Europe
Opinion: Trump sanctions on Lukoil, Rosneft could reshuffle global oil map
When President Donald Trump in October slapped sanctions on Rosneft and Lukoil, which together account directly or indirectly for around two-thirds of Russia’s oil exports, the U.S. struck at the core of the Kremlin’s revenue base.
HyOrc secures 10-yr offtake commitment for green methanol pilot
HyOrc Corporation has announced a significant commercial milestone for its Portuguese green methanol project, reinforcing the value proposition of its European strategy.
Opinion: G7’s Russian oil tanker ban shows teeth, but bite is in doubt
The G7’s proposed plan to bar tankers from hauling Russian oil ups the ante in the West’s economic stand-off with Moscow, but the ultimate bite hinges on whether governments will ratchet up punishments on those skirting sanctions.
Russia and India sign deal to build urea plant in Russia
The joint venture will be based on the supply of ammonia from Russia's Togliattiazot plant, with the Indian companies financing the project until the plant begins commercial operations.
Kazakhstan reroutes oil exports after drone attack cuts CPC pipeline capacity
The CPC pipeline, which carries over 80% of Kazakhstan's oil exports and handles more than 1% of global supply, briefly halted operations on Saturday after a mooring at its Black Sea terminal near Russia's Novorossiisk port was damaged.
- Nextchem completes acquisition of Ballestra, expanding its technology portfolio in phosphates and fertilizers 6/25
- ABB's SensyMaster flowmeter receives SIL 2 certification for use in safety-critical process applications 6/25
- INEOS Oligomers announced two new product launches across its specialty chemicals portfolio. 6/25
- Maire signs MoU to explore SAF production in Kazakhstan 6/24
- Air Liquide to supply gases to Silleno's world-scale polyethylene plant 6/24
- Moscow oil refinery hit by drone attacks is unlikely to resume production this year 6/24
