Refining News

 

Shell Taps Goldman Sachs to Explore Singapore Refinery Sale

Aug 23, 2023

Shell is considering a sale of its Singapore refining and petrochemical plants as part of a broader strategic review and has hired investment bank Goldman Sachs to explore a potential deal, said several sources close to the matter.The global energy major's new CEO, Wael Sawan, is targeting spending cuts over the next two years to boost profitability while remaining committed to achieving net zero emissions by 2050…

Russia Considers Gasoline Export Ban

Jan 15, 2024

The Russian government is considering a ban on gasoline exports after an incident at Lukoil's NORSI oil refinery in Nizhny Novgorod, Interfax news agency reported on Monday, citing sources.The refinery may halve high-octane gasoline output after an emergency stoppage at a catalytic cracking unit…

Logistics News

Cavotec Inks Service Deal with Port of Salalah

Cavotec Inks Service Deal with Port of Salalah

Canada's Trudeau Urged to Head Off Port and Rail Strikes

Canada's Trudeau Urged to Head Off Port and Rail Strikes

Final Rule on Demurrage & Detention Cleared to Take Full Effect May 28

Final Rule on Demurrage & Detention Cleared to Take Full Effect May 28

ClassNK, StormGeo Team on Maritime Decarbonization

ClassNK, StormGeo Team on Maritime Decarbonization

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