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Europe

Russia cuts railway gasoline exports by 26.5% in April so far

Russia has reduced gasoline exports by rail in April 1-14 by 26.5% from the same period in March due to an export ban.

Boeing secures its biggest purchase of Neste MY Sustainable Aviation Fuel through EPIC Fuels and Avfuel

Boeing has agreed to purchase 7.5 MM gallons of blended Neste MY Sustainable Aviation Fuel in 2024 to support its U.S. Commercial Airplanes business operations in reducing its greenhouse gas emissions.

Eni to sell stakes in biofuel, bioplastic units by end of 2024

Italian energy group Eni aims to sell by year-end minority stakes in its biofuel and bio-plastic units that could fetch around $1.47 B in total to speed up its energy transition.

BASF broadens its range of bio-balanced ingredients for European detergent, cleaning, and industrial formulations

BASF is expanding its biomass-balanced EcoBalanced product range, doubling up on its commitment as a trailblazer in championing environmentally conscious solutions for detergent and cleaning products manufacturers and industrial formulators

Neste to supply SAF to Air New Zealand at Los Angeles International Airport

Neste and Air New Zealand have signed an agreement for the supply of nine million liters of neat Neste MY Sustainable Aviation Fuel.

Prada Group announces first investment in SAF credits in partnership with DHL Global Forwarding

Prada Group announces its first investment in SAF credits, utilizing DHL Global Forwarding’s GoGreen Plus service.

Astrid Maersk arrives in Shanghai for first green methanol bunkering in China

Maersk achieved a milestone as the large methanol-enabled vessel “Astrid Maersk” berths at Yangshan port in Shanghai, for the first green methanol bunkering with simultaneous cargo and bunkering operations in China.

Maersk names second vessel of its large methanol-enabled fleet “Astrid Maersk” in Japan

In a ceremony held in Yokohama, Japan today, the world's second large methanol-enabled container vessel was named "Astrid Mærsk".

UAE's ADNOC recently eyed bp as takeover target, sources say

The United Arab Emirates' state-owned oil company recently considered buying Britain's bp but the deliberations did not progress beyond preliminary discussions.

Russian oil and products trapped on tankers hit by new Iran-related sanctions

Russian oil and products have become trapped at sea on four tankers after the U.S. hit the vessels with fresh Iran-related sanctions