Europe
Hapag-Lloyd and Seaspan to retrofit five vessels to methanol propulsion
Hapag-Lloyd and Seaspan Corporation enter into a partnership agreement to retrofit and convert five 10,100 TEU container ships powered by conventional MAN S90 engines to dual-fuel engines capable of operating on methanol.
Lower oil refinery output hits value of Russia's Q1 exports
Lower production at Russian oil refineries was partly to blame for the continued decline in the country's exports in the first quarter of this year.
Nigeria strikes deal with Shell to supply $3.8-B methanol project
Nigeria has struck a deal for Shell to supply gas to its proposed $3.8-B Brass methanol facility, resolving a major hurdle to a final investment decision on the project.
Solvay inaugurates new blowing agent production unit in Rosignano, Italy
Solvay announced the opening of its groundbreaking Alve-One production unit in Rosignano, Italy.
BASF, SABIC, and Linde celebrate the start-up of the world's first large-scale electrically heated steam cracking furnace
BASF, SABIC, and Linde have inaugurated the world’s first demonstration plant for large-scale electrically heated steam cracking furnaces.
Russia's offline primary oil refining capacity revised up for April
Russia's offline primary oil refining capacity has been revised upwards for April by 107,000 metric tons from previous expectations to 4.430 MMt.
Russia cuts railway gasoline exports by 26.5% in April so far
Russia has reduced gasoline exports by rail in April 1-14 by 26.5% from the same period in March due to an export ban.
Boeing secures its biggest purchase of Neste MY Sustainable Aviation Fuel through EPIC Fuels and Avfuel
Boeing has agreed to purchase 7.5 MM gallons of blended Neste MY Sustainable Aviation Fuel in 2024 to support its U.S. Commercial Airplanes business operations in reducing its greenhouse gas emissions.
Eni to sell stakes in biofuel, bioplastic units by end of 2024
Italian energy group Eni aims to sell by year-end minority stakes in its biofuel and bio-plastic units that could fetch around $1.47 B in total to speed up its energy transition.
BASF broadens its range of bio-balanced ingredients for European detergent, cleaning, and industrial formulations
BASF is expanding its biomass-balanced EcoBalanced product range, doubling up on its commitment as a trailblazer in championing environmentally conscious solutions for detergent and cleaning products manufacturers and industrial formulators
- Azerbaijan's State Oil Company redirects supplies of jet fuel from STAR refinery to Turkish domestic market 5/8
- Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz 5/8
- Seven markets to track if peace breaks out in the Middle East 5/8
- Asia exports of refined fuels plunge amid Hormuz closure 5/8
- Libya's Zawiya oil refinery shut due to nearby clashes 5/8
- Meghna PVC partners with Jotun to manage corrosion maintenance 5/7
