Economics
Ryanair purchases 1,000 tons of SAF from Shell
Ryanair announced that it has purchased 1,000 tons of SAF from global energy group, Shell, and will be supplied to the airline at its Stansted Airport base.
Dow and Procter & Gamble to develop a new proprietary recycling technology targeting hard-to-recycle plastic waste
Dow and the Procter & Gamble Company announced a joint development agreement to create a new recycling technology to enable efficient conversion of hard-to-recycle plastic packaging into recycled polyethylene with near-virgin quality and a low greenhouse gas emissions footprint.
Maersk's ECO Delivery Ocean leading the green transition with biofuels and methanol
Strong growth for Maersk ECO Delivery Ocean product in 2023. Over 200 customers saved more than 680,000 tons of GHG emissions. Retail, lifestyle, automotive and FMCG companies are the pioneers.
Ørsted selected by U.S. Department of Energy to receive funding for Star e-Methanol facility
Ørsted announced it has been selected by the Department of Energy Office of Clean Energy Demonstrations to begin award negotiations for up to $100 MM in federal funding to construct a groundbreaking Power-to-X facility, called Star e-Methanol, along the Texas Gulf Coast.
Methanol-fueled "Ane Maersk" arrives at Port of Hamburg
The "Ane Maersk", the world's first large methanol-capable container ship operated by the Maersk shipping company with a capacity of more than 16,000 TEU, moored at Eurogate Container Terminal Hamburg for the first time on its maiden voyage from Asia to Europe.
Russia's Novak says there's no need for diesel export ban
There is no need for Russia to ban exports of diesel to tackle rising prices and possible shortages of the fuel after drone attacks reduced refining capacity.
NextChem Tech selected as engineering and technology partner for Aliplast’s upcycling plant project in Italy
NextChem Tech has been selected as engineering and technology partner for a new plastic upcycling project to be implemented in Modena by Aliplast, a company part of Hera Group and responsible for the recycling and conversion of plastic waste.
Russia's Ryazan oil refinery restores crude processing to 60% of pre-attack level
Russia's Ryazan oil plant resumed operations at primary oil refining unit CDU-4 this week, increasing its total crude intake to 60% of normal capacity or 169,000 bpd.
Global refinery capacity totaling 3.6 MM bpd at high-risk of closure
As much as 3.6 MM bpd of global refinery capacity has been assessed as being under high-risk of closure, according to Wood Mackenzie’s latest refinery closure threat analysis.
More than 20% of global oil refining capacity at risk, analysis finds
More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published, as gasoline margins weaken and the pressure to reduce carbon emissions mounts.
- TotalEnergies extends its fuel price cap policy in France until the end of April 4/7
- Navigating the montan wax challenge with renewable alternatives for polymers 4/7
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
