Storage
Singapore marine fuel sales slip to lowest in 20 months
Singapore marine fuel sales fell to their lowest in 20 months in February.
North Ammonia, Höegh Evi to explore a clean ammonia supply chain from Norway to Europe
North Ammonia, a developer of renewable fuels of non-biological origin (RFNBO) ammonia facilities in Norway, and Höegh Evi, a global leader in marine energy infrastructure, have signed an agreement to explore a value chain for supplying hydrogen to European industrial users using green ammonia produced in Norway.
Pall Corporation and MTR Carbon Capture partner to advance carbon capture solutions
This partnership aims to promote a highly modular, scalable and cost-effective integrated solution leveraging MTR's pioneering Polaris™ membrane system for carbon capture and Pall's advanced filtration solutions for flue gas pre-treatment as well as innovative coalescer and filter technologies that safeguard critical assets throughout the carbon capture workflow.
Xodus appointed to one of Japan’s first large-scale CCS projects
Global energy consultancy Xodus has secured a landmark contract to support the development of an advanced carbon capture and storage (CCS) hub in Japan.
Marine fuel sales at top bunker hub Singapore log soft start to 2025
Sales of marine fuel at Singapore, the world's largest bunker hub, logged weaker volumes in the first month of 2025.
Alternative Chinese terminals emerge to take in sanctioned tankers
A handful of newer Chinese terminals recently began receiving oil tankers sanctioned by the U.S., according to five sources and shipping data, providing logistics relief after a major port operator unexpectedly banned such deliveries last month.
U.S. crude stockpiles build on ongoing refinery maintenance
U.S. crude oil inventories rose last week as refinery maintenance continued, while gasoline stockpiles posted a surprise draw.
Update: U.S. crude stocks rise as refiners cut production amid winter storms
U.S. crude stocks rose last week as refinery utilization slipped, the Energy Information Administration (EIA) said on Wednesday, as winter storms sweeping the country hit fuelmakers' operations and boosted distillates demand.
U.S. crude stockpiles hit near 3-yr low despite softer refinery demand
U.S. crude oil inventories slipped to their lowest level since March 2022 last week, even as refining activity fell sharply, cutting demand for crude.
European glut weighs on global gasoline margins
Gasoline stocks in Europe have hit a record high as exports dropped due to higher refinery runs in the U.S. and Nigeria, resulting in gasoline profit margins at European and U.S. oil refineries falling to a 15-month low in January.
- Dow Chemical delays construction on multi-billion-dollar Path2Zero project in Fort Saskatchewan, Alberta, Canada 4/25
- Asahi Kasei, Nobian, Furuya Metal and Mastermelt commence joint project to recycle metals, signaling a milestone towards circularity in the chlor-alkali industry 4/25
- India's Delhi plans to curb gasoline car sales, ban gas-guzzling bikes to shed polluter tag 4/25
- Automakers rush to meet surging China demand for long-range hybrids 4/25
- Aster Chemicals to bid for ExxonMobil's Singapore fuel stations 4/25
- Wärtsilä, Höegh Evi and partners complete development of world’s first floating ammonia-to-hydrogen cracker 4/25
