Europe
Russia's Feb oil exports from western ports seen around 8.2 MMt
Russia’s crude oil exports and transit from its western ports are seen at around 8.2 MMt this month, in line with market forecasts.
Technip Energies invests in the United Airlines Ventures Sustainable Flight Fund
This innovative fund is strategically designed to leverage cross-industry support, providing start-ups working on SAF research, production and technology, with both financial and strategic capital.
KT awarded Eni contract for hydrogen production in Livorno plant biorefinery conversion
MAIRE announced that its subsidiary KT - Kinetics Technology (Integrated E&C Solutions) has been awarded an EPC contract by Italian Energy company Eni to build a hydrogen production plant at Eni’s Livorno refinery.
Sir Ratcliffe warns Europe is “sleepwalking towards offshoring its industry, jobs, investments”
Sir Jim Ratcliffe, Chairman and Founder of INEOS, has written to Ursula von der Leyen, President of the European Commission, warning that Europe is “sleepwalking towards offshoring its industry, jobs, investments, and emissions.”
Equinor says power supply restored at Mongstad refinery after fire
Equinor said the power supply at its Mongstad oil refinery in Norway was restored, after a fire in an electrical facility.
Evergreen Marine and X-Press Feeders sign MOA for green methanol shipping routes in Europe
Evergreen Marine Corporation has signed a MOA with X-Press Feeders to place its containers on X-Press Feeders’ new dual fuel green methanol vessels.
Russia cuts fuel oil supplies by rail for further export by 1.2% in January
Russia reduced fuel oil supplies via rail for further export by 1.2% in January from the same month a year ago and by 6.2% from December amid refinery outages.
India resumes buying Russian Sokol oil after 2-month hiatus
India has resumed imports of Russian Sokol oil after a two-month gap with at least two refiners so far taking deliveries of the light sweet crude in February.
Fire at Equinor's Mongstad, Norway oil refinery extinguished
Equinor said in a statement that the fire, in an electrical kiosk at the refinery, had been extinguished and that emergency personnel were sent for routine medical follow-up.
Russia's seaborne oil product exports fell in January, calculations show
Russia's January seaborne oil product exports fell 8.6% from a year earlier and 2% from the previous month to 10.792 MMt owing to lower processing and unplanned refinery repair work.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
