Economics
EU court imposes €32 MM euro fine on Britain for pleasure boat fuel
The European Union's Court of Justice imposed on Thursday a $33.6 MM fine on Britain, arguing the UK had failed to prohibit using marked fuel in private pleasure boats within a time limit set by the European Commission.
Singapore's middle distillates stocks hit over 6-month high on jet fuel imports
Middle distillates inventories at key storage hub Singapore hit a more than six-month high as the city-state turned net importer of jet fuel/kerosene despite an increase in gasoil outflows to the West, official data showed.
Kremlin: no plans to raise crude oil supply to offset fuel export ban
Russia has not discussed with the OPEC+ group of leading oil producers a possible crude oil supply increase to compensate for Russia's fuel exports ban.
Shell and MAN Energy Solutions enhance ties with RWGS Technology pilot plant
Shell Global Solutions International B.V. and MAN Energy Solutions SE partnered in 2021 to develop Reverse Water Gas Shift technology.
BASF ECMS teams up with ZeroAvia to advance HT-PEM Fuel Cells for hydrogen aviation
BASF Environmental Catalyst and Metal Solutions and ZeroAvia have signed an agreement for the supply of membrane electrode assemblies and to collaborate on research on next generation MEAs for ZeroAvia’s world-leading high temperature proton exchange membrane fuel cell stacks for aviation.
Japan's Mitsubishi considers opening fuel ammonia import hub
Japanese trading house Mitsubishi is considering the conversion of the Namikata terminal near Hiroshima into a fuel ammonia import hub.
Discovering Honeywell's pathways to sustainability: Highlights from Global Sustainability Week
To highlight their pathways to sustainability, Honeywell’s Global Sustainability Week took place from September 11–15 in Chicago, Illinois and Charlotte, North Carolina. The event took attendees to Chicago to tour their Riverside and Des Plaines labs, focusing on carbon capture, renewable fuels, hydrogen (H2) and plastics circularity.
bp's Peacock Project secures exclusive power deal with ExxonMobil-SABIC JV for sustainable materials production
bp has started construction on its 187MWdc Peacock Solar project, located 10 miles north of Corpus Christi in San Patricio County, Texas, helping support the global transition to lower carbon energy.
Shipping industry lacks clarity on future clean fuels on path towards decarbonization
The shipping industry lacks clarity on future clean fuels and regulatory systems which is holding back companies from replacing ageing vessels amid pressure to decarbonize faster.
Neste expands its renewable fuels supply capabilities in Southern California (U.S.)
Neste has expanded its capability to supply renewable fuels to customers on the West Coast of the United States in cooperation with Vopak, a leading energy industry infrastructure provider.
- 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
- Siam Cement to invest an additional $500 MM in Long Son chemical complex 11/19
- LanzaJet produces first jet fuel from ethanol at a commercial scale 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
