Europe
UAE and Germany deepen energy ties as German Chancellor visits ADNOC HQ
The visit builds on the €14.7-B investment to support Covestro’s long-term growth as a German industrial champion by XRG, ADNOC’s international energy investment company, and underscores ADNOC’s central role in advancing the UAE-Germany strategic energy partnership.
EU proposes service ban for Russian oil exports in new sanctions package
Russia exports over a third of its oil in Western tankers - mostly to India and China - with the use of Western shipping services.
India's Russian oil imports down in January amid trade talks with U.S.
On Monday, U.S. President Donald Trump announced a trade deal with India to cut tariffs to 18% from 50% in exchange for New Delhi halting Russian oil purchases and lowering trade barriers.
Russia's diesel exports jump 19% in January m/m
Exports however were 4.6% below the level of January 2025 as maintenance, drone attacks and other factors affected output.
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- Honeywell to supply digital process and automation technologies to the Dangote refinery 4/9
- Technip Energies awarded contract for Long Son Petrochemicals enhancement project in Vietnam 4/9
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
