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China's Apparent Oil Demand up 5.3% in 2017

Apr 8, 2017

China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...

Tags: oil demand, Oil products

China to Restrict Oil Product Exports in H1 2017

Mar 31, 2017

China is highly likely to restrict oil product exports in the first half of 2017 to flat or below H1 2016 levels amid growing focus on pollution control, curbing excess capacity and international trade flows, sources with knowledge of the ...

Tags: Oil Product, Crude Oil

Beijing Expected to End Oil Product Export Quotas

Dec 7, 2016

China's independent refineries likely have to rely on state-owned trading companies to export oil products in 2017 as Beijing is likely to stop awarding them quotas to export directly, informed sources said Friday. "It [stopping awarding ...

Tags: Oil Product, Refiners

“Mediocre” Is The New Air Cargo Reality

Mar 22, 2016

The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...

Tags: Mediocre, IATA, Air cargo

China's Apparent Oil Demand Posts Fastest Growth

Feb 2, 2016

China's apparent oil demand in 2015 grew 5.8% year on year to 11.11 million b/d, the fastest pace since 2011, despite the country's economy growing at the slowest rate since 1990, Platts calculations based on recently released official data ...

Tags: oil demand, fuel oil

China's Refinery Throughput Rose 4.3% Year on Year

Aug 13, 2015

China's refinery throughput rose 4.3% year on year to 43.54 million mt or an average 10.30 million b/d in July, preliminary data from the National Bureau of Statistics showed Wednesday. The July rate was down slightly from 10.59 million ...

Tags: Refinery, oil demand

FedEx Joins Southwest Airlines to Buy out Red Rock's Entire Eight-Year Jet Fuel Inventory

Jul 27, 2015

FedEx has joined Southwest Airlines to buy out Red Rock’s entire eight-year jet fuel inventory — key milestone for project construction. Red Rock takes waste biomass from forests and sawmills, and using a proprietary process, ...

Tags: logistics, FedEx

Weight-Loss Supplements Contain a Potentially Dangerous Chemical

Apr 10, 2015

After controversy has swirled for days around a group of weight-loss supplements containing a potentially dangerous chemical, many big retailers have pulled the product from their shelves. The supplements in question include the ...

Tags: Chemical, BMPEA, Manufacturing

The First Round of Oil Product Export Quotas for 2015

Jan 17, 2015

China this week issued the first round of oil product export quotas for 2015, with volumes totaling 9.75 million mt, industry sources said Wednesday, January 14. This is significantly more than the roughly 8 million mt of quotas that were ...

Tags: Oil Export, Crude Oil

Air Freight Volumes Continue to Show Solid Gains on a Year Ago

Dec 12, 2014

The International Air Transport Association (IATA) has released its air cargo report and outlook. Air freight volumes continue to show solid gains on a year ago, supported by improving growth in trade in some regions, but weakness in load ...

Tags: load factors, yields, Service

Boeing and Airways Looking Forward to Making Sustainable Aviation Biofuel

Dec 12, 2014

No, it’s not April’s fool day… Boeing and South African Airways are looking forward to the first harvest of energy-rich tobacco to make sustainable aviation biofuel. The pioneering project supports South Africa’s ...

Tags: energy-rich tobacco, Service

IATA Has Reported an Improvement in Airlines' Financial Well-Being

Dec 10, 2014

The International Air Transport Association (IATA) has reported an improvement in airlines’ financial well-being. Worldwide airline share prices rose 14% in November, supported by continued decline in the price of crude oil and jet ...

Tags: Health, airline, Service

Boeing Claims to Have Completed The World's First Flight Using 'Green Diesel'

Dec 5, 2014

Boeing claims to have completed the world’s first flight using ‘green diesel’, a sustainable biofuel that is widely available and used in ground transportation. The company powered its ecoDemonstrator 787 flight test ...

Tags: sustainable biofuel, Service

Epa Has Issued a Final Greenhouse Gas Prevention of Significant Deterioration

Sep 15, 2014

The U.S. Environmental Protection Agency (EPA) has issued a final greenhouse gas (GHG) Prevention of Significant Deterioration (PSD) construction permit to CCI Corpus Christi, LLC. The company plans to construct petroleum process facilities ...

Tags: EPA, Certification

Coca-Cola's Investment in Virent's Bio-Based Paraxylene Bioformpx Demonstration Facility

Sep 11, 2014

Coca-Cola is making additional investment in Virent's bio-based paraxylene BioFormPX demonstration facility in Wisconsin, US. Virent has said that the investment will help in scaling up separation and purification of BioFormPX at the ...

Tags: Packaging, Printing

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