Economics
Neste to supply SAF to United Airlines flights departing San Francisco Int'l. Airport
Neste and United announced that the airline’s departing flights from San Francisco International Airport will be fueled by a blend of Neste MY Sustainable Aviation Fuel.
Indian Oil to recoup most dues for jet fuel sales from Go First through bank guarantees
Indian Oil Corp will recoup $61.14 MM of jet fuel sales to cash-strapped Go First by cashing in bank guarantees and is optimistic it will recover a further $6.11 MM for unsecured sales made in the past few month.
Phillips 66 beats profit estimates as refining margins soar
U.S. refiner Phillips 66 beat Wall Street estimate for first-quarter profit, joining rivals in gaining from elevated margins on sustained fuel demand amid tight crude supplies.
Oerlikon orders fall as soft China demand hits polymers
Swiss industrial group OC Oerlikon said its orders fell nearly 14% in the first quarter, as weak filament demand in China led to postponements at its polymer business.
Neste moves forward in its renewable hydrogen project in Porvoo, Finland
In accordance with its ambition to reach carbon neutral production by 2035, Neste is working on a 120 MW electrolyzer project to produce renewable hydrogen at its Porvoo refinery in Finland.
India state retailers gasoil sales rose in April
Indian state fuel retailers' gasoil sales rose in April from the previous month, preliminary sales data showed, indicating a pick up in economic activity.
Jet Aviation partners with FlyORO to bring blended sustainable aviation fuel to Singapore
Jet Aviation announced that it has partnered with FlyORO to offer custom blends of SAF at its Singapore Fixed Base Operation at Seletar Airport.
Exxon Mobil not quitting exploration in Brazil
Exxon Mobil Corp is not giving up on oil exploration in Brazil, the company's country chief Alberto Ferrin said during the Offshore Technology Conference in Houston.
India cuts windfall tax on petroleum crude
India has cut the windfall tax on petroleum crude to ₹4,100 per ton from ₹6,400 per ton.
California moves to phase-out diesel-powered trucks, cut locomotive pollution
California regulators approved new rules requiring all medium- and heavy-duty vehicles sold in the state in 2036 be zero-emission, a day after the California Air Resources Board (CARB) adopted reduced emission regulations for locomotives.
- 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
