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Europe

Investors urge European chemical makers to take action on emissions

Investors managing more than $4 T in assets have told European chemical companies they must set out a path to move away from fossil fuels, saying that the sector's role in greenhouse gas emissions has been overlooked.

MOL Group reaches historic milestone by bringing Azeri light crude oil from oilfield co-owned in Azerbaijan

MOL Group is transporting crude oil produced at its co-owned oilfield, the Azeri–Chirag–Gunashli in Azerbaijan, to Slovnaft Refinery in Bratislava.

Air Liquide paves the way for ammonia conversion into hydrogen with new cracking technology

Air Liquide announces the construction of an industrial scale ammonia (NH3) cracking pilot plant in the port of Antwerp, Belgium.

What are e-fuels, and can they help make cars CO2-free?

Germany has declared last-minute opposition to a landmark European Union law to end sales of CO2-emitting cars in 2035, demanding that sales be allowed of new cars with internal combustion engines after that date if they run on e-fuels.

Italy makes biofuel demand as EU attempts to unblock combustion engine phase-out

Italy has warned the European Commission that it will only support a solution to unblock the EU's planned phase-out of combustion engine cars by 2035 if it allows the sale of cars running on biofuels to continue after that date.

Trafigura, Vitol might step up trade in Russian oil

Global energy traders Trafigura and Vitol still help to export limited supplies of Russian refined products within the rules of international sanctions, but they are considering whether to resume more trade in Russia's oil

European diesel tightens, crude weakens as French refinery outages linger

European diesel markets are flashing warnings of tightening supply while crude oil markets are weakening after nearly two weeks of disruptions at French refineries due to strike action

Finnair reduces carbon emissions from flights departing Helsinki Airport with Neste MY Sustainable Aviation Fuel

Finnair has purchased 750 tons of Neste MY Sustainable Aviation Fuel from Neste to reduce the carbon emissions from flights departing from Helsinki Airport in Finland.

McDermott Awarded EPsCm Contract from Slovnaft

McDermott has been awarded an engineering, procurement services and construction management (EPsCm) contract from Slovnaft, a.s., for the steam cracker intensification off-gas processing project at its plant in Bratislava, Slovakia.

Russia's Urals crude supply to EU via southern Druzhba rises

Russia's piped supply of Urals crude to the European Union via the southern spur of the Druzhba pipeline is set to rise 6% on a daily basis in the first quarter from the three months before.