Europe
Biofrigas inks agreement to deliver infrastructure for the liquefaction of upgraded biogas
Biofrigas has signed a letter of intent with a biogas producer in Finland regarding the delivery of infrastructure for the liquefaction of upgraded biogas.
TotalEnergies to supply up to 1.5 MMt of more SAF to Air France-KLM
TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 MMt of more sustainable aviation fuel (SAF) to Air France-KLM Group airlines over a 10-yr period, until 2035.
UPM Biochemicals and Södra accelerate the commercialization of innovative lignin-based solutions
UPM is growing its portfolio of sustainable lignin solutions over the past years. UPM BioPiva™ is a range of cost-effective, non-toxic and high-purity kraft lignin products used in renewable adhesives and binders as a replacement for fossil-based chemicals.
Global refiners face profit slump as new plants come online
Oil refiners in Asia, Europe and the U.S. are facing a drop in profitability to multi-year lows, marking a downturn for an industry that had enjoyed surging returns post-pandemic and underlining the extent of the current slowdown in global demand.
Three slightly injured in fire inside Greek oil refinery near Athens
Three people were slightly injured in a fire at Motor Oil's refinery west of Athens, Greece. The fire broke out on in refining units, forcing workers to evacuate as a column of black smoke poured across the evening sky.
Update: Rosneft's complaint over Schwedt stake sale unlikely to succeed
Russia's Rosneft is unlikely to succeed with its complaint against Shell's planned sale of a stake in Germany's PCK Schwedt refinery, a German court said on Wednesday, citing a preliminary assessment.
SOCAR awards NEXTCHEM two contracts to upgrade/expand Heydar Aliyev refinery in Azerbaijan
SOCAR has awarded NEXTCHEM two contracts to upgrade and expand the capacity of the Heydar Aliyev Oil refinery industrial complex in Baku, Azerbaijan.
KazMunayGas begins construction on $7.4-B polyethylene complex in Kazakhstan
KazMunayGas has begun construction on a $7.4-B, 1.25-MMtpy polyethylene plant in the Atyrau region of Kazakhstan. The project will establish an oil and gas chemical industry cluster in the country’s western region.
Germany to increase Kazakh crude oil imports, won't circumvent Russia sanctions
Germany will sign two contracts to increase oil imports from Kazakhstan for Berlin's main Schwedt oil refinery.
Russia's idle oil refining capacity in September seen up 34% vs August
Russia's offline primary oil refining capacity in September is set to jump 34% from August due to technical outages, Ukrainian drone attacks and seasonal maintenance. Offline capacity is seen at 3.87 MMt this month, or 14.5% of Russia's total oil refining capabilities. That is up from 2.95 MMt in August.
- AFPM/API: President Trump officially overturns California (U.S.) gas car ban 6/12
- Decision on oil refiner Italiana Petroli's sale expected around end-June 6/12
- EIA: U.S. crude stocks fall, gasoline and distillate inventories rise as refining activity increases 6/12
- AB Foods holds off bioethanol plant closure decision until June 25 6/12
- EU to subsidize high volume of greener aviation fuel to boost airline demand 6/12
- Solvay, Veolia inaugurate new unit for recycling industrial flue gas treatment residues in Meurthe-et-Moselle, France 6/12
