Europe
European airlines secure supplies of low-carbon jet fuel
European airlines are ramping up investments and signing agreements to secure supply of SAF needed to meet targets set by the European Union aimed at curbing the aviation sector's carbon footprint.
Neste has been granted energy investment aid for its green hydrogen project at the Porvoo refinery
The Ministry of Economic Affairs and Employment in Finland granted Neste an energy investment aid of EUR 1.96 MM for heat recovery from the green hydrogen production being planned for the Porvoo refinery.
Proman Stena Bulk holds naming ceremony for new methanol-powered tankers
Proman Stena Bulk, the joint venture between leading tanker company Stena Bulk and the leading methanol producer Proman, has formally christened Stena Provident and Stena Progressive, the final two vessels in its initial six-strong methanol-fueled tanker fleet.
OPEC head accuses IEA of vilifying fossil fuel industry
OPEC Secretary General Haitham Al Ghais accused the International Energy Agency of vilifying the oil and gas industry, in the latest clash between the groups over climate policy.
DORIS, Axens, AWT International, SeaQuester and Surbana Jurong announce the CCS Hub Alliance decarbonization solution for hard-to-abate CO2 emitters
DORIS, Axens, AWT International, Sea-Quester Offshore and Surbana Jurong Infrastructure announce the formation of the CCS Hub Alliance, a partnership dedicated to delivering cost-effective and risk-reduced decarbonization solutions to hard-to-abate CO2 emitters.
ABB upgrades Repsol butane plants without any downtime in operations
Repsol Butano entered into an agreement with ABB to upgrade its Distributed Control Systems at 12 of the energy company’s butane factories across Spain.
BASF shares rise on report ADNOC exploring Wintershall Dea deal
Shares in chemicals giant BASF rose after a report that ADNOC is exploring an acquisition of the German group's energy business Wintershall Dea.
Neste to introduce solar power to its Porvoo refinery
Neste has signed a purchase agreement for solar power supply to its Porvoo refinery in Finland with the renewable energy company CPC Finland Oy.
Maersk to buy 500,000 tpy of bio-methanol/e-methanol from China's Goldwind
Danish shipping group Maersk has agreed to buy 500,000 tpy of bio-methanol and e-methanol from China's Goldwind starting in 2026.
Russia to lift remaining restrictions on diesel fuel exports soon
Russia will soon lift remaining restrictions on diesel fuel exports, Deputy Prime Minister Alexander Novak said on Wednesday speaking in the upper house of the parliament.
- 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
