Czech conglomerate ÈEZ Group is acquiring a 55.21 percent stake in GasNet, the Czech Republic’s leading gas distribution infrastructure operator, in a move to transition from coal-powered energy generation to natural gas and hydrogen. CEZ […]
PetroChina’s Guangdong Petrochemical in southern Guangdong province will receive a Venezuelan Merey crude cargo around March 23, a source with close knowledge of the matter said March 21. The shipment will be the first Venezuelan […]
The EU’s industrial output as a share of total GDP will decline as a result of persistently high energy prices, the head of the world’s largest chemicals company has said, adding that such a […]
Asahi Shimbun (You Tube) At least eight crew members were killed after a South Korean-flagged chemical tanker anchored off the coast of Japan capsized. The 11-strong crew of the 1996-built tanker Keoyoung Sun requested assistance […]
Ukraine’s drone campaign to knock out Russian refining capacity is scoring some big hits, with as much as 12% of the world’s largest country’s refineries forced to suspend operations. The knock-on effect for tanker shipping […]
Daily Standup Top Stories U.S. Northeast Gasoline Reserve Could Be Sold Off March 4, 2024 Mariel Alumit The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding […]
The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding bill up for discussion at U.S. Congress says. Under the draft text of the bill, “the Secretary […]
Plastic producers have known for more than 30 years that recycling is not an economically or technically feasible plastic waste management solution. That has not stopped them from promoting it, according to a new report. […]
LONDON, Feb 6 (Reuters) – Global stocks of diesel and other middle distillates are below normal and prices could start to rise quickly if the industrial economies of North America and Western Europe emerge from […]
EuropeTankers GEFO German owner GEFO is expanding its fleet with an order for 10 stainless steel chemical tankers at the Xiangyu shipyard in Nantong, China. A three-digit million-dollar sum will see the 3,850 dwt ships […]
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