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Europe

Pakistan PM says first discounted Russian crude oil cargo arrives in Karachi

Pakistan's Prime Minister Shehbaz Sharif said the first cargo of discounted Russian crude oil arranged under a new deal struck between Islamabad and Moscow had arrived in Karachi.

Oil prices fall, U.S. Fed rate decision in focus

Oil prices fell ahead of a U.S. Federal Reserve meeting as investors tried to gauge its appetite for further rate hikes and amid concerns about the prospects for Chinese demand and rising Russian supply.

Maersk secures fuel for first methanol container ship journey

Denmark's Maersk said it has secured fuel for the first container vessel able to run on carbon-neutral methanol on its inaugural journey, from South Korea to Denmark.

Pakistan's Russian crude shipment paid in Chinese currency

Pakistan paid for its first government-to-government import of Russian crude in Chinese currency, the South Asian country's petroleum minister said, a significant shift in its U.S. dollar-dominated export payments policy.

Poland to take 2035 fossil fuel car ban to top EU court

Poland will appeal against European Union rules to end the sale of fossil fuel cars across the bloc from 2035 to the top EU court within days.

Iberdrola steps up green ammonia plans with $808.05-MM project

Spanish power company Iberdrola is expanding its bet on green hydrogen with a plan to build a $808.05-MM plant to produce green ammonia that would be purchased and exported by ammonia trader and shipper Trammo.

A consortium led by Tecnimont awarded a $300-MM EPC contract for a fertilizer plant in Egypt by KIMA

MAIRE S.p.A. announces that a consortium composed by its Integrated E&C Solutions subsidiary Tecnimont S.p.A and Orascom Construction S.A.E. has been awarded a Lump Sum Turn-Key Engineering Procurement and Construction contract for a Nitric Acid and Ammonium Nitrate plant by KIMA, Egyptian Chemical Industries Company.

Neste enables Swedish airport and VÀstflyg airline to become the world's firsts to use SAF on all flights

Trollhättan-Vänersborg Airport in the southwestern part of Sweden, will be the first airport in the world to offer only blended sustainable aviation fuel for all aircraft refueling at the airport, which will significantly reduce greenhouse gas emissions of departing flights.

The sustainable aviation fuel entrepreneurs poised for takeoff

Sustainable aviation fuel had a bumper year in 2022, with production soaring to at least 300 million liters, up 200% on the previous year, according to the International Air Transport Association.

Kent awarded three-year multi-site Master Services Agreement with TotalEnergies

Kent announces that it has been awarded a three-year Master Services Agreement with TotalEnergies for engineering services in the United States.