Europe
KazMunayGas starts building polyethylene plant with Sinopec, SIBUR
The plant will have a pyrolysis unit which will use the technology of the U.S.-based Lummus, an ethylene polymerization unit using the technology of Chevron Phillips Chemical and Univation Technologies, as well as a butene unit using Axens technology
Varo buys Swedish refiner Preem in bet on biofuels
Varo Energy, backed by private equity giant Carlyle Group and the world's biggest trading house Vitol, said it had agreed to buy Swedish refiner Preem, betting on growing demand for biofuels.
INEOS Enterprises completes the sale of INEOS Composites to KPS Capital Partners for €1.7 B
INEOS Enterprises has completed the sale of its composites business to KPS Capital Partners for approximately €1.7 B. The composites business is a global leader in producing resins and gelcoats that are used to make strong, lightweight composite plastics found in everything from cars and boats to buildings and electronics.
Maersk names dual-fuel methanol vessel “Adrian Mærsk” at Rotterdam flagship terminal
Maersk has celebrated the naming of the dual-fuel methanol ship Adrian Mærsk at its APM Terminals Maasvlakte II terminal in Rotterdam.
Russia increases fuel, diesel supply to Bolivia amid rising energy crisis
Russia is increasing exports of motor fuels to Bolivia, according to data from LSEG vessel tracking and industry sources, as an energy crisis worsens in the Latin American country and Moscow needs to expand sales hit by Western sanctions.
bp plans to sell its mobility and convenience business in Austria
bp announced its intention to sell its mobility and convenience business in Austria.The marketing process will begin immediately, with the aim of reaching sale completion by the end of 2025, subject to regulatory and all relevant approvals.
Eni, Saipem extend collaboration agreement in biorefining
Eni, Saipem extend collaboration agreement in biorefining. Eni will further develop its biorefining capacity through the development of new initiatives for producing biofuels for both aviation and land/maritime transportation.
BASF, Forestal collaborate on advanced e-methanol production using OASE® technology
BASF and Forestal have signed an early disclosure agreement aimed at advancing the production of e-methanol through carbon capture solutions. Under this strategic partnership, BASF has been selected to share its proprietary OASE® blue technology for use in Forestal’s pioneering Triskelion project in Galicia, Spain.
Signature Aviation brings blended sustainable aviation fuel to six new European locations
Signature Aviation has announced the expansion of its blended sustainable aviation fuel (SAF) offering at six new locations across Europe following multiple blended SAF supply agreements.
Farnborough Airport, Hydrogen Refinery sign landmark SAF deal to help kick-start UK domestic refining sector
Farnborough Airport, the birthplace of British aviation and Europe’s leading airport for premium air travel connectivity, has signed a landmark deal with Hydrogen Refinery for 12.5 MM liters (l) 10,000 tpy of sustainable aviation fuel (SAF) produced locally from waste.
- INEOS, Royal Wagenborg launch the first European-built offshore CO2 carrier for carbon capture and storage 5/14
- Ayuda en Acción, Indorama Ventures and IMG Group launch major recycling partnership to tackle waste crisis in Mali 5/14
- Syensqo expands Ryton PPS compounding capabilities in the U.S. 5/14
- ClearSign Technologies receives another engineering order for low-emissions flare burner 5/14
- Nigeria's Dangote oil refinery cancels June maintenance at gasoline unit 5/14
- Russian seaborne diesel exports fell in April 5/14
