Europe
Gulf Energy Information appoints Catherine Watkins as Chief Commercial Officer to drive market expansion
Gulf Energy Information (Gulf), a premier B2B media company in the global energy sector, proudly announces the transition of Catherine Watkins from Chief Financial Officer (CFO) to Chief Commercial Officer (CCO), effective immediately. This strategic transition aligns with Gulf’s commitment to expanding market share and driving sales growth across key markets.
Lummus, MOL Group begin engineering execution on Hungary advanced waste plastic recycling plant
Lummus Technology, a global provider of process technologies and value-driven energy solutions, and MOL Group, the leading integrated Central Eastern European oil and gas corporation, have commenced the design phase for the first Lummus advanced waste plastic recycling unit.
OPEC sticks to 2024 oil demand view, sees strong travel season
OPEC is sticking to its forecast for relatively strong growth in global oil demand in 2024 and next year, saying on Wednesday that resilient economic growth and air travel would support fuel use in the summer months.
EIA: Global oil market will be in supply deficit next year
Global oil demand will outpace supply next year, the U.S. Energy Information Administration (EIA) said on Tuesday, reversing a prior forecast for a surplus.
Schwedt refinery hits 80% capacity despite ownership doubts
Germany's Schwedt oil refinery is running at > 80% capacity despite uncertainty over its future ownership but market conditions mean there is no incentive to go any higher.
Enviro receives order for 500 tons of tire pyrolysis oil from repeat customer
Scandinavian Enviro Systems (Enviro) has received an order for deliveries of 500 tons (t) of recovered pyrolysis oil from a leading European oil player. The oil, which will be produced at Enviro’s facility in Åsensbruk, will be delivered during the fall of 2024.
Cepsa Química, Persán to transport their supplies using renewable diesel
Cepsa Química and the Persán group, a leading company of home care and personal care products, have signed an agreement so that the supply transportation of chemical products from Cepsa to the Sevillian company will be carried out using 100% renewable diesel.
Shell to take up to $2-B writedown on Singapore and Rotterdam plants
Shell will take an impairment charge of up to $2 B after the sale of its Singapore refinery and pausing of construction of one of Europe's largest biofuel plants.
World’s first supply chain established for sustainable polyester fiber based on CO2-derived, renewable and bio-based materials
A consortium of seven companies across five countries has jointly established a supply chain for more sustainable polyester fiber. Instead of fossil materials, renewable and bio-based materials as well as carbon capture and utilization will be used in the manufacturing of polyester fibers.
Shell to temporarily pause on-site construction of 820,000-tpy European biofuels facility
Shell Nederland Raffinaderij B.V. will temporarily pause on-site construction work at its 820,000-tpy biofuels facility at the Shell Energy and Chemicals Park Rotterdam in the Netherlands to address project delivery and ensure future competitiveness given current market conditions.
- Tasnee's Saudi Ethylene and Polyethylene Co. commences planned maintenance of ethylene plant 1/2
- Advanced Biofuels Canada Association welcomes federal biofuels production incentive coming into force 1/2
- Technip Energies completes acquisition of Ecovyst’s Advanced Materials & Catalysts business 1/2
- Peru opens state-owned Petroperu to private investment after reorganization 1/2
- Brazil's Petrobras cuts jet fuel prices by 9.4% 1/2
- Norway's new car sales were 96% electric in 2025 1/2
