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Europe

Willis Sustainable Fuels selects McDermott for sustainable aviation fuel facilities in the UK

McDermott has been awarded a master services agreement (MSA) by Willis Sustainable Fuels (UK) Limited (WSFL) for sustainable aviation fuel (SAF) facilities in the UK.

ClonBio Group selects Seeq for enterprise-wide analytics

Seeq, a leader in industrial analytics, AI and monitoring, and ClonBio Group Ltd., an Irish agribusiness company, have announced a multi-year commercial agreement for the Seeq Industrial Analytics and AI platform to be leveraged across ClonBio’s biorefinery assets in Europe and its principal asset in the U.S. to further accelerate digital transformation outcomes.

European oil giants step back from renewables path

Almost five years ago, bp embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power. The British company is now trying to return to its roots as a big oil and gas player with a growth story to match rivals, revive its share price and allay investor concerns over future profits.

Spain's Moeve swings to quarterly loss on weak refining margins

Spain's second-largest oil company, Moeve, formerly known as Cepsa, posted a third-quarter loss after a sharp decline in refining margins hit its energy business.

Asia naphtha supply expected to remain tight over next two years

Naphtha is expected to remain in short supply in Asia over the next couple of years as more crackers come online and as demand for blending the fuel with gasoline rises.

SOCAR, Baker Hughes partner on integrated gas recovery, H2S removal system at the Heydar Oil Refinery

Baker Hughes and SOCAR signed a contract for an integrated gas recovery and hydrogen sulfide (H2S) removal system that will significantly reduce downstream flaring at SOCAR’s Heydar Aliyev Oil Refinery in Baku, Azerbaijan.

Germany blocks oil firms from using past emissions credits to support biofuel industry

The German cabinet approved reforms to restrict oil companies from carrying excess emissions reductions credits forward, in a step aimed at boosting the biofuel industry that was hit by a quick drop in carbon prices in recent years.

Digital Exclusive: U.S. flip-flop jeopardizes global treaty to end plastic pollution

Rob Benedict, Vice President, Petrochemicals and Midstream, American Fuel and Petrochemical Manufacturers (AFPM), details the Biden administration's (U.S.) flip-flop on allowing individual countries to take their own path to tackle plastics pollution, and instead, wants universal plastic production caps and the banning of certain chemicals. Mr. Benedict details why this approach will only hurt the global objective to end plastic pollution.

Exolum begins demonstration of transport and storage of green H2 in existing terminal infrastructure

Exolum has started the world’s first project to transport and store green H2 on a commercial scale in existing oil infrastructure using liquid organic H2 carriers (LOHCs).

Shell wins appeal against landmark Dutch climate ruling

Oil and gas major Shell on Tuesday won an appeal against a landmark ruling that required it to accelerate carbon reduction efforts, dealing a blow to campaigners who have turned to legal channels to pursue climate action.