Middle East
UAE and Germany deepen energy ties as German Chancellor visits ADNOC HQ
The visit builds on the €14.7-B investment to support Covestro’s long-term growth as a German industrial champion by XRG, ADNOC’s international energy investment company, and underscores ADNOC’s central role in advancing the UAE-Germany strategic energy partnership.
Record January fuel oil exports from Kuwait's al-Zour refinery weigh on Asian market
The surge in supply from Kuwait, a major fuel oil exporter, will boost availability in bunkering hubs such as Singapore and weigh on prices in Asia.
China's teapots buy Iranian oil to replace Venezuelan supply
Venezuelan shipments to China have fallen sharply since mid-December after U.S. President Donald Trump imposed a blockade on sanctioned ships, part of a campaign against President Nicolas Maduro which culminated in his capture by U.S. forces on January 3.
Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal
SAF, made largely from waste or used cooking oil, can cut emissions significantly compared with traditional jet fuel. However, it remains two to five times more expensive than conventional fuel.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
