Europe
Russia boosts diesel exports by 3% in November despite sanctions, infrastructure damage
Exports of ultra-low-sulfur diesel via Primorsk, Russia’s largest outlet for diesel shipments, surged 39.3% month-on-month to 1.221 MMt as major producers completed seasonal and unplanned overhauls.
New plan to unlock the bioeconomy’s potential
Bio-based products derive from biological resources on land and in the sea. Bio-based chemicals, for example, can be made from algae that are used to produce pharmaceuticals, personal care products and industrial applications. Bio-based plastics are used in packaging and automotive parts. And bio-based construction productions, textile fibers and fertilizers are increasingly in demand.
Ammonia cracking: Bringing an industrial unit in Antwerp to life
In Antwerp, a unique pilot ammonia cracking unit has emerged. More than a technological feat, it is the culmination of genuine teamwork in service of the energy transition. This unit, now operational, will make it possible to convert ammonia into hydrogen on an industrial scale, and paves the way for new low-carbon supply chains.
Serbia says U.S.-sanctioned NIS oil refinery idle until Dec. 2, seeks sanctions waiver
The U.S. Treasury Department’s Office of Foreign Assets Control imposed sanctions on NIS in October, as part of wider sanctions against Russia's energy industry, after a series of waivers since January.
OCI Global announces sale of OCI Ammonia Holding to AGROFERT
OCI Global has reached an agreement for the sale of 100% of its equity interests in OCI Ammonia Holding B.V. to AGROFERT, a significant European nitrogen products manufacturer, for a total consideration of €290 MM.
Moeve wins the BASF award for best circular economy practice in Spain
Moeve has been honored with the BASF Award for best circular economy practice in Spain, in the large company category, for its Recycled Flexitank Project for the Transport of Chemical Products.
Uniper and thyssenkrupp Uhde sign framework agreement on the use of ammonia cracking technology
The agreement covers up to six large-scale plants with a total capacity of 7,200 metric tpd of ammonia. The use of hydrogen from ammonia on an industrial scale will make a significant contribution to the decarbonization of national and European industry.
- 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

