Economics
Denmark announces alliance on green fuels in India
Maersk, one of the founding members of the Green Fuels Alliance India, will take a seat on the steering committee as one of the representatives of the maritime industry for the conversations around green fuels.
Bulgaria replacing Russian crude with oil from Kazakhstan, Iraq, Tunisia
Bulgaria is replacing Russian oil imports with crude from Kazakhstan, Iraq and Tunisia in January, according to traders and LSEG data.
Oil tankers divert from Red Sea after U.S., UK strikes in Yemen
At least four oil tankers have diverted course from the Red Sea since overnight strikes by the U.S. and Britain on Houthi targets in Yemen, shipping data from LSEG and Kpler showed.
Korean Air to expand cargo SAF program with Yusen Logistics
Korean Air has partnered with Yusen Logistics, a global logistics company, to further promote the use of SAF in the air cargo industry.
European diesel refining margins rise after Yemen air strikes
Benchmark northwest European diesel refining margins rose to above $30 a barrel as intensifying conflict in the Red Sea increased concerns about potential supply disruptions.
Emerson named ‘Industrial IoT Company of the Year’
Global technology and software leader Emerson has been named the IoT Breakthrough “Industrial IoT Company of the Year” for the sixth year.
Infinium and Mo Industrial Park announce collaboration to develop commercial eFuels project in Northern Norway
eFuels provider Infinium and Mo Industrial Park have signed a Memorandum of Understanding to develop Norway’s first advanced eFuels production facility in Mo i Rana, Norway.
Kuwait's KPC offers high sulfur fuel oil for Feb-Apr
Kuwait Petroleum Corp has issued a semi-term tender offering high sulfur fuel oil for loading between February and April.
Singapore's middle distillates stocks at 5-mth low on higher jet fuel/kerosene exports
Singapore's middle distillates stockpiles hit a five-month low as higher jet fuel/kerosene exports outweighed declines in gasoil/diesel exports.
Alberta examines options for its investment in the Sturgeon Refinery
Alberta Premier Danielle Smith is exploring options to address the province's recent losses stemming from the Sturgeon Refinery.
- INEOS to invest €250 MM in Lavera cracker modernization project in France 11/19
- BASF adds ISCC EU certification to certified biomass-balanced methanol portfolio 11/19
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
