Europe
Solvay and BASF together reduce scope 3 emissions in hydrogen peroxide production
Solvay and BASF announced to jointly focus on a meaningful reduction in scope 3 greenhouse gas emissions within the hydrogen peroxide supply chain.
Equinor's Mongstad refinery shut after power outage, gas leak
Norway's Mongstad oil refinery has been shut following a power outage and a small gas leak at the facility.
bp Rotterdam oil refinery's crude unit restarted on June 4 after unplanned outage
bp has restarted a crude distillation unit at its Rotterdam oil refinery on the morning of June 4, having shut the 200,000-bpd unit because of an unplanned outage the previous day.
Moeve signs its largest marine biofuel supply agreement with Armas Trasmediterránea
Moeve has reached a strategic agreement with Grupo Armas Trasmediterránea to supply 2G marine biofuels in the Canary Islands, with approximately 40,000 t to be delivered through December 2025 under a long-term contract, with the potential for extension into 2026.
Both crude units at bp Rotterdam oil refinery are offline
Both crude units at bp's Rotterdam oil refinery are offline following a shutdown at one 200,000-bpd unit in the morning of June 3, energy consultancy Wood Mackenzie said.
Global oil refiners see short-term boost from higher margins
Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated weakening later this year, as plant closures have tightened fuel supply needed to meet peak summer demand.
Polish oil pipeline to Germany restarts after checks for potential leak
Polish oil pipeline company PERN restored the operation of one of two branches of the western Druzhba pipeline transporting oil to German refineries after halting it briefly to check for a potential leak.
RIC Energy and Siemens to jointly develop renewable H2, green ammonia and eFuels
The collaboration will especially boost the sustainable aviation fuel (eSAF) plant that RIC Energy is promoting in Cubillos del Sil (León), known as the Compostilla Green project, which was recently recognized by IDAE as the top-rated initiative under the H2 valleys program.
European chemical industry pessimistic for 2025, recovery not until 2026 says new report
After a sobering business year in 2024 ("lost year"), the leading European chemical companies are still not forecasting any significant recovery for 2025. A cautiously positive development is only expected in the second half of the year - provided that a global trade war or a lack of economic recovery do not thwart the forecast.
India's May diesel exports to Southeast Asia seen at multi-year highs on higher margins
India's diesel exports to Southeast Asia for May are expected to be the highest in at least four years, as traders eyed higher profits in Asia and as higher freight costs deterred shipments to Europe.
- LyondellBasell to sell select European petrochemical assets to AEQUITA 6/9
- Alpek will cease operations at its PET facility in North Carolina (U.S.) 6/6
- ANDRITZ to acquire Diamond Power Intl. businesses 6/6
- ABB launches AMXE Marine Motor to enhance vessel efficiency 6/6
- Private refiners tap India's drivers as export markets tighten 6/6
- Irving Oil invests $100 MM in Saint John refinery upgrade 6/6
