Europe
Blue Water and Arcadia eFuels partner for CO2 transport
Blue Water and Arcadia eFuels have signed a Memorandum of Understanding (MoU) to create a CO2 logistics partnership for the transport of liquid CO2 for Arcadia eFuels’ upcoming production facility in Vordingborg, Denmark.
Fire put out at oil refinery in Baku (Azerbaijan)
A fire at a 130,000-bpd oil refinery in Azerbaijan's capital Baku was extinguished on Wednesday, emergency cervices said.
Solvay to nearly halve CO2 emissions at Torrelavega plant by 2027 with major biomass project
Solvay is taking another decisive step to phase out coal at its soda ash and bicarbonate plants with a new energy transition project in Torrelavega, Spain, aiming to nearly halve carbon dioxide (CO2) emissions by 2027 and ensure the site’s long-term competitiveness.
Shell is considering selling off chemical assets in Europe and the U.S.
Shell is considering a potential sale of its chemicals assets in Europe and the United States, the Wall Street Journal reported, citing sources familiar with the matter. The energy group has hired Morgan Stanley to conduct a strategic review of its chemicals operations, the report said.
MAIRE awarded various EPC contracts, totaling $3.5 B
MAIRE announced that its subsidiaries TECNIMONT, KT-Kinetics Technology and NEXTCHEM and have been granted new awards for a total amount of approximately $3.5 billion for engineering and procurement and construction activities related to petrochemical and hydrotreating projects, as well as high value engineering services for a waste to chemical project.
Huntsman Polyurethanes secures ISCC+ Certification for TPU production sites
Huntsman announced that its Thermoplastic Polyurethane (TPU) manufacturing sites in Jinshan, China, and Osnabrück, Germany, have successfully secured ISCC+ Certification – the globally recognized standard for sustainability and traceability in supply chains.
Orlen and Equinor agree to develop carbon capture projects
Polish refiner Orlen and Norway's Equinor have signed a memorandum of understanding (MoU) on the development of carbon capture and storage (CCS) projects.
Russia says fire at Ufa oil refinery extinguished, was caused by technical issue
A fire that broke out on Monday at the Ufimsky oil refinery, one of Russia's largest, was due to technical issues and has been extinguished, Russia's emergency ministry said, adding that the refinery had continued operations.
Digital Feature: The reality of FuelEU in numbers
Today, many owners and managers are concerned with the EU Emissions Trading Scheme (ETS), designed to reduce emissions produced by shipping. However, the author's company's projections show that the impact of FuelEU will eclipse that of the ETS around 2035 and dwarf it beyond that. Business as usual is therefore no longer an option, and progressive decisions must be made to deal with this challenge.
Russia naphtha exports to Asia fall to 1-yr low, support margins
Russian naphtha flows to Asia plummeted to a 1-yr low in February following fresh drone attacks on Russian refining infrastructure, boosting prices for the plastic raw material in the east.
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- 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
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