(Reuters) – Oil refiners are permanently closing processing plants in Asia and North America and facilities in Europe could be next as uncertain prospects for a recovery in fuel demand after the coronavirus pandemic triggered losses. The pandemic initially cut... More »
LONDON (Reuters) – Hydrogen has long been touted as a clean alternative to fossil fuels. Now, as major economies prepare green investments to kickstart growth, advocates spy a golden chance to drag the niche energy into the mainstream of a post-pandemic world.... More »
SINGAPORE (Reuters) – China’s Hengyi Petrochemical Co Ltd is operating its new 160,000 barrels per day refinery in Brunei at near full capacity after trial production began in July, two company officials told Reuters. The plant in Palau Muara Besar is one of f... More »
BEIJING (Reuters) – A third prototype of China’s home-built C919 narrowbody passenger jet completed its first test flight on Friday, its manufacturer said, in another step forward in the nation’s push to become a global civil aerospace player. The C919, which ... More »
(Reuters) – U.S. carrier Southwest Airlines (LUV.N) has ordered 40 Boeing Co (BA.N) 737 MAX jets worth $4.68 billion at list price to help modernize its fleet, the airline said, making it the planemaker’s largest global customer for the updated narrowbody. Sou... More »
China's refiners raised crude oil processing runs to near record monthly levels in October as refining margins jumped after the country's state planner hiked prices for gasoline and diesel at the pump. More »
Airbus SE (AIR.PA) on Wednesday opened its Chinese completion plant for A330 jets, with hopes that an increased presence in the world's fastest growing aviation market would help boost demand for the firm's profitable but ageing wide-body jets. More »
Flooding from Tropical Storm Harvey has shut nearly a fifth of U.S. oil-refining capacity, triggering worries about a gasoline supply crunch as the slow-moving tempest lumbers through the heart of America's petrochemicals industry. More »
A Lion Air plane taxis after landing at Denpassar international airport in Bali March 23, 2017. REUTERS/Thomas White Indonesian budget carrier Lion Air may be an inaugural customer for a new Boeing Co (BA.N) plane that will become the largest member of its 737... More »
A model of China’s ARJ21 aircraft is seen at the Civil Aviation Administration of China (CAAC) – European Aviation Safety Agency (EASA) Aviation Safety Conference in Shanghai, China, April 27, 2017. REUTERS/Stringer Chinese and European aviation regulators sai... More »
Taiwan President Tsai Ing-wen leaves a luncheon during a stop-over after her visit to Latin America in Burlingame, California, U.S., January 14, 2017. REUTERS/Stephen Lam Taiwan plans to build 66 jet trainer aircraft, with a scheduled maiden flight by 2020, to... More »
FARNBOROUGH, England Airbus (AIR.PA) bagged deals worth $20 billion to seize the initiative at a rain-soaked Farnborough Airshow on Tuesday, but industry executives said the mostly lackluster event confirmed a recent boom in aircraft orders was finally fizzlin... More »
