Hydrocarbon Processing bp Energy Outlook: Two main scenarios see 2025 oil peak, rapid renewables growth bp expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 the company published on Wednesday. Germany awards tender to Fertiglobe for green ammonia from Egypt Germany has awarded a tender to buy at least 259,000 metric tons (t) of green ammonia between 2027 and 2033 to UAE-based Fertiglobe, marking the first in a round of global tenders to import green hydrogen (H2) derivatives needed for decarbonization. Gulf Energy Information appoints Catherine Watkins as Chief Commercial Officer to drive market expansion Gulf Energy Information (Gulf), a premier B2B media company in the global energy sector, proudly announces the transition of Catherine Watkins from Chief Financial Officer (CFO) to Chief Commercial Officer (CCO), effective immediately. This strategic transition aligns with Gulf’s commitment to expanding market share and driving sales growth across key markets. Lummus, MOL Group begin engineering execution on Hungary advanced waste plastic recycling plant Lummus Technology, a global provider of process technologies and value-driven energy solutions, and MOL Group, the leading integrated Central Eastern European oil and gas corporation, have commenced the design phase for the first Lummus advanced waste plastic recycling unit. OPEC sticks to 2024 oil demand view, sees strong travel season OPEC is sticking to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient economic growth and air travel would support fuel use in the summer months. EIA: Global oil market will be in supply deficit next year Global oil demand will outpace supply next year, the U.S. Energy Information Administration (EIA) said on Tuesday, reversing a prior forecast for a surplus. Schwedt refinery hits 80% capacity despite ownership doubts Germany's Schwedt oil refinery is running at > 80% capacity despite uncertainty over its future ownership but market conditions mean there is no incentive to go any higher. Enviro receives order for 500 tons of tire pyrolysis oil from repeat customer Scandinavian Enviro Systems (Enviro) has received an order for deliveries of 500 tons (t) of recovered pyrolysis oil from a leading European oil player. The oil, which will be produced at Enviro’s facility in Åsensbruk, will be delivered during the fall of 2024. Cepsa Química, Persán to transport their supplies using renewable diesel Cepsa Química and the Persán group, a leading company of home care and personal care products, have signed an agreement so that the supply transportation of chemical products from Cepsa to the Sevillian company will be carried out using 100% renewable diesel. Shell to take up to $2-B writedown on Singapore and Rotterdam plants Shell will take an impairment charge of up to $2 B after the sale of its Singapore refinery and pausing of construction of one of Europe's largest biofuel plants.