic gasoline prices, bringing them more in line with global levels but risking further public discontent after a year of rising inflation, a weakening currency and a series of austerity measures.
- DHL and Sasol join hydrogen firm HH2E on sustainable jet fuel project 9/25
- Indorama Ventures achieves 100 billion PET bottles recycling milestone 9/25
- Worley awarded FEED for QatarEnergy LNG’s largest CO2 sequestration project 9/25
- Renault to maintain mixed ethanol combustion engines in Brazil 9/25
- Fire at Kuwait's Mina Al Ahmadi refinery put out, production, exports unaffected 9/25
- South Korea's SK Energy offers more October gasoil 9/25
