Europe
Russia's seaborne diesel exports rise in July
Russia's seaborne diesel and gasoil exports in July rose by 5% from a month earlier to about 3.8 million metric tons as seasonal refineries maintenance slowed down.
Re-refining Plant by Sequoia operational in Galicia Spain
Intacta, PMA and Sequoia are pleased to announce successful startup of a vacuum distillation plant in Galicia, Spain. The plant is capable of processing fifty metric tons per day of waste lubricating oil and waste fuels.
BASF increases production capacity for medium-molecular weight polyisobutenes in Ludwigshafen, Germany
BASF will increase the production capacity for its medium-molecular weight polyisobutenes, marketed under the tradename OPPANOL B, at its site in Ludwigshafen, Germany, by 25%.
Technip Energies and Enerkem join forces on biofuels and circular chemicals technology deployment
Technip Energies and Enerkem Inc. have signed a memorandum of understanding to enter into a Collaboration Agreement aimed at accelerating the deployment of Enerkem’s technology platform for biofuels and circular chemical products from non-recyclable waste materials.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,050 active projects in the HPI.
Lufthansa Group and HCS Group sign Letter of Intent on the production and supply of sustainable aviation fuel ‘Made in Germany’
The Lufthansa Group and the HCS Group have signed a Letter of Intent to partner on the production and supply of sustainable aviation fuel.
Britain commits to hundreds of North Sea oil and gas licenses
Britain committed to granting hundreds of licenses for North Sea oil and gas extraction as part of efforts to become more energy independent, drawing criticism from environmental campaigners.
BASF, Huntsman, and Chinese partners agree to petrochemical deal in China
BASF and Huntsman together with their Chinese partner companies – Shanghai Hua Yi (Group Company), Sinopec Shanghai Gaoqiao Petrochemical Co., Ltd. and Shanghai Chlor-Alkali Chemical Co., Ltd. – announce the planned separation of their joint MDI (diphenylmethane diisocyanate) production at Shanghai Lianheng Isocyanate Co., Ltd. (SLIC).
Russia's ESPO blend crude prices to China soar on robust demand
Discounts for Russia's ESPO Blend crude arriving in China in September are at their narrowest in eight months on firm demand from Chinese independent refiners, trade sources said.
End of Nigerian fuel subsidy set to squeeze Europe's refiners
One of Europe's main markets for gasoline has shrunk, threatening to squeeze European refiners, after Nigeria removed fuel subsidies, which destroyed much of the country's domestic demand and a regional market for smuggled fuel.
- Eastern Mediterranean petrochemical cluster developed by Rönesans attracts over $3 billion in investment 7/24
- Energia Costa Azul, Mexico’s second LNG terminal, ships first cargo 7/24
- Indorama Ventures advances circular economy "Zero Waste-to-Landfill" initiative 7/24
- Honeywell Technologies raises 2026 profit forecast in first post-split earnings 7/24
- Chemicals maker Dow beats second-quarter profit estimates 7/24
- Vietnam's Nghi Son refinery secures crude oil to operate through end-September 7/24
