Europe
Crude shipments on Druzhba pipeline suspended after drone attack, Hungary says
Shipments of crude oil via the Druzhba pipeline have been suspended following a Ukrainian drone attack on a metering station.
ADNOC eyes international listing of XRG
Abu Dhabi National Oil Company is considering listing its international investment arm XRG on an exchange outside of the United Arab Emirates, potentially creating one of the largest listed energy companies globally.
PetroChina in preliminary agreement with Germany's Mabanaft on expanding fuel sales to Europe
PetroChina International's London unit signed a preliminary agreement with German energy company Mabanaft to expand sales of Chinese refined fuel products to Europe, the Chinese state oil and gas trader said.
Rely to support Verso Energy in the development of seven e-Fuels production plants worldwide
Rely, a joint venture between Technip Energies and John Cockerill, and Verso Energy have signed a memorandum of understanding (MoU), in view of the development by Verso Energy of seven e-Fuels production plants worldwide: four in France, two in Finland, and one in the U.S. These facilities are expected to produce more than 500,000 tpy of sustainable aviation fuel (SAF), with up to 90% lower lifecycle emissions than conventional jet fuel.
Tanker with jet fuel cargo ablaze after collision with container ship off UK coast
A tanker carrying jet fuel was ablaze and leaking in the North Sea off northeast England after a collision with a cargo vessel on Monday, with more than 30 crew sent to hospital.
Russia's Kirishi refinery continues operations after drone attack Saturday
The Kirishi oil refinery in northwest Russia has not stopped oil processing following a drone attack on Saturday, two sources familiar with the plant's operations said on Monday.
North Ammonia, Höegh Evi to explore a clean ammonia supply chain from Norway to Europe
North Ammonia, a developer of renewable fuels of non-biological origin (RFNBO) ammonia facilities in Norway, and Höegh Evi, a global leader in marine energy infrastructure, have signed an agreement to explore a value chain for supplying hydrogen to European industrial users using green ammonia produced in Norway.
INERATEC secures €70-MM financing commitment for Europe’s largest eFuel production
Sustainable eFuel production pioneer INERATEC has formally agreed to a €40-MM venture debt loan with the European Investment Bank (EIB) and a €30-MM grant with Breakthrough Energy Catalyst. The combined €70 MM backing will finance construction of Europe`s largest sustainable eFuel production plant in Frankfurt and eFuel research and development of future, key steps in decarbonizing aviation.
Russia's seaborne fuel oil exports fall in February
Russia's seaborne fuel oil and vacuum gasoil exports dropped 15% in February from the previous month to around 3.3 MM tonnes (t) due to lower production, stormy weather, delayed loadings and drone attacks.
LNG retrofits surge as maritime industry seeks short-term carbon reduction solutions
A surprising development in 2024 was the resurgence of LNG retrofits as shipowners sought immediate carbon reductions to navigate regulatory requirements. More than 305 LNG-fueled ships were ordered last year, accounting for approximately 14% of newbuilding orders, significantly outpacing methanol and ammonia alternatives.
- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20
