News

After a reported Q1 loss, Dow Chemical plans to launch an action plan to further reduce spending and deliver $6 B in cash ...
Valero Energy on Thursday said it would cease operations at its 170,000-bpd San Francisco-area oil refinery next year amid worries about California's declining fuel supplies and high gasoline prices.
Aster Chemicals and Energy, the new operator of the Bukom refining complex, is planning to bid for ExxonMobil's petrol stations in Singapore, as the refiner seeks retail fuel sales outlets.
Valero Energy Corp's license to import fuel into Mexico was reinstated following a suspension in early April, Chief Operating Officer Gary Simmons told analysts on the U.S. refiner's first-quarter ...
Egypt's Ministry of Petroleum and Mineral Resources announced the signing of contracts for the Egyptian-Chinese joint venture ...
TotalEnergies’ Antwerp platform provides an update on its investments for the future and announces plan to reconfigure its ...
India's capital New Delhi plans to limit gasoline and diesel-powered cars a family can buy as well as ban sales of fuel-guzzling motorbikes and scooters, according to a draft policy aimed at cleaning ...
Wärtsilä Gas Solutions, part of technology group Wärtsilä, and Höegh Evi, a global leader in marine energy infrastructure, have successfully completed the development of the world’s first floating ...
Neste and Finnish company Eckerö Line, which operates ferry services between Helsinki and Tallinn, are continuing their collaboration to reduce maritime emissions. Eckerö Line provides freight and ...
Iranian Revolutionary Guards seized two Tanzanian-flagged vessels allegedly carrying 1.5 MM liters of "smuggled fuel" in the Gulf ...
Chinese automakers and foreign rivals are launching ever more advanced long-range hybrids to meet rising demand in the world's largest auto market.
India and Saudi Arabia are exploring joint projects in refineries and petrochemicals, Indian Prime Minister Narendra Modi told Arab News in an interview.