Economics
Mexico president admits fuel production still short to reach energy self-sufficiency
Mexico will be short of the fuel it needs to meet President Andres Manuel's Lopez Obrador goal of energy self-sufficiency when his term ends this year, he said during a recent press conference.
Neste and PVG partner to enable households in Europe to heat their homes with a lower-emission heating kerosene
Neste is offering a new co-processed odorless heating kerosene as a lower-emission solution for portable liquid fuel heaters.
France drops plan to decrease farmers' diesel discount as tractors surround Paris
The French government dropped plans to gradually reduce state subsidies on agricultural diesel as angry farmers surrounded Paris and threatened to converge on the capital in their tractors.
Russia struggles to sell Pacific oil, 14 tankers stuck
More than a dozen tankers loaded with 10-MM barrels of Russia's Sokol grade crude oil have been stranded off the coast of South Korea for weeks, so far unsold due to U.S. sanctions and payment issues.
Geely's e-fuels solution to a carbon neutral future
Geely's investment in green methanol technology has resulted in the development of the methanol-powered Geely Emgrand M100 Hybrid, contributing to a significant reduction in oil dependence for Guiyang's taxi fleet.
Industry leaders, investors excited over grand opening of LanzaJet Freedom Pines Fuels
LanzaJet joined government officials, industry leaders, and investors to celebrate the grand opening of LanzaJet Freedom Pines Fuels in Soperton, Georgia.
LanzaJet celebrates grand opening of Freedom Pines Fuels Plant, the world’s first ethanol to SAF production facility
LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, joined government officials, industry leaders, partners, and supporters to open LanzaJet Freedom Pines Fuels, the world’s first ethanol to SAF production facility.
Shell to shut down German oil refinery
Shell will shut down its oil refinery in Wesseling, Germany by 2025 and convert the site to produce lubricant feedstock as part of its drive to reduce its carbon emissions.
Russia may cut naphtha exports by third after fires
Russia will likely cut exports of naphtha by some 127,500 - 136,000 bpd, or around a third of its total exports, after fires disrupted operations at refineries on the Baltic and Black Seas.
Guinea plans to replace blast-hit oil terminal in 2024
Guinea is studying proposals to build a new oil terminal in the capital Conakry within the next six to 12 months following an explosion in December that severely damaged its main storage facility.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
