Europe
Turkey top destination for Russian diesel after EU embargo
Turkey remains the top destination for Russian diesel exports after an embargo on shipments to Europe forced traders to divert supplies to Asia, Africa, the Middle East and ship-to-ship loadings.
China's big refineries crowd out teapots for discounted Russian oil
Chinese state oil giants and major private refiners are sweeping up more Russian crude, supporting prices and forcing smaller independents to seek out cheap alternatives such as Iranian oil.
LEGO, Novo Nordisk agree to buy green methanol for plastic production
Toymaker LEGO said it had agreed to buy e-methanol, a lower-carbon alternative to conventional plastic ingredients, for use in its colorful plastic bricks when the world's first large-scale plant starts operations next year.
Stellantis tests e-fuels on existing engines to decarbonize fleet
Carmaker Stellantis is testing 28 types of engine to try to optimize their performance using synthetic e-fuels, which are made with renewable energy, a step it said could decarbonize its existing European models.
France's Avril turns biodiesel focus to trucks from cars
French oilseed group Avril plans to double output of its 100% biodiesel fuel aimed at fleet trucks in 2023, at the expense of standard biodiesel mixed in car fuel, after the business helped the group post record results last year.
Maire Tecnimont Group awarded new technology and high-value engineering contracts for approximately $90 MM
Maire Tecnimont S.p.A. announces that some of its Sustainable Technology Solutions subsidiaries have been awarded several new contracts for technology licensing and engineering services for an overall value of approximately $90 MM.
Stamicarbon signed to license its largest Ultra-Low Energy urea plant
Stamicarbon has signed a contract covering PDP, licensing and equipment supply for an Ultra-Low Energy grassroots urea plant in Jiangxi province, China.
Airlines in line for green fuel funding boost under EU climate law
Airlines could be in line for €2 B in European Union funding to help them switch to sustainable fuels, under reforms to strengthen Europe's climate change policies.
Neste and Q8 collaborate to make Neste MY Renewable Diesel available in the Danish market
Thanks to a strategic cooperation between Q8 and Neste, the heavy transport sector operators can buy Neste MY Renewable Diesel, at nine Q8 stations in Denmark from 17 April 2023 onwards.
Apical’s joint venture with Cepsa to build the largest 2G biofuels plant in southern Europe
Apical has established a joint venture with Cepsa to produce second generation biofuels by constructing the largest plant in southern Europe.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
