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Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business
Phillips 66 announced that its subsidiary, Phillips 66 Continental Holding GmbH, has entered into a definitive agreement to divest a 65 percent interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.
SP Chemicals plans to raise ethane use at eastern China petchem plant
SP Chemicals is studying plans to increase ethane use as feedstock at its petrochemical complex in eastern China's Jiangsu province to up to 90% from 75%, its CEO Chan Hian Siang said on Thursday.
INEOS, Royal Wagenborg launch the first European-built offshore CO2 carrier for carbon capture and storage
The launch and naming of Carbon Destroyer 1 marks a defining moment in the development of Project Greensand and the EU’s first commercial -scale carbon capture and storage (CCS) value chain.
TotalEnergies seeks permit for $16-B green hydrogen/ammonia project in Chile
The project, run by the Chilean subsidiary TEC H2 MAG, is expected to begin operations in 2030 and includes a wind farm, seven electrolysis centers for green hydrogen, a desalination plant, an ammonia plant and maritime infrastructure for shipping.
ANALYSIS: EU power grid needs trillion-dollar upgrade to avert Spain-style blackouts
Europe's aging power grid and lack of energy storage capacity will require trillions of dollars in investments to cope with rising green energy output, increasing electricity demand and to avoid blackouts.
Crude processing ends at Scotland's Grangemouth oil refinery, redundancies start
Scotland's only oil refinery ceased crude oil processing as of Tuesday, as the site transitions to an import terminal.
Brookfield nears $9-B deal for Colonial Pipeline
Brookfield Asset Management is putting the final touches on a deal to acquire Colonial Pipeline, the largest U.S. fuel transportation system, for more than $9 B including debt.
Ukraine, Russia energy assets in focus after Trump-Putin call
Russia and Ukraine accused each other on Wednesday of launching air attacks that sparked fires and damaged infrastructure just hours after their leaders agreed to a limited ceasefire to halt attacks on energy infrastructure.
North Ammonia, Höegh Evi to explore a clean ammonia supply chain from Norway to Europe
North Ammonia, a developer of renewable fuels of non-biological origin (RFNBO) ammonia facilities in Norway, and Höegh Evi, a global leader in marine energy infrastructure, have signed an agreement to explore a value chain for supplying hydrogen to European industrial users using green ammonia produced in Norway.
Russia signs memorandum to build port, oil refinery in Myanmar
Myanmar and its close ally Russia signed a memorandum on investment cooperation in a special economic zone in Dawei, including construction of a port and an oil refinery, Russia's Ministry of Economic Development said
- Topsoe to support green ammonia flagship project in Saudi Arabia 1/27
- Asahi Kasei, Mitsui Chemicals and Mitsubishi Chemical establish entity for ethylene plant decarbonization 1/27
- Neste supports catalysis research at three universities in Finland 1/27
- Haffner Energy launches the C-iC modular units line to unlock financing for mid-sized biofuel projects 1/27
- Repsol to install second 100-MW electrolyzer at its Petronor refinery 1/27
- Toshiba and Airbus drive the future of hydrogen-powered flight with superconducting motors 1/27
