Economics
China's September fuel oil imports slide to year-to-date low
China's fuel oil imports eased for a third consecutive month in September, hitting the lowest in the year so far, data from the General Administration of Customs showed.
Kuwait's KPC ramps up high-sulfur fuel oil tenders for October
Kuwait Petroleum Corp has ramped up its spot tenders for high-sulfur fuel oil sales this month.
Vietnam seeks Saudi Aramco's investment in petrochemicals, oil refining
Vietnam is seeking investment from oil giant Saudi Aramco in its petrochemical and oil refinery projects, the Southeast Asian country's government said.
Russian railway gasoline exports fell by 80% in first half October
Russia's fuel export ban led to an 80% fall in railway exports of gasoline in the first 15 days of October from the same period in September to some 37,000 tons.
Russia's Lukoil says no talks to sell Bulgarian oil refinery
Litasco, a trading arm of Russia's No.2 oil producer Lukoil, said that it had not received any offer for its refinery in Bulgaria and there were no talks to sell it, amid mounting pressure from Bulgarian authorities.
U.S. oil refiners crank out diesel, further squeezing margins for gasoline
U.S. oil refiners have cranked up output of diesel, heating oil and jet fuel for winter but are struggling to turn a profit because gasoline margins have fallen over 80% since the summer driving season ended.
China and India struggle to curb fossil fuels
China and India are burning record amounts of fossil fuels this year, even as they also install record renewable power generation capacity, highlighting the slow pace and enormous inertia to be overcome in the energy transition.
Technip Energies has complied at all times with applicable sanctions in relation to the Arctic LNG 2 Project
As of February 24, 2022, the date of the invasion of Ukraine, Technip Energies was overseeing the Arctic LNG 2 project in Gydan, northern Russia. The contract, awarded in 2019, covered engineering, equipment procurement and the construction of three LNG trains.
Proman, Mitsubishi sign MoU to develop world-scale ultra low-carbon ammonia plant in Lake Charles (U.S.)
Proman has signed an MoU with Mitsubishi Corporation to explore building a world-scale ultra low-carbon ammonia facility in Lake Charles, Louisiana.
KBR launches PureM, an advanced green methanol technology
KBR announced that it has developed an advanced green methanol technology, PureM, augmenting its leading portfolio of clean ammonia and hydrogen technologies.
- HIF Global and German eFuel One GmbH sign HoA for e-methanol offtake 2/20
- Venezuela's refineries boost processing to 35% of capacity 2/20
- New Trinidad gas projects could provide necessary feedstock for country's petchem and LNG sectors 2/20
- MK-Polymer delivers ethylene-propylene rubber to JSC Kazenergokabel 2/20
- Mexican authorities shut down 22-m long tunnel used in illegal smuggling of fuel supplies 2/20
- Croatia must allow Russian oil flows to Hungary and Slovakia, MOL says 2/20
