Europe
India's Reliance makes rare fuel oil purchase from HPCL
Reliance Industries has in recent weeks made rare fuel oil purchases from state-run Hindustan Petroleum Corp. The purchases suggest the operator of the world's largest refining complex is diversifying its fuel oil sources as India comes under heavy pressure from the U.S. over its energy ties with Russia.
SIBUR develops new polyethylene grade for FMCG packaging
SIBUR, Russia's largest polymer producer, has developed a new grade of metallocene linear low-density polyethylene (mLLDPE) for flexible fast-moving consumer goods (FMCG) packaging.
VINCI wins major contract for innovative biofuels plant in Spain
Moeve and Apical have awarded Grupo Cobra and Masa - both subsidiaries of Cobra IS – the electrical, piping and industrial mechanical works of the largest second-generation biofuels plant in Spain.
Orlen Unipetrol to shut ethylene unit at Litvinov plant for several days
The ethylene unit at Orlen Unipetrol's Litvinov plant in the Czech Republic must be shut for several days due to a technical fault, the company said in a statement.
Chevron Phillips Chemical completes low-viscosity PAO expansion in Belgium
Chevron Phillips Chemical has successfully completed the expansion of its low-viscosity polyalphaolefins production unit in Beringen, Belgium, significantly boosting its manufacturing capacity in Europe.
Indian refiners using term deals as hedge against Russian supply risk
India's state oil refiners will continue to use annual contracts to secure oil supplies and hedge against market volatilities as the future of cheap Russian purchases is in doubt, the oil ministry said in a report to parliament.
MOL Group successfully completes another SAF and HVO production test
MOL Group is highlighting a recent milestone in its energy transition journey. Sustainable aviation fuel (SAF) has been successfully produced for the first time at INA’s Rijeka Refinery during a pilot project to process biocomponent, as well as a significant volume of renewable diesel hydrotreated vegetable oil (HVO).
e-Fuels for climate-friendly data centers: Rolls-Royce and INERATEC launch partnership
Their goal: to replace fossil diesel in emergency power systems with synthetic fuels produced from renewable hydrogen (H2) and carbon dioxide (CO₂).
Russian oil exports will rise after drone strikes shut refineries
The extra oil has the potential to add to downward pressure to the global oil market as supplies are already set to be increased by an output hike agreed on Sunday by OPEC+.
Russia ships first naphtha cargo to Vietnam
Naphtha is a primary feedstock in the petrochemical industry for producing olefins and aromatics, which are then used to manufacture a wide array of products, including plastics, synthetics and various other chemicals, and also used for gasoline blending.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
