Europe
Study to understand role of ammonia in maritime decarbonization announced
The feasibility study, Project FASTMOVE, is part of a Department of Transport funded initiative, UK SHORE, which aims to drive the shift towards a more sustainable maritime sector, while also supporting economic growth across the UK.
Oil flows to Germany via damaged Druzhba pipeline to normalize
Ukrainian drones struck an oil pumping station in Russia's Tambov region, leading to supply disruption via the Druzhba pipeline last month.
Shell officially scraps plans for 820,000-tpy biofuels facility in Rotterdam
Shell will not resume construction of a biofuels facility at its Shell Energy and Chemicals Park in Rotterdam after an in-depth evaluation found it would not be competitive, the company said.
Europe distillates-diesel profit margins rise 5.7% on refinery maintenance
European diesel refinery profit margins rose by 5.7% on Tuesday, supported by upcoming maintenance at the region's largest oil refinery.
Construction to begin on multi-billion-dollar polyethylene plant in Kazakhstan
The main construction work at the polymerization unit of the future polyethylene production plant (a joint project of KazMunayGas, SIBUR and Sinopec) in Kazakhstan will begin in October 2025, KazMunayGas said.
West hits ‘peak sanctions’ on Russia’s energy sector
The complex web of Western sanctions targeting Russia’s oil and gas industry has failed to impede Moscow’s energy flows or its war effort, suggesting that time and overuse are blunting the force of U.S. and European financial weapons.
Shell to begin maintenance shutdown at Pernis oil refinery from mid-September
Shell plans to begin a major shutdown for maintenance at its 404,000-bpd Pernis oil refinery in Rotterdam from mid-September.
Bondalti Chemicals starts operation of chlor-alkali plant in Portugal with Asahi Kasei’s electrolyzer system
Constructed by German engineering company CAC Engineering and using Asahi Kasei’s state-of-the-art chloralkali electrolysis technology, the improved plant will also be utilized for further reducing power consumption and optimizing the use of materials in the chlor-alkali industry.
India's ONGC to keep buying Russian oil if prices economical
Indian explorer Oil and Natural Gas Corporation said its refining units will continue to buy Russian oil if available at economical prices.
- 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
