Europe
UK sanctions Russia's Lukoil and Rosneft, targets shadow fleet
Lukoil and Rosneft were designated under Britain's Russia sanctions laws for what London described as their role in supporting the Russian government. They are subject to an asset freeze, director disqualification, transport restrictions, and a ban on British trust services.
OCI Global and VICTROL partner to develop refrigerated clean ammonia bunkering supply chain in the Netherlands and Belgium
This strategic collaboration marks an important step in accelerating the decarbonization of the maritime industry.
Some Indian refiners to move away from Russian oil
India and China are the biggest buyers of Russian sea-borne crude, taking advantage of discounted prices Russia was forced to offer after losing sales to Europe following Moscow's invasion of Ukraine in 2022.
Airlines face price-gouging by green jet fuel sellers, IATA says
The EU began requiring airlines to use more sustainable aviation fuel (SAF) this year, with a 2% minimum blending mandate set to rise to 6% by 2030.
Moeve joins Shell's platform to scale sustainable jet fuel
Shell's Avelia platform is a “book and claim” system that aims to connect airlines, fuel suppliers and corporate buyers.
Rely secures engineering studies contract with H4 Marseille Fos for European green aviation fuel hub
This initiative aims to position the industrial-port zone as a European hub for hydrogen and e-SAF production, supporting France’s and Europe’s decarbonization ambitions.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
