Construction
U.S. DOE awards $41 MM for renewables-to-liquids/chemicals projects
The U.S. Department of Energy announced $41 MM for 14 projects to develop technologies, renewables-to-liquids, for harnessing renewable energy to produce liquids for sustainable fuels or chemicals.
ADNOC signs long-term HOA with Osaka Gas for Ruwais LNG Project
ADNOC announced the signing of a long-term Heads of Agreement with Osaka Gas, one of the largest utility companies in Japan, for the delivery of up to 800,000 tpy of LNG.
OCI Global to sell its clean ammonia project in Texas (U.S.) to Woodside Energy for $2.35 B
OCI Global has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in OCI’s 1.1-MMtpy clean ammonia project under construction in Beaumont, Texas to Woodside Energy Group Ltd for $2.35 B.
NextChem to conduct a feasibility study for a 60,000-tpy SAF plant in Indonesia
NextChem (Sustainable Technology Solutions) has been awarded a feasibility study, along with PT Tripatra Engineers and Constructors, for a 60,000-tpy sustainable aviation fuel project located in Sei Mangkei, Indonesia.
Verbio launches ethanol production at its biorefinery plant in Iowa (U.S.)
Verbio has commenced the commercial production of corn-based ethanol at its biorefinery facility in Nevada, Iowa.
Shard Capital proposes $7-B petrochemical complex in Egypt
Egypt's Ministry of Petroleum and Mineral Resources announced that Shard Capital has proposed constructing a $7-B petrochemical complex in Egypt's New Alamein Industrial Zone.
NextChem to provide NX CPO technology to SAF pilot plant in Italy
NextChem will provide the license and the proprietary equipment related to its NX CPOTM technology to Saras’ SAF pilot facility in Sarroch (Sardinia).
Gunvor joins VARO to jointly develop large-scale SAF manufacturing facility
Gunvor Group will join VARO Energy in building a large-scale sustainable aviation fuel (SAF) manufacturing facility at the Gunvor Energy Rotterdam site through a proposed joint venture.
Illimity Bank provides financing for ISAB refinery upgrade in Italy
Illimity Bank said it had structured a financing deal worth more than 400 MM euros for Italian refinery ISAB, which plans to reduce the environmental impact of its activities under a 1.4-B euro investment plan.
Used oil recycling: EDL to engineer another used oil-re-refining plant for Puraglobe
EDL Anlagenbau Gesellschaft has been commissioned by Puraglobe Holding GmbH to engineer another HyLube plant, this time outside Europe.
- Indian Oil buys first Colombian oil under Ecopetrol contract 12/31
- Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery 12/31
- Chile's $2.5-B Volta green ammonia project wins environmental permit 12/31
- China begins issuing second batch of 2026 crude import quotas to refiners 12/31
- EIA: U.S. crude, fuel inventories rose in the week ended December 19 12/30
- Ghana's Tema oil refinery restarts after 9-yr shutdown 12/30

