Europe
FertigHy selects Northern France for first low-carbon fertilizer plant
FertigHy, a pan-European producer of low-carbon, nitrogen-based fertilizer for the agricultural sector, will build its first factory in the Hauts-de-France region in Northern France.
Ethylene downcycle puts nearly 25% of capacity at risk of closure
A series of unprecedented challenges to the global ethylene industry means that as much as 24% of global capacity is now under some threat of permanent closure according to new research by Wood Mackenzie.
Russia gained newer diesel trade partners in 2023
In 2023, Brazil and Saudi Arabia replaced France and Germany as the countries with the second- and third-most seaborne diesel imports from Russia after sanctions related to Russia’s petroleum product trade went into effect in February 2023.
Nextchem, Johnson Matthey partner in waste-to-methanol technology
NEXTCHEM’s MyRechemical will provide its proprietary Circular Methanol™ to its partner in Waste-to-Methanol technology -Johnson Matthey for the joint commercialization of the Circular Methanol™ technology package.
Diesel profit margins decline amid lower demand, more capacity
Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand, putting oil prices under further downward pressure.
ADNOC signs third long-term Heads of Agreement for Ruwais LNG project
ADNOC has signed a 15-yr Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG (EnBW), one of the largest energy companies in Germany, for the delivery of 600,000 metric tpy of liquefied natural gas (LNG).
Heavy oil shortages are driving up refiners' cost
Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on effect to industries ranging from shipping and construction to Middle Eastern power plants.
BASF invests in capacity expansion of Basoflux® range of paraffin inhibitors in Spain
BASF plans to expand the global production capacity of its Basoflux® range of paraffin inhibitors at its site in Tarragona, Spain.
Kazakh refinery to export gasoline made from Russian oil
Kazakhstan and Russia have allowed Kazakh refinery Condensat to export 225,000 t of gasoline this year that will be produced from naphtha supplied by Russia's Tatneft.
Liquid Wind's second eFuel facility granted environmental permit
FlagshipTWO, Sweden's second large-scale production facility of green electrofuel (eMethanol), has received the environmental permit for its planned operations in Sundsvall, Sweden.
- LanzaJet expands partnership with Microsoft to strengthen the company’s global growth 6/13
- Phelan Green Group's $2.6-B eMethanol project remains on schedule 6/13
- Algeria launches $7-B investment plan to expand hydrocarbon processing 6/13
- 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
