Economics
Elon Musk says oil and gas should not be demonized
Oil and gas should not be demonized in the medium-term, Elon Musk, the founder of electric car maker Tesla, but he also said it was important to reduce carbon emissions to preserve the planet.
Russia does not yet see grounds for lifting ban on winter diesel export
Russian Energy Minister Nikolai Shulginov said that the government does not yet see grounds for lifting the ban on the export of winter diesel.
India to allow diversion of up to 1.7 MMt of sugar for ethanol
India has decided to allow sugar mills to divert up to 1.7 MMt of sugar for ethanol production, as New Delhi aims to reduce disruptions in its ambitious biofuel program.
Ulstein Verft AS orders methanol-ready MAN 175D engines
Ulstein Verft AS, the Norwegian yard, has ordered 2 × 3 × MAN 12V175D-MEV methanol-ready engines in connection with the building of two Commissioning Service Operation Vessels for Bernhard Schulte Offshore, the offshore unit of international shipping corporation, Schulte Group.
Agreement to develop methanol solution for MAN four-stroke portfolio
MAN Energy Solutions has announced an agreement with Alfa Laval, the Swedish industrial concern, to develop a methanol fuel-supply solution for MAN four-stroke engines and its fuel-injection technology.
LOT Polish Airlines and SkyNRG partner for SAF offtake
LOT Polish Airlines and SkyNRG have joined forces to advance the aviation industry's sustainability efforts.
India will buy Venezuelan oil, says minister
India will buy Venezuelan oil as some refiners in the country have the capability to process heavy crude oil.
Fortescue gets €200 MM for Norway green ammonia plant
Australia's Fortescue said it received €200 MM from the European Union for its Holmaneset Project, a flagship green ammonia plant in Norway.
The Biden administration backs ethanol industry on low-emission aviation fuel tax credits
The Biden administration said it will recognize a methodology favored by the ethanol industry in guidance to companies looking to claim tax credits for SAF, a pivotal win for the politically powerful U.S. corn lobby.
Shell to sell Schwedt refinery stake to UK's Prax Group
Shell said it had agreed to sell its 37.5% stake in the PCK Schwedt oil refinery, which supplies most of Berlin's fuel, to Britain's Prax Group, attempting to draw a line under its co-ownership of an asset majority-owned by Russia's Rosneft.
- 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
