Quest Group Sulphur and Fertilizer team attended one of the major fertilizer conferences in China – BAIINFO on 26-28 February
- 29 March 2023, 10:22 amBunkering at Fujairah would benefit from the transparency that mass flow meters confer and consequently attract more market players, but only if a mandate to use the units had robust backing from the authorities, according to bunker suppliers. Fujairah is the world's third largest bunker hub, with 8.03 million mt of marine fuel sold there in 2022. "In principal, MFMs...
- 29 March 2023, 8:24 amUS-based United Airlines expects the Inflation Reduction Act, a government plan set to unlock $370 billion in clean energy investments, will help incentivize higher production of sustainable aviation fuel, which is currently in short supply, according to a company executive. "There is insufficient SAF available on the market today, but the Inflation Reduction Act in the United States...really sets us...
- 29 March 2023, 7:00 amStockpiles of oil products at the UAE's Port of Fujairah rose 2.7% in the week ended March 27, led by a 5.5% increase in light distillates such as gasoline and naphtha, according to Fujairah Oil Industry Zone data published March 29. Total inventories rose to 21.919 million barrels March 27, a five-week high, the FOIZ data provided exclusively to S&P...
- 29 March 2023, 6:35 amA belt system at the Alumar integrated aluminum complex in Sao Luis, Brazil has failed, preventing the unloading of materials at the facility, global aluminum giant Alcoa, that manages operations at the complex, said in a statement late March 28. According to Alcoa, the Alumar refinery and smelter are "currently operating on existing inventories". The belt system, which typically conveys...
- 29 March 2023, 4:51 amMexico's demand for Asian gasoline cargoes was seen firming further to meet April demand during Holy Week festivities and as US gasoline prices rise relative to Asian prices, market sources said March 27-29. Some market participants said Mexico was seeking more gasoline cargoes than usual from China in March to meet its anticipated rise in April demand. "I am seeing...
