Europe
European glut weighs on global gasoline margins
Gasoline stocks in Europe have hit a record high as exports dropped due to higher refinery runs in the U.S. and Nigeria, resulting in gasoline profit margins at European and U.S. oil refineries falling to a 15-month low in January.
Liquid Wind, Turun Seudun Energiantuotanto Oy to partner on eFuel facility in Finland
Liquid Wind and Turun Seudun Energiantuotanto Oy (TSE) have signed a memorandum of understanding (MoU) for the development of an eFuel facility in Naantali, Finland.
Enilive (Eni) starts SAF production at 400,000-tpy Gela biorefinery in Sicily
Enilive announced the commissioning of its first plant to produce sustainable aviation fuel (SAF) at the Gela biorefinery in Sicily, which has a capacity of 400,000 tpy, representing almost a third of the expected European SAF demand in 2025
Synthetic graphite demand drives attractive techno-economics for coker upgrades
This article describes the economic opportunity that synthetic graphite demand growth presents for American and European refiners. It describes the conditions that best suit a plant to be considered for such a revamp. The article also discusses the modifications needed in capital equipment, process conditions and feedstock to execute this change, the typical capital expenditure required to materialize it, and the transformational gross profit enhancements that could result from these modifications, given the product slate upgrade.
Mabanaft to convert tanks at the Port of Hamburg to methanol storage
Mabanaft plans to convert four of its tanks at the Blumensand tank terminal in the Port of Hamburg over the next two years to methanol and facilitate the import of low-carbon methanol to northern Germany.
Italy, Saudi Arabia sign energy cooperation agreement, including low-carbon hydrogen, ammonia and CCS
The cooperation focuses on renewable energy, reducing methane emissions, power interconnections, renewable and low-emissions hydrogen and ammonia, and carbon capture and storage systems
Reolum selects Johnson Matthey technology for one of the largest planned e-methanol plants in Europe
Johnson Matthey’s (JM) e-methanol technology has been selected by Reolum for the next phase of its La Robla Nueva Energia (NE) project. Located in the Spanish region of Castilla y León, it will be one of the largest e-methanol production plants in Europe, planned to be online by the end of 2027.
Indonesia expects EU to adjust palm oil biofuel stance after EU ruling
Indonesia welcomed a ruling by the World Trade Organization in a case against European Union on palm oil-based biodiesel, expecting the bloc to adjust its regulations to comply with the ruling.
First-ever ammonia and propane co-loaded vessel completes voyage from U.S. to Europe
Trafigura, in collaboration with CF Industries, announced the completion of the first co-loaded ammonia and propane shipment operation of its kind. In early January, the Green Power Medium Gas Carrier (MGC) completed a single voyage from the U.S. to Europe loaded with ammonia from CF Industries and with liquefied petroleum gas (LPG or propane) in separate tanks.
Amazon orders 200 new electric heavy trucks from Daimler for Germany, UK
Amazon said on Tuesday it has ordered 200 Mercedes-Benz fully-electric eActros 600 heavy goods vehicles from Daimler to serve the German and UK markets in its largest electric truck order so far.
- Petron to use Verdagy's electrolyzers to power its biorefinery for SAF, renewable diesel and e-methanol production 1/23
- Evonik, Oerlikon Barmag partner to promote chemically recycled PET 1/23
- Ren-Gas selects MAN Energy Solutions’ methanation technology for its Tampere eMethane plant 1/23
- Mitsubishi integrates phased array ultrasonic testing into steam turbine maintenance 1/23
- European glut weighs on global gasoline margins 1/23
- India's BPCL sees March Russian oil intake down 20% as it awaits offers 1/23