Europe
Shell to exit Nigeria's troubled onshore oil after nearly a century
Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 B.
Drawn by low prices, Chinese refiners hunt for oil to replenish stocks
Chinese refiners are actively booking crude oil cargoes for delivery in March and April to replenish stocks, locking-in relatively low prices and in anticipation of stronger demand in the second half of 2024.
Solvay expands operations across recycling facilities in Europe to enhance circularity in flue gas treatment
Solvay has announced capacity expansions at its Resolest and Solval units, specifically designed for recycling residues from the flue gas cleaning process using the market-leading SOLVAir solution.
Russia's NORSI refinery may halve high-octane gasoline output after outages
Lukoil's NORSI oil refinery in Nizhny Novgorod may halve high-octane gasoline output after an emergency stoppage at one of two plant's catalytic cracking unit.
Greek shipowner seeks U.S. government help with tanker seized by Iran
Empire Navigation Inc, the Greek shipowner of an oil tanker seized by Iran, said it sought any help from the U.S. government in regaining control of its vessel in a U.S. court filing.
Russia boosts fuel exports to Central Asia, Afghanistan and Mongolia in 2023
Central Asian countries, Afghanistan and Mongolia raised their imports of Russian fuel by around 28% in 2023 to almost 6 MMt, partially offseting a decline in Russian supplies to Europe.
Denmark announces alliance on green fuels in India
Maersk, one of the founding members of the Green Fuels Alliance India, will take a seat on the steering committee as one of the representatives of the maritime industry for the conversations around green fuels.
Bulgaria replacing Russian crude with oil from Kazakhstan, Iraq, Tunisia
Bulgaria is replacing Russian oil imports with crude from Kazakhstan, Iraq and Tunisia in January, according to traders and LSEG data.
Russia's NORSI oil refinery halts unit due to an incident
The NORSI oil refinery, one of the largest in Russia, has halted a unit after an incident, oil company Lukoil said, without giving further details.
European diesel refining margins rise after Yemen air strikes
Benchmark northwest European diesel refining margins rose to above $30 a barrel as intensifying conflict in the Red Sea increased concerns about potential supply disruptions.
- Kumho Mitsui Chemicals begins operation of chlor-alkali plant using thyssenkrupp nucera technology 6/16
- MAIRE, Azerbaijan partner to increase sustainability projects in Azerbaijan 6/16
- Mitsubishi Gas Chemical, RITE partner to convert captured CO2 into methanol 6/16
- Yara Clean Ammonia supports groundbreaking ammonia bunkering pilot in Pilbara (Australia) 6/16
- Syensqo signs carbon fiber composites recycling contract with Fairmat 6/16
- OCI Global receives U.S. regulatory approval for the sale of its global methanol business to Methanex Corp. 6/16
