Europe
Russia struggles to sell Pacific oil, 14 tankers stuck
More than a dozen tankers loaded with 10-MM barrels of Russia's Sokol grade crude oil have been stranded off the coast of South Korea for weeks, so far unsold due to U.S. sanctions and payment issues.
Maersk names first vessel of its large methanol-enabled fleet “Ane Maersk”
The world’s first large methanol-enabled container vessel has been named "Ane Maersk" at a ceremony in the shipyard of HD Hyundai Heavy Industries in Ulsan, South Korea.
Shell to shut down German oil refinery
Shell will shut down its oil refinery in Wesseling, Germany by 2025 and convert the site to produce lubricant feedstock as part of its drive to reduce its carbon emissions.
Russia may cut naphtha exports by third after fires
Russia will likely cut exports of naphtha by some 127,500 - 136,000 bpd, or around a third of its total exports, after fires disrupted operations at refineries on the Baltic and Black Seas.
New IMI electrolyzer boosts University of Sheffield’s development of SAF
The University of Sheffield has successfully bolstered its efforts to decarbonize the aviation industry by increasing its green hydrogen production capacity, following the successful commissioning of a new polymer electrolyte membrane electrolyzer.
Mabanaft and TUI Cruises sign MoU for the supply of methanol
Hamburg-based energy company Mabanaft has signed a Memorandum of Understanding with TUI Cruises, one of the leading cruise operators, to supply green methanol in the future.
Russian Black Sea oil refinery fire extinguished
A fire at a Rosneft-owned export-oriented oil refinery in the southern Russian town of Tuapse overnight has been extinguished.
Woodside says Santos merger talks still at early stage as it forecasts higher production
Woodside Energy CEO Meg O'Neill said there was no recent precedent for sizable premiums in oil and gas deals as the producer reported it was still in the early stages of talks over a potential $52-B merger with Santos.
Russia's Novatek resumes fuel loadings at damaged Ust-Luga terminal
Russian energy company Novatek resumed fuel loadings at its Baltic Sea Ust-Luga terminal, damaged in a suspected drone attack.
Over 20,000-bpd Russian jet fuel exports in doubt after suspected drone attack
The volume of jet fuel exports at risk of disruption after a suspected drone attack on a Baltic Sea terminal could be more than 20,000 bpd, much of it destined for Turkey, according to data from terminal owner Novatek.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
