Europe
Topsoe selected as technology provider for Preem’s renewable fuels plant in Sweden
Topsoe signed a licensing and engineering agreement with Preem, Sweden’s largest fuel company, to produce SAF and renewable diesel, using Topsoe’s HydroFlex technology.
BASF and Inditex make a breakthrough in textile-to-textile recycling with loopamid
BASF and Inditex announced a breakthrough in their efforts for boosting recyclability in the textile industry with the launch of loopamid, a polyamide 6 made from 100 percent textile waste,
Proactive Decision-Making for Emissions Management: The Roadmap to Net Zero
Industry leaders have committed to achieving net-zero carbon emissions by 2050.
OMV, ADNOC to iron out terms of deal for chemicals tie-up
Abu Dhabi National Oil Co and Austria's OMV are poised to resume talks to agree final terms of a tie-up that would create a chemicals group with more than $20 B in combined annual sales.
Operations at damaged Russian fuel complex seen resuming within weeks
Russian energy company Novatek is likely to resume large-scale operations at its Ust-Luga processing complex and Baltic Sea terminal within weeks, following a suspected drone attack seen disrupting naphtha flows to Asia
Riding the wave of transition to a sustainable chemical industry
The chemical industry has shown resilience in addressing economic turbulence and supply chain disruptions after the COVID 19 pandemic.
Global Project Data
Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking nearly 1,100 active projects in the hydrocarbon processing industry (HPI).
Norsk e-Fuel closes e-fuels agreements with Norwegian Air Shuttle and Cargolux
Norsk e-Fuel achieved key partnership milestones by finalizing substantial agreements for offtake and investment, securing commitments from international airlines Norwegian Air Shuttle and Cargolux Airlines International S.A. to purchase fossil-free aviation fuel.
Russia's Ryazan oil refinery reports fire, no injuries
A fire tore through Ryazan oil refinery, Russia's third-largest, the Komsomolskaya Pravda newspaper said, quoting emergency services.
Italy's Eni, LG Chem press ahead with South Korea's biorefinery project
Eni's sustainable mobility unit Enilive has signed joint venture agreement with LG Chem to develop a biorefinery in South Korea.
- Vertex Energy pauses renewable diesel output to switch back to fossil fuels, citing macroeconomic woes 5/10
- Citgo Petroleum reports Q1 profit of $410 MM 5/10
- Golden Pass LNG in discussions with contractor, may delay startup 5/10
- SAFFiRE Renewables biofuel pilot plant to be developed in Kansas 5/10
- EBRD backs Ukraine's green biofuels project with €60-MM loan 5/10
- Russia's refined oil product exports to Singapore to hit highest this year in May 5/10