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Europe

Stuttgart Airport ground fleet vehicles now fueled by Neste renewable diesel

Stuttgart Airport has started using Neste MY Renewable Diesel as a solution to reduce its CO2 emissions and as part of the climate program of Baden-Württemberg's state airport in Germany.

Russia set to pipe more oil to China, stepping up race with Saudis

BEIJING/MOSCOW (Reuters) — Chinese oil refineries are gearing up to receive more Russian oil transported through an expanded Siberian pipeline network from January, likely cementing Russia's position as China's largest oil supplier in a close race with Saudi Arabia.

Russia's Lukoil puts Italian refinery up for sale

LONDON (Reuters) — Lukoil is seeking to sell its ISAB oil refinery complex in Italy as part of the Russian firm's review of its overseas operations, two industry sources said on Wednesday.

Oil up 2% despite US crude build; set for best Q3 since 2004

NEW YORK (Reuters) — Oil prices rose nearly 2% on Wednesday, despite a rise in US crude inventories, with the market heading for its largest third-quarter gain in 13 yr after the Iraqi oil minister said OPEC and its partners were considering extending or deepening output cuts.

Baker Hughes, KBC partner on integrated process, operational software solutions

PARIS — Baker Hughes, a GE company and KBC a wholly owned subsidiary of Yokogawa Electric Corporation, announced a preferred partnership that will provide a combination of process simulation, asset performance management and operational software solutions to the oil and gas industry.

EU confirms reduced import duties for Argentine biodiesel

BRUSSELS (Reuters) — The European Union will lower import duties on Argentine biodiesel following a World Trade Organization ruling against initial measures in place, it said on Tuesday.

China's Unipec to ship first VLCC of diesel to Europe

SINGAPORE (Reuters) — Unipec, the trading arm of China’s state-owned Sinopec, is shipping its first very large crude carrier (VLCC) of diesel from China to Europe, two sources close to the matter said on Friday.

CNPC, Eni sign new cooperation agreement

ROME — China National Petroleum Corporation (CNPC) and Eni signed cooperation agreement in order to cooperate in oil & gas exploration and production, gas and LNG value chain opportunities, trading and logistics opportunities, refining and petrochemicals. The partnership will regard both China and overseas activities.

EIA: Global use of liquid fuels to grow by nearly a fifth by 2040

NEW YORK (Reuters) — Global use of petroleum and other liquid fuels will grow by nearly a fifth by 2040, driven by the transportation and industrial sectors, the US government said on Thursday.

GE awards INEOS for water technology at Scottish petchem plant

TREVOSE, PA. — GE Water & Process Technologies has honored INEOS with its prestigious Ecomagination Leadership and Return on Environment (ROE) awards to recognize the petrochemical manufacturer for its noteworthy reductions in water usage and associated costs savings on its KG ethylene plant at its petrochemical complex in Grangemouth, Scotland.