Europe
Air Liquide receives EU grant to develop large-scale H2-from-ammonia ENHANCE project
Air Liquide has been awarded a grant of €110 MM from the European Innovation Fund for its ENHANCE project in the port of Antwerp-Bruges, Belgium, that aims to produce and distribute low-carbon and renewable hydrogen (H2) derived from ammonia.
Green light for carbon capture and low-carbon power JV projects in Teesside
bp, together with its partners, has reached financial close for two major CCS projects in Teesside in the northeast of England: the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power).
Two dead, 9 injured, 4 missing in blast at Eni site near Florence
Two people died, nine were injured and four were missing after an explosion on Monday at a fuel storage facility owned by Italian energy group Eni near Florence, local authorities said.
U.S. diesel exports to ARA set to rise on scarce European supply, firm US production
Diesel shipments from the U.S. Gulf Coast to Europe's main trading and refining hub, the Amsterdam-Rotterdam-Antwerp (ARA) region, are set to rise owing to improving export margins on the back of scarce supply in Europe and rising U.S. refinery production.
Russian petrochemicals giant Sibur plans IPO in coming months
Russian petrochemicals giant Sibur plans to list about 2% of its shares in an initial public offering on Russia's Eastern Exchange in the coming months. Russian listings have been thin on the ground since the exodus of Western capital after Moscow sent troops into Ukraine in February 2022, but a handful of small capital raises dominated by local retail investors has breathed some life into moribund equity capital markets.
Varo Energy in talks to buy Preem's Swedish refineries
European energy firm Varo Energy is in talks to acquire Preem's two Swedish refineries in a bet on growing demand for low-carbon biofuels.
Liquid Wind and SAMSUNG E&A partner to accelerate development of eFuel facilities
Liquid Wind and SAMSUNG E&A are entering into a collaboration agreement to accelerate the development of eFuel facilities outside of Europe, in Asia, Africa and the Middle East.
Elyse Energy secures €120 MM to accelerate development of e-methanol and SAF
Elyse Energy, a pioneering French company producing sustainable fuels and low-carbon feedstock, has secured €120 MM from Hy24, PGGM, Bpifrance and Mirova to accelerate development of its e-methanol and sustainable aviation fuel (SAF) production projects in France and Spain, addressing the growing demand for decarbonization solutions in the aviation, maritime and chemical sectors.
px Group awarded O&M contract for Atlantic Fuel Supply Company in Ireland
Following a competitive tender process, px Group, the Teesside, England-based infrastructure solutions business, has been awarded an operations and maintenance contract by Atlantic Fuel Supply Co. (AFSC) at its fuel terminal in Foynes, Ireland, due to the company’s experience and approach to safety standards.
Russian oil flow to Czech Republic expected to resume after halt
Russian oil flows to the Czech Republic via the Druzhba pipeline were seen resuming on Friday after payment issues linked to the transit via Ukraine, which caused a halt, have been sorted.
- 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
