Economics
The Biden administration poised to deliver win for ethanol makers on SAF credits
The Biden administration is expected this week to recognize a soon-to-be-updated methodology favored by the ethanol industry in guidance to companies looking to claim tax credits for SAF.
CITGO Corpus Christi Refinery (U.S.) earns third Energy Star certification
For the third time in four years, the CITGO Corpus Christi Refinery has earned the U.S. Environmental Protection Agency's ENERGY STAR certification, distinguishing the plant as a leader in energy and environmental management in the petroleum industry.
Neste enables first Thai Airways flight using SAF in cooperation with PTT and Petco Trading
Thai Airways, the flag carrier airline of Thailand, operated its first flight using Neste MY Sustainable Aviation Fuel in December, 2023.
Woodside, Santos proposed $52-B tie-up unlikely to be sealed until at least Feb
Australia's Woodside Energy and rival Santos are unlikely to announce any agreement on a proposed $52-B tie-up to create a global oil and gas giant until at least February.
India's Nov Russian oil imports up 3% from Oct - trade
India's Russian oil imports in November rose to a 4-month high of 1.6 MM bpd, up 3.1% from October, making up about 36% of the nation's overall imports last month.
Neste plans turnaround at Porvoo refinery in spring 2024
Finland's Neste said it will have a major turnaround at its Porvoo refinery for about nine weeks between April and June next year.
Singapore fuel oil inventories rebound to near three-month highs
Residual fuel oil inventories at key trading hub Singapore rebounded to nearly three-month highs as net imports recovered after a sharp decline last week.
OMV, ADNOC close to agreeing deal for chemicals company tie up
Abu Dhabi National Oil Co is closing in on a deal with Austria's OMV to combine two entities in which the companies own stakes to create a chemicals giant.
Aramco to acquire a 40% stake in Gas & Oil Pakistan
Aramco, one of the world’s leading integrated energy and chemicals companies, signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd.
Venezuela's PDVSA, Chevron request 15-year extension for two joint ventures
A unit of Venezuela's state oil company PDVSA and U.S. oil major Chevron have requested a 15-year extension for two of their joint ventures from the country's oil ministry.
- 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
- AFR selects Axens as technology provider for Texas (U.S.) refinery 4/7
- Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC says 4/7
- Iran's Marvdasht Petrochemical complex attacked by US and Israel 4/7
- Fluor awarded engineering and design contract for America First Refining's refinery in South Texas 4/7
