Economics
First carbon capture pilot rig delivered by Compact Membrane Systems
Compact Membrane Systems announced that it has delivered a carbon capture pilot rig to OMV, a leading petrochemical company in Austria.
Vietnam's Dung Quat refinery: will keep selling products during maintenance period
Vietnam's Binh Son Refining and Petrochemical will continue selling refined petroleum products from its Dung Quat refinery during a 50-day maintenance period at the facility.
Ukrainian drones attack Russian oil refinery in Kaluga region
Ukraine attacked a small oil refinery in Russia's Kaluga region with drones, causing damage in an operation that was conducted by the GUR military spy agency.
Brazil's 2024 ethanol exports seen strong, helped by corn ethanol
Brazil has the potential to maintain exports of ethanol at strong levels in 2024, after last year posting the highest volumes since 2020 due to an increase in corn ethanol supply.
Successful demonstration in Dunkirk of the CO2 capture DMX process
Operational since April 2023 on ArcelorMittal’s Dunkirk site, the industrial pilot for the capture of CO2 present in blast furnace gases has delivered promising results.
U.S. Justice Department is also probing ADM's ethanol trading desk
The U.S. Justice Department is investigating Archer-Daniels-Midland's ethanol trading operation as part of a broader probe of the commodities giant's accounting practices.
LyondellBasell sees strong chemical market in North America, while Europe and China lag
LyondellBasell said it was seeing a better market in North America for its chemicals so far into 2024 due to low ethane feedstock costs and better gasoline spreads, while the markets in Europe and China continue to be weaker.
Sasol and Topsoe launch Zaffra: A new venture to help decarbonize aviation
Sasol, a global chemicals and energy company, and Topsoe, a leader in carbon emission reduction technologies, announced the successful launch of their joint venture, Zaffra.
Shell publishes Energy Transition Strategy 2024
Shell has published its first energy transition update since the launch of its Powering Progress strategy in 2021 and with this energy transition update, Shell is focusing on how the same strategy delivers “less emissions”.
Technip Energies, JGC, and NPCC got limited approval for ADNOC’s Ruwais LNG Project in the UAE
Technip Energies, leader of a joint venture with JGC and NPCC, have received a Limited Notice To Proceed from ADNOC to commence early engineering, procurement and construction activities at the Ruwais low-carbon LNG project, located in Al Ruwais Industrial City, Abu Dhabi.
- OC Global signs MoU with Passo Fundo for greenfield ammonia plant in Brazil 8/8
- India's E20 fuel rollout marked by widespread criticism 8/8
- Argentina's YPF to invest $400 MM in sustainable jet fuel venture 8/8
- South African tax authorities extend jet fuel lifeline to airports 8/8
- MOL Group successfully completes another SAF and HVO production test 8/8
- India approves $3.4-B payout to state-run refiners for cooking gas losses 8/8
