Europe
Equinor's Mongstad refinery reduces output after lightning strike
Equinor has evacuated some staff and reduced output at its Mongstad oil refinery on Norway's west coast after a lightning strike near the plant disrupted power supplies, it said.
Saudi Arabia imports record Russian fuel oil in June as trade grows
Saudi Arabia imported record volumes of discounted Russian fuel oil in June, a near 10-fold annual increase to meet summer power generation demand and maintain crude exports despite OPEC+ production cuts, according to traders, analysts and Kpler data.
IEA trims 2023 oil demand forecast on economic headwinds
Oil demand is set to hit a record high this year but economic headwinds and interest rate hikes mean the increase will be slightly less than anticipated, the International Energy Agency said.
Stamicarbon secured a €100-MM fertilizer project in Africa, including licensing and proprietary equipment
MAIRE S.p.A. announces that its subsidiary NextChem Holding, through Stamicarbon has been awarded licensing and proprietary equipment contracts related to an ammonia and urea complex for an overall value of approximately €100 MM, making it the largest award to Stamicarbon up to date.
Fire extinguished at Angarsk oil refinery in Russia's Siberia
A fire broke that broke out in the early hours at an oil refinery in the Siberian city of Angarsk has been extinguished, the governor of the Irkutsk region where the city is located, said.
Pakistan negotiating for a second discounted Russia crude shipment
Pakistan is negotiating to buy a second shipment of discounted Russian crude oil, the South Asian country's petroleum minister said.
BASF to supply Neopentyl Glycol from Zhanjiang to KHUA
BASF and Zhejiang Guanghua Technology Co.,Ltd. have signed a Letter of Intent for the supply of Neopentyl Glycol from BASF’s Zhanjiang Verbund site to KHUA.
H.E. Minister Saad Sherida Al-Kaabi stated that QatarEnergy will supply 40% of new LNG by 2029 at the LNG 2023 "Leadership Dialogue"
His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said “40% of all the new LNG that will come to the market by 2029, when all our projects are up and running, is going to be from QatarEnergy.”
Russian gasoline exports jump as Asia, Africa replace Europe
Russia's gasoline exports rose in January to June despite the introduction of the European Union's embargo, thanks to healthy supplies of the fuel to Africa and Asia, data from market sources showed and traders said.
Technip Energies and LanzaTech to collaborate on CO2-to-ethylene tech
Technip Energies and LanzaTech Global, Inc. signed a Joint Collaboration Agreement to create a new pathway to sustainable ethylene utilizing their combined technologies.
- U.S. EIA forecasts new export licensing requirements will reduce U.S. ethane exports 6/18
- Nigeria to export first gasoline cargo to Asia from Dangote refinery 6/18
- Indian refiners cancel palm oil orders for July-September as prices surge 6/18
- U.S. set to object to green jet fuel recommendation at UN aviation council 6/18
- Phoenix Contact introduces intrinsic safety versions of the MINI Analog Pro Ex conditioners for hazardous areas 6/18
- EIA: U.S. crude inventories fall by most in a year, fuel stocks build 6/18
