Economics
CITGO enters EV space with pilot program in Michigan (U.S.)
CITGO Petroleum Corporation, along with longtime Marketer Folk Oil Company, recently launched an electric vehicle charging pilot program designed to meet the needs of EV drivers in Battle Creek, Michigan.
Regional hydrogen hubs set to kickstart Australia’s hydrogen industry
The Australian Hydrogen Council today congratulates the Australian Government on the announcement of a $140-MM agreement with the Western Australian Government to progress a hydrogen hub in the Pilbara region of Western Australia.
Foundation stone laid for Qatar’s $6-B Ras Laffan petchem complex, production to rise to 14 MMtpy by 2026
His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, laid the foundation stone for the Ras Laffan Petrochemical Complex, one of the largest in the world, which will raise Qatar’s overall petrochemical production capacity to about 14 MMtpy by the end of 2026.
Australia’s Ampol to upgrade Lytton refinery, posts 1.1% rise in annual profit
Australia’s Ampol Ltd said it intends to upgrade its Lytton refinery located in Queensland to align its gasoline production quality to comply with the latest standards for both regular and premium gasoline grades.
Topsoe ammonia technology to boost Approtium's hydrogen production in South Korea
Topsoe has signed an engineering agreement with Approtium to deliver its proven ammonia cracking technology, H2RETAKE, converting low-carbon ammonia, also referred to as blue ammonia, back into hydrogen.
UAE's Fujairah January marine bunker sales rise to five-month highs
Marine bunker fuel sales at Fujairah port in the United Arab Emirates recovered to five-month highs in January, latest data showed, in line with stronger refueling demand globally following Red Sea events.
Singapore to impose green fuel levy on flights from 2026
Travelers will need to bear the cost of the transition towards green jet fuel, Singapore's transport minister said as he announced the city state's plans for a levy on flight ticket prices as the aviation industry seeks a viable funding model.
Aircastle announces investment commitment to SAF fund
Aircastle Limited announced that it has made an investment commitment to the United Airlines Ventures' Sustainable Flight Fund.
Evergreen Marine and X-Press Feeders sign MOA for green methanol shipping routes in Europe
Evergreen Marine Corporation has signed a MOA with X-Press Feeders to place its containers on X-Press Feeders’ new dual fuel green methanol vessels.
Russia cuts fuel oil supplies by rail for further export by 1.2% in January
Russia reduced fuel oil supplies via rail for further export by 1.2% in January from the same month a year ago and by 6.2% from December amid refinery outages.
- Chevron Phillips Chemical completes low-viscosity PAO expansion in Belgium 8/12
- AFPM: U.S. RFS proposal misses the mark on affordability, security by an ‘Iowa mile’ 8/12
- Sasol expects profit rebound on higher chemical prices and lower impairments 8/12
- Indonesia's Pertamina delivers first used cooking oil aviation fuel 8/12
- India's HMEL plans to shut refinery for 40-day maintenance, sources say 8/12
- Indian refiners using term deals as hedge against Russian supply risk 8/12
