Europe
Russia's November seaborne diesel exports rise as production increases
Russia's seaborne diesel and gasoil exports rose in November on increased fuel production following a reduction in seasonal and unplanned refinery maintenance.
Obrist Group: Methanol is the ideal fossil fuel replacement for key industries
Methanol is the ideal replacement for fossil fuels in numerous key industries. This conclusion was reached by the engineering and consulting firm ILF Consulting Engineers, the patent and law firm ETL-IP, and the auditing company BDO in a joint due diligence of the German-Austrian industrial group Obrist Group.
Topsoe to provide technology for 40,000-tpy e-Methanol project in Galicia, Spain
Topsoe to provide e-Methanol synthesis technology and engineering support for the 40,000-tpy e-Methanol Forestal del Atlántico’s Triskelion project in Galicia, Spain.
MAN Energy Solutions and Bonatti to collaborate on EDF PEI bioenergy plant
A consortium comprising MAN Energy Solutions and engineering, procurement and Construction (EPC) specialist, Bonatti, has signed a contract with EDF PEI – a 100% subsidiary of EDF (Électricité de France SA) that builds and operates power-generation facilities in the French overseas departments and regions, and Corsica.
Full-scale ammonia engine opens new chapter
MAN Energy Solutions has announced that the development of its liquid gas injection ammonia (ME-LGIA) engine has entered a new phase with the commencement of testing of a full-scale, two-stroke engine running on ammonia at its Research Centre Copenhagen (RCC).
NORDEN signs sustainable maritime fuel offtake agreement with Meta
Danish shipping company NORDEN has announced a sustainable maritime fuel agreement with Meta aimed at advancing the decarbonization of the maritime industry.
Russia's Rosneft may delay refinery modernization due to high interest rates, taxes
Rosneft, Russia's largest oil producer, said it may delay modernizing its refineries due to high interest rates and taxes, as its nine-month profit fell 13.9% year on year to $8.7 B.
Germany's BSW pushes to restore Russian oil to Schwedt refinery, seeks regional legitimacy
Germany's leftist Sahra Wagenknecht Alliance (BSW), set to join a new Social Democrat-led regional state government in Brandenburg, announced plans on Wednesday to push for the main refinery that supplies most of Berlin's needs to be supplied with Russian oil once more.
easyJet, Renavia and WFS sign MoU for long-term supply of SAF
easyJet, Braathens Renavia, in partnership with Mana Group and World Fuel Services singed a Memorandum of Understanding for the long-term supply of sustainable aviation fuel for easyJet’s operations in Europe and the UK. The agreement provides easyJet access to up to 150,000 tons of SAF (including up to 75,000 tons of e-SAF) from 2030.
Orlen has lost $1.2 B on petrochemical project, state audit finds
Polish refiner Orlen is estimated to have lost 5 B zlotys ($1.22 B) on the Olefins petrochemicals project, State Assets Minister Jakub Jaworowski said on Wednesday as he presented the results of an audit of state companies.
- 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
