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Europe

Neste partners with Coleman Oil Company to make renewable diesel more widely available in Washington State (U.S.)

Neste has partnered with Coleman Oil Company to enable cities and businesses to have easier access to Neste MY Renewable Diesel in the state of Washington in the U.S.

RTX's Pratt & Whitney Canada and Leonardo achieve first 100% SAF flight with AW139 helicopter

Pratt & Whitney Canada and Leonardo today announced the successful completion of the first flight for an AW139 helicopter powered by the PT6C-67C engine using 100% SAF.

Maersk to deploy first large methanol-enabled vessel on Asia - Europe trade lane

Maersk is about to launch the first of its 18 large methanol-enabled vessels currently on order. On 9 February 2024, it will enter service on the AE7 string connecting Asia and Europe, which includes port calls in Shanghai, Tanjung Pelepas, Colombo and Hamburg, with Ningbo, China, being its first destination.

India’s Russian oil imports seen rising on lower prices

Easing global oil prices would help India boost imports from Russia as a lower than $60 a barrel price of Russian oil will enable buyers to use Western services such as insurance and ships.

INEOS announces the acquisition of the LyondellBasell ethylene oxide & derivatives business and production facility at Bayport, Texas (U.S.) for $700 MM

INEOS has announced an agreement with LyondellBasell to buy its ethylene oxide & derivatives business including the Bayport Underwood site, Texas.

Heidelberg University and BASF extend collaboration at jointly operated catalysis laboratory CaRLa for five more years

BASF and Heidelberg University will continue to jointly operate the Catalysis Research Laboratory for a further five years.

EU regulators fine ethanol producer Lantmannen $51 MM over ethanol benchmarks cartel

EU antitrust regulators fined Lantmannen, the largest ethanol producer in the Nordic region, $51.4 MM for rigging ethanol benchmarks between November 2012 to March 2014.

P1 Fuels and Carbon Recycling International sign contract to deliver e-fuel production unit to Germany

P1 Performance Fuels announces a transformative collaboration with Carbon Recycling International to drive e-fuel production for internal combustion engine vehicles.

Global airlines body urges oil sector to invest more in sustainable fuel

The oil and gas sector and alternative fuel producers need to beef up efforts to produce greener aviation fuel to help airlines cut carbon emissions.

Clariant to cut 170 jobs after closing Romania plant, downsize German operations

Clariant cut its full year earnings guidance after it said it would close its bioethanol plant in Romania and downsize its operations in Germany.