Gasoline
Nigeria petrol subsidy seen nearly 70% higher at $16.2 B next year
Nigeria could spend up to 6.72 T naira ($16.2 B) next year if it keeps a fuel subsidy in place, a nearly 70% jump from this year's budget.
BASF confirms final phase of MDI expansion at Geismar Verbund site
BASF is moving forward with the final phase of the expansion project for the methylene diphenyl diisocyanate (MDI) plant at its Verbund site in Geismar, Louisiana.
INNIO Waukesha and Detechtion Technologies announce technology collaboration
INNIO Waukesha Gas Engines Inc, and Detechtion Technologies Inc. announced a technology collaboration that will expand asset connectivity, drive a customer-centric digital ecosystem and empower our customers' transition to decarbonization.
Petrobras set to cut gasoline prices Wednesday
Brazil's Petrobras will reduce gasoline prices at its refineries by about 5% on Wednesday, the state-run oil company said in a statement, its first price cut since late 2021, making analysts review projections for the country's inflation.
Corpus Christi polymers plant in Texas resumes construction
Indorama Ventures announced that construction of an integrated PTA-PET plant in Corpus Christi, Texas, will resume in August this year.
Gazprom tells Europe gas halt beyond its control
Gazprom has told customers in Europe it cannot guarantee gas supplies because of 'extraordinary' circumstances.
Safety culture in the workplace: How generational differences present challenges, opportunities
Culture is an incredibly important consideration when looking to establish a safe and productive workplace, because employers must be able to determine exactly what will make workers choose to act safely and productively.
The downstream rundown: In case you missed it 7/15
In case you missed any downstream news, here are the top stories from last week.
Green Fuels for Denmark receives IPCEI status
The funding will help enable the consortium behind Green Fuels for Denmark to develop the first phases of the project as part of the industrialization of renewable hydrogen and green fuels needed to compete with fossil-based alternatives.
Shell wants to share more of its blockbuster profits, CEO says
Shell is considering boosting shareholder returns on the back of bumper profits from soaring energy prices, while the extra cash will also help it shift more swiftly towards renewables and low-carbon energy.
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
- Reliance buys 1 MMbbl of crude from Kuwait's KPC, trade sources say 11/18
- Vitol, Cnergyico make Pakistan's biggest single delivery of marine fuel 11/18
- Rosneft’s Ryazan refinery suspended crude processing after drone strike 11/18
- bp restores part of Olympic Pipeline after Washington (U.S.) leak 11/18
