Europe
Green hydrogen retreat poses threat to emissions targets
Green H2 developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels.
Data and digital: TotalEnergies and Emerson sign a strategic collaboration to boost the value of industrial data
TotalEnergies and Emerson’s Aspen Technology business have announced a strategic collaboration to deploy advanced digital technologies for the continuous, real-time collection of data from TotalEnergies’ industrial sites.
Europe's chemical industry seeks a lifeboat to stay in business
Europe's petrochemical industry is unravelling under a wave of plant closures after years of losses and a rapid expansion of global capacity led by China.
German chemical lobby VCI sees no sector recovery before 2026
Germany's chemical industry lobby VCI does not expect a sector upswing before 2026, even though the rapid downtrend the chemical-pharmaceutical industry has seen in recent years seems to be over.
Saudi Arabia solidifies international partnerships to export renewable energy, green H2 to Europe
The agreements and MoUs were signed during the Renewable Energy and Green Hydrogen Export Workshop, led by ACWA Power under the supervision of the Ministry of Energy.
Russia’s Rosneft slams EU sanctions on India's Nayara refinery
The European Union's 18th package of sanctions against Russia over the conflict in Ukraine, was approved on Friday and is aimed at dealing further blows to Russia's oil and energy industry.
Russian seaborne diesel exports for July 1–15 fall 6% month-on-month
Russia's seaborne diesel and gasoil exports fell by 6% to about 1.43 MM tonnes (t) in the first 15 days of July from the same period in June as refinery maintenance and strong domestic demand affected supplies.
INEOS invests £30 MM to slash emissions at Hull site by 75%
The investment is part of INEOS’ wider strategy to decarbonize its operations across the UK and Europe. INEOS Acetyls is the only industrial scale manufacturer of acetic acid, acetic anhydride, and ethyl acetate in Europe.
BASF and Equinor sign 10-yr natural gas supply agreement
BASF and Equinor have signed a long-term strategic agreement for the annual delivery of up to 23 TWh (around 2 Bm3) of natural gas over a 10-yr period.
Oil prices rise after new EU sanctions on Russia
The EU reached an agreement on an 18th sanctions package against Russia over its war in Ukraine, which includes measures aimed at dealing further blows to Russia's oil and energy industries.
- Envision Energy powers world's first green marine ammonia bunkering 7/25
- New catalyst breakthrough could make clean ammonia easier to produce 7/25
- U.S. Gulf refiners seek Middle East, S. American oil to offset Venezuela, Mexico losses 7/25
- CEO of Russia-backed Indian refiner Nayara resigns after EU sanctions 7/25
- PetroChina makes FID for new northeast refinery complex 7/25
- Valero Energy beats Q2 profit estimates as refining margins improve 7/24
