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.
What's in the EU's 18th sanctions package against Russia?
Here are the details of the European Union's 18th sanctions package against Russia over its war in Ukraine, approved on Friday and aimed at dealing further blows to Russia's oil and energy industry.
Moeve and Zaffra sign Memorandum of Understanding to develop eSAF facilities in Spain
Moeve (formerly Cepsa) and Zaffra, a joint venture between Sasol and Topsoe, announce the signing of a Memorandum of Understanding (MoU) that will see the Spanish energy firm and the Amsterdam based electro-sustainable aviation fuel (eSAF) developer take a step forward to advance European aviation fuel decarbonization.
Blue Water significantly reduces CO2 emissions by switching to HVO in port operations
Blue Water is taking a new step in its efforts to reduce the company's CO2 emissions by introducing hydrotreated vegetable oil (HVO) diesel as fuel for port activities in Esbjerg, Aarhus and Lindø, Denmark.
IATA: EU's 'green' fuel mandate costly and not helping environment
The International Air Transport Association (IATA) on Wednesday stepped up criticism of the European Union's sustainable aviation fuel (SAF) mandate as a costly initiative that is not helping the environment as regional supplies there remain low.
Trump's sanctions threat looms over Russian oil exports to China, India and Turkey
U.S. President Donald Trump threatened to hit buyers of Russian exports with sanctions unless Russia agrees to a peace deal over the conflict in Ukraine, potentially complicating Moscow's oil sales to China, India and Turkey.
Russia's June seaborne oil product exports down 3.4% m/m
Russia's seaborne oil product exports in June were down 3.4% from May at 8.98 MM tonnes (t) amid planned domestic refinery maintenance and strong domestic demand.
Russia`s Tatneft launches new hydrocracking unit on TANECO refinery
Russian mid-sized oil producer Tatneft has launched a new hydrocracking unit at its TANECO refinery.
Dow to close three European chemical plants, cut 800 jobs
Dow Chemical will shut down three chemical plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said. The company said the shutdowns will remove higher-cost, energy-intensive portions of Dow's portfolio in Europe.
- 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
