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Europe

Proman Stena Bulk holds naming ceremony for new methanol-powered tankers

Proman Stena Bulk, the joint venture between leading tanker company Stena Bulk and the leading methanol producer Proman, has formally christened Stena Provident and Stena Progressive, the final two vessels in its initial six-strong methanol-fueled tanker fleet.

OPEC head accuses IEA of vilifying fossil fuel industry

OPEC Secretary General Haitham Al Ghais accused the International Energy Agency of vilifying the oil and gas industry, in the latest clash between the groups over climate policy.

DORIS, Axens, AWT International, SeaQuester and Surbana Jurong announce the CCS Hub Alliance decarbonization solution for hard-to-abate CO2 emitters

DORIS, Axens, AWT International, Sea-Quester Offshore and Surbana Jurong Infrastructure announce the formation of the CCS Hub Alliance, a partnership dedicated to delivering cost-effective and risk-reduced decarbonization solutions to hard-to-abate CO2 emitters.

ABB upgrades Repsol butane plants without any downtime in operations

Repsol Butano entered into an agreement with ABB to upgrade its Distributed Control Systems at 12 of the energy company’s butane factories across Spain.

BASF shares rise on report ADNOC exploring Wintershall Dea deal

Shares in chemicals giant BASF rose after a report that ADNOC is exploring an acquisition of the German group's energy business Wintershall Dea.

Neste to introduce solar power to its Porvoo refinery

Neste has signed a purchase agreement for solar power supply to its Porvoo refinery in Finland with the renewable energy company CPC Finland Oy.  

Maersk to buy 500,000 tpy of bio-methanol/e-methanol from China's Goldwind

Danish shipping group Maersk has agreed to buy 500,000 tpy of bio-methanol and e-methanol from China's Goldwind starting in 2026.

Russia to lift remaining restrictions on diesel fuel exports soon

Russia will soon lift remaining restrictions on diesel fuel exports, Deputy Prime Minister Alexander Novak said on Wednesday speaking in the upper house of the parliament.

Neste to distribute renewable diesel in France

Neste is partnering with two new distributors in France to make Neste MY Renewable Diesel™ available for the first time in the market, starting in January 2024. 

Yara to store CO2 from Dutch plant under Norway seabed

Fertilizer maker Yara has signed a binding agreement to capture CO2 emissions from its Dutch ammonia plant and transport it to the Norwegian North Sea for storage deep beneath the seabed.