Economics
Utilizing various feedstocks to progress SAF production
At Honeywell Users Group 2023, Naved Reza, Director, Business Development Sustainable Technology Solution for Honeywell UOP, delivered a presentation titled "Increasing SAF feedstocks to scale production and decarbonize aviation.”
EU-backed green auditor cracks down on China island biofuel trade
An auditing company empowered by the European Union to verify sustainable fuel has suspended the certification of three Chinese biofuel exporters after an audit found the precise source of their waste products from Malaysia and Indonesia could not be verified.
Nigeria amasses $3-B debt to traders for oil swaps
Nigeria has accumulated up to $3 B in debts to trading houses such as Vitol and oil majors such as bp for fuel supplies and is trailing four to six months behind schedule in repaying them with cargoes of crude.
Oil resumes slide on demand worries after latest rate hikes
Oil dropped over 2% and was heading for a weekly decline, as a UK interest rate hike added to concern over economic growth that outweighed lower U.S. crude stocks and other signs of tighter supplies.
Airbus teams-up with LanzaJet to boost sustainable aviation fuel production
Airbus and LanzaJet today announced they have entered into a memorandum of understanding to address the needs of the aviation sector through the production of sustainable aviation fuel.
U.S. crude inventories post surprise draw, fuel stocks rise
U.S. crude stocks fell while gasoline and distillate inventories rose, the Energy Information Administration said.
China's Penglai crude shipments land in Singapore, Malaysia
Two crude cargoes loaded from China's Penglai oilfields arrived at Singapore and Malaysia in May and June, an unusual export from the world's largest crude importer.
IFPEN, Axens and EDF announce signing of MOU to develop "Take Kair" SAF project
IFPEN, Axens and EDF announce that they have signed Memorandum of Understanding to develop "Take Kair", an innovative industrial e-kerosene pilot in Pays de la Loire, which will meet the needs of the new French e-SAF industry.
Sasol and Topsoe to form a future business to accelerate global SAF production
Sasol and Topsoe have signed a landmark agreement to establish a 50/50 joint venture solidifying their commitment to produce sustainable aviation fuels and contribute to global efforts in combating climate change.
MAIRE awarded new contract in IE&CS and STS business units
MAIRE S.p.A. announces that its Integrated E&C Solutions and Sustainable Technology Solutions subsidiaries have been awarded new contracts for an overall value of approximately $260 MM by international clients.
- China's first coal-to-chemicals project with green hydrogen starts commercial operations 11/20
- Norsk e-Fuel and Braskem partner to turn captured carbon into long-lasting products 11/20
- Nigeria's Dangote refinery delays CDU maintenance to end of January 2026 11/20
- Technimont attends ground-breaking ceremony of Tengiz Gas separation Complex in Kazakhstan 11/20
- 42% of U.S. energy/critical infrastructure providers exposed to weaponized AI and email attacks 11/20
- EIA: U.S. crude stocks fall on higher demand, fuel inventories rise 11/20
