Europe
Taiwan says it will cooperate with further restrictions on Russian energy imports
While Taiwan joined the United States and major Western allies in putting broad sanctions on Russia after it invaded Ukraine in 2022, it did not explicitly ban imports of energy, a major hard currency earner for Russia.
European oil refineries bet on green projects to secure long-term future
Pressured by environmental regulations and competition from modern plants, European refineries have been trying to ramp up production of cleaner products such as sustainable aviation fuel (SAF) and biofuels to meet regulatory demand for such fuels.
Smartenergy and Q8 Aviation sign off-take partnership agreement
This agreement establishes Q8 Aviation as a cornerstone long-term offtake partner for Smartenergy’s planned production of synthetic sustainable aviation fuel (eSAF), marking a pivotal step toward a cleaner, more sustainable future for the global aviation sector.
Technip Energies awarded two services contracts for first-of-a-kind, waste-to-methanol Ecoplanta project in Spain
The plant will be the first in Europe to transform, at scale, non-recyclable municipal solid waste and biomass into renewable and circular methanol.
Crimea freezes fuel prices, imposes rationing as shortages persist
Russia-controlled Crimea has frozen fuel prices and imposed gasoline rationing in response to shortages resulting from a spate of Ukrainian drone attacks on Russian oil refineries.
LanzaJet advances UK ethanol-to-jet SAF project
LanzaJet, Inc. has been awarded more than $13 million (£10 million) from the UK Department for Transport’s Advanced Fuels Fund (AFF) to accelerate development of Project Speedbird, a major sustainable aviation fuel (SAF) biorefinery in Teesside, United Kingdom
OXCCU raises $28 MM Series B funding to scale SAF from waste carbon
This new capital will enable OXCCU to accelerate its commercialization efforts, expand its operations, and advance its next phase of technology scale-up.
Eni and five other oil companies fined by Italian competition watchdog
The regulator said that fines totaling more than €936 MM ($1.1 B) had been levied against Eni, Esso, Italiana Petroli (IP), Q8, Saras and Tamoil.
Exolum planning construction of new €100-MM energy transition terminal at the Outer Port of A Coruña, Spain
The project is conceived as an energy transition terminal, designed to progressively adapt to market developments, regulation and industrial demand, and will be equipped to operate with both conventional products and sustainable fuels, such as renewable ammonia, captured CO₂, green methanol, sustainable aviation fuel (SAF) and other biofuels.
After sanctions, Indian oil refiner Nayara's exports find new markets
The privately-owned company halted exports for about two weeks after it was sanctioned by the European Union on July 18 for dealing in Russian oil.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
