Europe
Japan's NYK, GCMD sign 5-year agreement for low-carbon shipping collaboration
Japan's leading shipping company NYK has signed a 5-year contract with the Global Centre for Maritime Decarbonisation to collaborate on low-carbon solutions for shipping.
Syclus selects Axens for Europe's first ethanol-based renewable ethylene plant with Atol technology
Syclus intends to build and operate a plant for the production of renewable ethylene from sustainable ethanol in Chemelot Industrial Park, Geleen, The Netherlands and will rely on Atol technology from French company Axens.
Technip Energies acquires Processium to fast-track technology development for net zero goals
Technip Energies announces the acquisition of Processium, an expert company in process development, equipped with laboratory and piloting facilities located in Lyon, France.
New bike bag lowers CO2 footprint with recycled end-of-life tire materials
BASF and baesiq cooperate in the production of sustainable bags
Is oil market’s glass half full or half empty?
Global petroleum prices appear reasonable given the level of inventories – to the frustration of the producers who would like them to be significantly higher.
Oil heads for fourth straight quarterly decline
Oil prices rose above $75 a barrel but were on course for a fourth consecutive quarter of losses amid concerns over sluggish global economic activity and fuel demand.
Fashion industry driving demand for green shipping, Maersk says
Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk, as the sector faces pressure from consumers and regulators to reduce their climate footprint.
Yara, BASF assess low-carbon blue ammonia project on US Gulf coast
Norway's Yara and chemicals giant BASF are looking into developing and building a low-carbon blue ammonia production facility in the U.S Gulf coast region, the two companies said in a joint statement.
Russia faces no domestic gasoline shortage with exports down
Russia's energy ministry said it sees no shortage of gasoline in the domestic market, with companies having cut their exports and increased production after gradually completing planned maintenance work.
Axens builds on ExxonMobil MTBE Decomposition Technology for high purity isobutylene production
ExxonMobil Catalysts and Licensing LLC and Axens have signed an exclusive licensing alliance agreement allowing Axens to include ExxonMobil’s MTBE Decomposition Technology for high purity isobutylene in its portfolio.
- 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
