Management

Indonesia's Pertamina to merge refinery, shipping and retail operations

Indonesian state energy firm PT Pertamina will merge the operations of its refinery, shipping and retail units to improve efficiency in its core business, CEO Simon Aloysius Mantiri said.

BlackRock-led group in talks to raise around $10.3 billion for Aramco deal

Ecovyst announces agreement to sell its Advanced Materials & Catalyst segment to Technip Energies for $556 MM

75% of critical infrastructure organizations endorse ‘secure by operations’ strategy to defend against OT cyberattacks

India's ONGC to keep buying Russian oil if prices economical

Indian explorer Oil and Natural Gas Corporation said its refining units will continue to buy Russian oil if available at economical prices.

Eni to sale 49.99% share in carbon capture business to GIP

Eni and Global Infrastructure Partners (GIP), a leading global infrastructure investor and a part of BlackRock, signed an agreement related to the sale of a stake of 49.99% in Eni CCUS Holding – a leading global player in the CCUS sector (Carbon Capture, Utilization and Storage).

Thyssenkrupp Nucera abandons U.S. green hydrogen projects no longer deemed feasible

Thyssenkrupp Nucera is in intensive discussions with stakeholders in its U.S. projects and is abandoning those no longer deemed feasible due to tax and spending changes initiated by the U.S.

AFPM: U.S. RFS proposal misses the mark on affordability, security by an ‘Iowa mile’

The American Fuel & Petrochemical Manufacturers (AFPM) recently submitted comments on the Environmental Protection Agency’s proposed Renewable Fuel Standard volumes for 2026 and 2027.

Sasol expects profit rebound on higher chemical prices and lower impairments

South African petrochemicals company Sasol expects a rebound in full-year profitability on the back of higher chemicals prices, tighter cost controls and lower asset writedowns, it said.

Indian refiners using term deals as hedge against Russian supply risk

India's state oil refiners will continue to use annual contracts to secure oil supplies and hedge against market volatilities as the future of cheap Russian purchases is in doubt, the oil ministry said in a report to parliament.