Europe
More European oil refineries to close, convert in next 10 yr, panel says
European oil refineries will have to adapt to the energy transition or face a heightened risk of closure by 2035, a panel of executives said at the Financial Times Commodities Global Summit in Lausanne on Monday.
The economics of decarbonizing Europe’s ammonia industry: Policy, pathways and trade-offs in a hard-to-abate sector
This study applies a robust techno-economic framework to explore four key decarbonization pathways – unabated steam methane reforming (SMR), SMR with carbon capture and storage (CCS), biomass-based hydrogen (BIOH₂), and renewable hydrogen.
How Russian energy trade might change if sanctions are eased
As talks aimed at ending the war in Ukraine continue, a potential relief in sanctions imposed on Russia, including its vast energy sector, is one of the issues on the agenda.
MOL Chemical Tankers concludes time charter contract for ammonia dual-fuel vessels with CMB.TECH
MOL Chemical Tankers Pte. Ltd. (MOLCT) announced that the company has concluded time charter contracts with CMB.TECH NV, for six newbuilding chemical tankers of 26,000 DWT, including four ammonia dual-fuel–ready vessels and two dual-fuel–fitted vessels.
Indian refiners cut spot tenders as Russian oil shipments rebound
Indian refiners will issue fewer tenders for crude oil purchases on the spot market in the coming months, as Russian supplies bounce back from sanctions-related disruptions.
China's Sinopec to prioritize risk control in Russian oil purchases
Top Chinese refining major Sinopec Corp. will prioritize "risk control" in purchasing Russian oil, which has similar quality for its value versus competing global supplies.
Wison Engineering signs FEED contract with WasteFuel for Ankara Green Methanol project in Turkey
The ITC-WasteFuel project plans to utilize biogas generated from the waste treatment facilities of ITC in Ankara to produce green methanol. This marks Turkey's first biogas-to-methanol project.
Russia replaces UAE as the top naphtha supplier to India in 2024–25
Russia has surpassed the United Arab Emirates (UAE) as India's top naphtha supplier in the year to March 2025, as refiners capitalize on discounted cargoes, preliminary ship-tracking data showed, a trend buyers expect to persist for another year.
LyondellBasell, Covestro announce permanent closure of PO11 unit at Maasvlakte
LyondellBasell and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer production unit at the Maasvlakte site in the Netherlands.
thyssenkrupp Uhde selected for Elyse Energy’s biomass-to-SAF project in France
BioTfueL® technology has been selected for the BioTJet project by Elyse Energy and its partners (Axens, Avril, IFPEN). This project will produce sustainable aviation fuel (SAF) from end-of-life wood waste & local forestry residues with the addition of green hydrogen.
- Phillips 66 Independent Board Director pens letter to shareholders regarding dispute with Elliott Investment Management 3/28
- Russia increases fuel, diesel supply to Bolivia amid rising energy crisis 3/28
- Cenovus refinery in Ohio (U.S.) plans to shut multiple units for six weeks of work 3/28
- Motiva Texas refinery (U.S.) preparing second attempt to restart FCCU 3/27
- bp plans to sell its mobility and convenience business in Austria 3/27
- BASF starts up its first plant for recycled polyamide 6 3/27
