Europe
Russia exports record diesel volumes to Brazil in February
Russian ultra-low-sulphur diesel (ULSD) diesel shipments to Brazil hit a record high in February, while Moscow is exploring new markets following the European Union ban.
Germany's Schwedt refinery losing out in race from Russian oil
Slashed output at Germany’s Schwedt oil refinery demonstrates the difficulty Berlin faces in turning away from Russian oil, despite plans to work with Poland to find alternative supply.
U.S. policy is conducive for new investments in energy transition said Repsol's CEO
The U.S, is attracting investment in renewables, hydrogen, biofuels, etc. through new legislation, while the EU's rules could deter investors, Repsol's CEO said at CERAweek.
AWS unveils startups selected for the Clean Energy Accelerator 3.0 program
Amazon Web Services (AWS) announced the startups selected for the Clean Energy Accelerator 3.0. The program is designed to facilitate collaborations with mature startups developing breakthrough clean energy technologies.
EU delays ICE ban phaseout after German pushback
European Union countries have delayed a planned vote next week on the bloc's landmark law to end sales of new CO2-emitting cars in 2035 after Germany questioned its support for the rules.
Lukoil has begun ship-to-ship loadings of ULSD
Russian oil producer Lukoil has started ship-to-ship (STS) loadings of ultra-low-sulfur diesel (ULSD) off its western exclave of Kaliningrad.
Cepsa to invest more than $3.8 B in sustainable energy/mobility by 2027
Spanish oil and gas company Cepsa plans to nearly double its investments over the next three years to a total of 3.6 B euros ($3.82 B), with more than half of that amount going to sustainable energy and mobility.
Tunisia imported record number of Russian diesel/gasoil in February
Tunisia imported record volumes of Russian gasoil and diesel last month as an EU embargo forced Moscow to find new customers for its oil products.
Saudi Aramco buys minority stake in company focused on more fuel-efficient gasoline engines
Saudi Aramco has agreed to take a minority stake in a new powertrain engine company that French car maker Renault SA and China's Geely Automobile Holdings Ltd plan to set up jointly.
Germany has mixed feelings about EU ICE ban
German Transport Minister Volker Wissing called into question a bid by the European Union to ban new cars with internal combustion engines from 2035, saying the use of synthetic fuels should remain possible after the deadline.
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- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
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- Russia and India sign deal to build urea plant in Russia 12/5
