Refining
Colombia's diesel price hike leads to trucker strike and unrest
Colombia's decision to reverse a diesel price hike that sparked a strike by truckers could adversely affect public finances, as majority state-owned energy company Ecopetrol said it would begin shutting off some operations amid the unrest.
Fire at Moscow refinery will not cause fuel shortages, minister says
A recent fire, caused by a drone strike, at a major Moscow refinery will not lead to fuel shortages in the region as production from other refineries would compensate for the temporary disruption.
Asia refining margins at lowest seasonal levels since 2020 as supplies grow
Asian refiners' margins slumped to their lowest seasonal levels since 2020 this week as supplies of diesel and gasoline rose after peak summer travel demand ended
Port of Rotterdam power outage affects bp's refining operations
A power outage in the Rotterdam port area in the Netherlands briefly interrupted operations at bp's 400,000-bpd oil refinery.
Marathon's Detroit refinery workers to strike starting Wednesday, Teamsters says
About half of the workforce at Marathon Petroleum's Detroit (U.S.) refinery will begin striking on Wednesday, following months of unsuccessful negotiations over pay and safety concerns.
Oxylus Energy raises $4.5 MM seed round for clean fuel technology
Oxylus' solution is the first low-temperature and low-pressure conversion of carbon dioxide to green methanol. The methanol can be used as a drop-in fuel replacement or upgraded to jet fuel and other green petrochemicals.
Nigeria's Dangote refinery releases gasoline into the local market
Nigeria's $20-B Dangote oil refinery on Tuesday has begun supplying gasoline into the Nigerian market, a move its owner Aliko Dangote said will end billions of dollars spent on imports.
Russia says Ukrainian drones target refinery, power plants near Moscow
Ukraine launched waves of drone attacks targeting power plants and a refinery near Moscow, sparking fires, while more than 150 drones were destroyed across other parts of the country.
Germany extends trusteeship over Rosneft assets
The German government extended its trusteeship over the local units of Russia's Rosneft until March 10 next year in anticipation of a sale of the assets to Qatar.
South Korea plans mix of sustainable aviation fuel for international flights from 2027
South Korea aims to ensure all departing international flights use a mix of about 1% of sustainable aviation fuel (SAF) from 2027. The step aims to prepare for a carbon offset and reduction scheme that becomes mandatory for members of the International Civil Aviation Organization (ICAO) starting from that year.
- Michelin, IFPEN and Axens announce successful progress in BioButterfly™ R&D project to produce biobased butadiene from bioethanol 12/11
- UPM launches the first bio-based, NIR-detectable, carbon-negative pigment for premium packaging 12/11
- Five mega-trends reshaping the global energy and resources landscape in 2025 12/11
- RCI, nova-Institut unveil new carbon label for products, intermediates and raw materials 12/11
- SK Energy secures in-house access to feedstock to create Korea's first vertical integration for waste plastics recycling 12/11
- Petronet LNG secures loan for 750,000-tpy PDH/PP project in India 12/11
