Economics
Maersk partners with Yokohama City and Mitsubishi Gas Chemical to develop green methanol bunkering infrastructure
This collaborative agreement will focus on the development of green methanol bunkering infrastructure in Yokohama as Maersk’s 16,000 TEU green methanol-powered container vessels will be delivered since 2024.
Brussels Airport encourages the use of SAF thanks to federal government support
To accelerate the sustainable development of the aviation sector and encourage the use of sustainable fuel, Brussels Airport Company, thanks to federal government support, will be granting a special financial contribution to promote its use.
China gives most refiners full crude import quotas for 2024
China has released 179.01 MMt of crude oil import quotas for 2024, 60% more than the January batch last year as almost all the refiners received their annual allocations.
Executive Viewpoint: A lifecycle assessment on chemically recycling plastics: A conversation with Neste’s Maiju Helin
HP spoke with Maiju Helin, Head of Sustainability and Regulatory Transformation Renewable Polymers and Chemicals, Neste, regarding Neste’s lifecycle assessment report on chemically recycling waste plastic.
China's first 2024 refined fuel export quotas flat vs. year ago
China has issued its first refined fuel export quotas for 2024 totaling 19 MMt, a volume unchanged from last year's and largely in line with market expectations.
NextDecade files to allow TotalEnergies to exit LNG stake
NextDecade has filed for a shelf registration that would allow TotalEnergies to sell its 17.5% stake in the U.S. LNG company over time.
Asian refiners face diesel supply glut in 2024
Diesel supply in Asia is set to jump in 2024 fueled by new refineries in the Middle East and robust exports from China, and is likely to outpace the region's world-leading demand growth.
Brazil's Petrobras mulls Mubadala refining partnership
Brazilian state-run oil company Petrobras said it will analyze a proposal from Abu Dhabi sovereign investor Mubadala on creating a strategic refining and biorefining partnership in the northeastern state of Bahia.
Foreign shareholders freeze participation in Russia's Arctic LNG 2
Foreign shareholders are suspending participation in the Arctic LNG 2 Russian liquefied natural gas (LNG) plant project due to sanctions.
More ships carrying oil avoid Red Sea route
At least two ships transporting oil or oil products between the U.S. Gulf Coast and India last week were re-routing from the Red Sea, as a U.S.-led coalition geared up to help safeguard vessels from attacks by Yemen's Houthi militants.
- Vioneo awards Lummus polypropylene contract for world's first industrial scale fossil-free plastics from green methanol facility 8/19
- Research: Developing an energy-saving, carbon-capturing method for making ethylene glycol 8/19
- Emerson announced the release of its new Rosemount 3144S temperature transmitter 8/19
- Chinese refiners sweep up Russian oil after Indian demand falls 8/19
- Indonesia plans quick-to-build oil refineries for U.S. crude 8/19
- Russia's ultra low-sulfur diesel exports from Primorsk scheduled to rise in August 8/19
