Quadrise fuel shipping refinery electricity
Steps towards commercialisation for new fuel
Quadrise, the UK-based company developing a new fuel for shipping, refinery use and electricity generation, has signed an agreement which could lead to the first commercial applications for the fuel. Through a venture with Saudi Arabia’s Rafid Group, Quadrise is targeting the manufacture of the fuel in a Saudi Aramco refinery, initially for use in the refinery but later for electricity generation in Saudi Arabia. Quadrise is to set up a 70:30 venture with Rafid, an energy-related construction and services company, to pursue agreements with Saudi Aramco under which the new fuel – refinery heavy-residues emulsified with water – will be produced in the country. The first plant is to be installe
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
