Products
Brazil's Petrobras to invest $4.8 B in integration between Reduc refinery and Boaventura complex
Brazilian state-run oil firm Petrobras will invest 26 billion reais ($4.8 billion) in an integration between the Reduc refinery and the Boaventura energy complex in Rio de Janeiro state.
Braskem completes first sale of circular polyethylene in South America
Braskem has completed the sale of circular polyethylene (PE), produced through chemical recycling, to the Copobras Group.
Brazil's energy minister hints at possible fuel price cuts
Brazil's Mines and Energy Minister Alexandre Silveira suggested that gasoline and diesel prices could soon be lowered in the country, where state-run oil giant Petrobras controls most of the refining capacity.
Lotte Chemical Titan secures $3-B ethylene supply deal in Indonesia
Malaysia's Lotte Chemical Titan said that its Indonesia-based subsidiary has agreed to a 10-year ethylene supply deal worth around $3 billion with its downstream petrochemical producer, Lotte Chemical Indonesia Nusantara.
Axens, IFPEN, and SMS group Launch Carboverseo™: Essential Technology for e-fuels deployment
In a groundbreaking development, Axens, in collaboration with IFP Energies nouvelles (IFPEN) and SMS group, has successfully homologated the Carboverseo™ technology. This innovative reverse water-gas shift process, which converts CO2 into CO, is now live and ready to revolutionize the e-fuel industry by providing a robust and scalable solution for transforming CO2 into valuable products.
Partnership for sustainability: Pekutherm and POLYVANTIS launch circular economy initiative
Pekutherm and POLYVANTIS have launched a joint take-back and recycling program for PLEXIGLAS® production waste, aiming to systematically return acrylic to the materials cycle.
Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra
Lloyd's Register (LR) has entered into a memorandum of understanding (MoU) with German developer DAI Infrastruktur GmbH (DAI) for Project Ra, a large-scale green ammonia production and bunkering development at East Port Said, Egypt.
AVTL to develop ammonia terminal in Pipavav, India
In India, AVTL, will develop a brownfield ammonia terminal at the existing Pipavav location. The terminal will be the first independent ammonia storage terminal in India.
Italy's Eni eyes new unit to manage oil refineries
Eni intends to set up a new company focused on several assets including oil refineries and fuels storage facilities in Italy
Oil tanker market signals more Middle East energy disruption ahead
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.
- Asian gasoline margin spikes to highest since August 2023 11/14
- Lukoil-Moldova grants free use of airport fuel terminal to government amid U.S. sanctions 11/14
- Croatia rejects Russian vacuum gasoil cargo after U.S. sanctions 11/14
- Bulgaria wins UK sanctions reprieve on refinery, petrol stations 11/14
- China's Sinochem shuts one crude unit at Quanzhou after fire 11/14
- Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners 11/14
