Europe
INEOS invests £30 MM to slash emissions at Hull site by 75%
The investment is part of INEOS’ wider strategy to decarbonize its operations across the UK and Europe. INEOS Acetyls is the only industrial scale manufacturer of acetic acid, acetic anhydride, and ethyl acetate in Europe.
BASF and Equinor sign 10-yr natural gas supply agreement
BASF and Equinor have signed a long-term strategic agreement for the annual delivery of up to 23 TWh (around 2 Bm3) of natural gas over a 10-yr period.
Oil prices rise after new EU sanctions on Russia
The EU reached an agreement on an 18th sanctions package against Russia over its war in Ukraine, which includes measures aimed at dealing further blows to Russia's oil and energy industries.
What's in the EU's 18th sanctions package against Russia?
Here are the details of the European Union's 18th sanctions package against Russia over its war in Ukraine, approved on Friday and aimed at dealing further blows to Russia's oil and energy industry.
Moeve and Zaffra sign Memorandum of Understanding to develop eSAF facilities in Spain
Moeve (formerly Cepsa) and Zaffra, a joint venture between Sasol and Topsoe, announce the signing of a Memorandum of Understanding (MoU) that will see the Spanish energy firm and the Amsterdam based electro-sustainable aviation fuel (eSAF) developer take a step forward to advance European aviation fuel decarbonization.
Blue Water significantly reduces CO2 emissions by switching to HVO in port operations
Blue Water is taking a new step in its efforts to reduce the company's CO2 emissions by introducing hydrotreated vegetable oil (HVO) diesel as fuel for port activities in Esbjerg, Aarhus and Lindø, Denmark.
IATA: EU's 'green' fuel mandate costly and not helping environment
The International Air Transport Association (IATA) on Wednesday stepped up criticism of the European Union's sustainable aviation fuel (SAF) mandate as a costly initiative that is not helping the environment as regional supplies there remain low.
Trump's sanctions threat looms over Russian oil exports to China, India and Turkey
U.S. President Donald Trump threatened to hit buyers of Russian exports with sanctions unless Russia agrees to a peace deal over the conflict in Ukraine, potentially complicating Moscow's oil sales to China, India and Turkey.
Russia's June seaborne oil product exports down 3.4% m/m
Russia's seaborne oil product exports in June were down 3.4% from May at 8.98 MM tonnes (t) amid planned domestic refinery maintenance and strong domestic demand.
Russia`s Tatneft launches new hydrocracking unit on TANECO refinery
Russian mid-sized oil producer Tatneft has launched a new hydrocracking unit at its TANECO refinery.
- 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
