Europe
Putin orders regulated prices for fuel oil, Russia's export ban stays
Russian President Vladimir Putin has ordered the government to provide state funds to ensure a smooth heating season, including the introduction of regulated prices for fuel oil supplied for household heating in some regions.
Evonik further expands production capacity for gas separation membranes
Evonik will further expand capacity for production of its SEPURAN hollow fiber membranes in Schörfling and Lenzing, Austria.
Technip Energies awarded an advanced biofuels unit and a green hydrogen unit at Galp Sines Refinery
Technip Energies has been awarded Engineering, Procurement Services and Construction Management contracts by Galp for an advanced biofuels unit and a green hydrogen unit for its Sines refinery in Portugal.
Russia may ease ban on diesel exports soon
The Russian government is ready to ease a ban on diesel exports in coming days.
India buys less Russian oil while Turkey increases its purchases
India's share of Russian Urals oil shipments in September declined from August amid refinery maintenance, while Turkey increased purchases due to a shortage of sour barrels in the Mediterranean.
Egypt, Maersk's C2X sign agreement worth up to $3 B for production of green fuel
Egypt and Maersk's C2X signed a new framework agreement worth up to $3 B for the production of green fuel and its derivatives in the Suez Canal economic zone.
Saudi Arabia, Russia to continue voluntary oil cuts
Saudi Arabia and Russia said they were continuing voluntary oil cuts to year end as tightening supply and rising demand support oil prices.
Repsol selects Honeywell Ecofining Technology for biofuel production in Spain
Honeywell announced today that Repsol has licensed Honeywell Ecofining technology to produce renewable fuels from feedstocks such as used cooking oil and waste animal fat at Repsol’s facility in Puertollano, Spain.
Russia declines to say how long fuel export ban will last
Russia is setting no time frame for the fuel export ban it introduced last month, and it will remain in place as long as necessary to stabilize prices and address shortages on the domestic market.
Spain, IEA back Dutch call to phase out fossil fuel subsidies
Spain's energy minister and the head of the International Energy Agency backed the Netherlands' call for an international coalition to phase out fossil subsidies.
- Aramco signs MoU with Microsoft to help advance industrial AI and digital talent transformation 2/23
- Chandra Asri's chlor alkali-ethylene dichloride project reaches 50% completion 2/23
- Solvay to reduce production at Torrelavega soda ash plant due to market conditions 2/23
- Zeon Corp. holds groundbreaking for new cyclo-olefin polymers plant 2/23
- Indorama Ventures and AMB Spa introduce industrial-scale breakthrough for recyclable multilayer trays 2/23
- deugro delivers critical equipment for Technip Energies project in U.S. 2/23
