Economics
U.S. airlines back ethanol industry position on aviation fuel credit
Major U.S. airlines and aviation companies joined ethanol companies to send a letter to the Biden administration backing a regulatory change that would make it easier for SAF made from corn-based ethanol to qualify for federal subsidies.
Ukraine says oil refinery hit, power lines damaged in Russian drone attack
A Russian drone attack set ablaze the Kremenchuk oil refinery in central Ukraine and knocked out power supply in three villages, while falling debris from downed drones damaged railway power lines in a nearby region.
Uganda plans to hand over exclusive petroleum supply deal to Vitol
Uganda plans to hand over exclusive rights for supply of all petroleum products to a unit of global energy trader Vitol and end a system that sources the oil products through neighboring Kenya.
Lummus announces commercial availability of SAP technology
Lummus Technology announced the commercial availability of its Saplene super absorbent polymer technology.
C2X takes important step towards large scale green methanol production in Spain
C2X has taken an important step towards the development of their second production site.
Farnborough Airport sells its millionth liter of SAF
Farnborough Airport has announced the sale of its millionth liter of SAF, further highlighting its aim to be a sustainability showcase for airports around the world.
Argentina drivers hunt for fuel 'like water in the desert' amid shortage
Argentine drivers ran the gauntlet to find scarce supplies of petrol to fill their tanks amid the most acute fuel shortage in years, which has left many filling stations out of supply and long lines at any pumps still operating.
Kuwait's October fuel oil exports drop by a third from record in September
Kuwait's October fuel oil exports tumbled more than 30% after hitting a record high in September as some supply was diverted to domestic power generation.
China's CNOOC, two chemical firms looking at Shell Singapore assets
CNOOC, Eversun Holdings and Wanhua Chemical are among those that have started early evaluations of Shell assets that include a 237,000 bpd refinery and a one MMtpy ethylene cracker.
Sumitomo Chemical to develop green process for ethanol-based propylene
Sumitomo Chemical has begun construction of a pilot facility to establish a process for producing propylene directly from ethanol, which is attracting attention as a sustainable chemical raw material.
- 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
