Europe
TotalEnergies starts production at France’s first advanced plastics recycling plant
TotalEnergies has launched France’s first advanced plastics recycling plant, with a capacity of 15,000 tpy, at its Grandpuits site southeast of Paris. This start-up marks another step in the conversion of the refinery into a zero-crude platform.
Russia's Novatek to maximize naphtha exports in March amid Asia shortage
Rising production in Ust-Luga and easing ice conditions in the Baltic Sea will allow Novatek to boost naphtha exports to Asian markets, where supply challenges due to the Gulf conflict have sent prices to record highs.
Equinor has no spare oil and gas capacity, CEO says
The U.S.-Israeli attacks on Iran and the latter's retaliatory strikes across the Middle East have disrupted around a fifth of global oil and liquefied natural gas supply along the Strait of Hormuz, a key chokepoint for Gulf state exports.
Japan to consider whether to buy Russian crude following U.S. sanctions waiver
The U.S. waiver allows countries to buy sanctioned Russian oil and petroleum products currently stranded at sea, in what Treasury Secretary Scott Bessent said was a step to stabilize global energy markets, which have been roiled by the Iran war.
- Inprocess' OTS supports startup of AirPlant One 7/22
- Moeve, Exolum secure financing for Muelle Sur, a strategic hub supporting the energy transition 7/22
- South Korea to cut ethylene output in restructuring of largest petrochemical complex 7/22
- Kyrgyzstan approves plan to build mini oil refinery amid Russian supply problems 7/22
- Emerson expands flame detection portfolio for broader application flexibility 7/22
- Modernizing the grid: Building with Nucor domestic EAF steel 7/22
