Europe
Illimity Bank provides financing for ISAB refinery upgrade in Italy
Illimity Bank said it had structured a financing deal worth more than 400 MM euros for Italian refinery ISAB, which plans to reduce the environmental impact of its activities under a 1.4-B euro investment plan.
Trafigura-Entara consortium to buy French refinery from ExxonMobil
Rhone Energies, a consortium of commodity trader Trafigura and Entara LLC, has agreed with ExxonMobil's ESSO SAF to buy the Fos-sur-Mer refinery and Toulouse and Villette-de-Vienne terminals in France.
Used oil recycling: EDL to engineer another used oil-re-refining plant for Puraglobe
EDL Anlagenbau Gesellschaft has been commissioned by Puraglobe Holding GmbH to engineer another HyLube plant, this time outside Europe.
Indorama Ventures joins the T-REX Project to revolutionize textile recycling
This ambitious initiative aims to establish a harmonized EU blueprint for the closed-loop sorting and recycling of household textile waste to help the fashion industry transition towards a more circular and sustainable future.
Shell beats forecasts with $6.3 B second quarter profit
Shell reported second-quarter profit of $6.3 B, a drop of 19% from the previous three months as refining margins and oil and gas trading weakened, though still beating analysts' forecasts.
Repsol and Volotea sign an agreement for SAF supply in Spain until 2029
Repsol and Volotea have reached an agreement for the supply of sustainable aviation fuel (SAF) on flights operated by the airline from airports in Spain.
Clariant, OMV aim to reduce carbon footprint of ethylene and ethylene oxide derivatives
Clariant and OMV sign a letter of intent to accelerate the transition towards renewable carbon in the European ethylene supply chain.
illimity, Trafigura lend money to Italian refinery for energy transition
illimity and commodity trader Trafigura have teamed up to lend more than €400 MM ($434 MM) to Italian refinery ISAB, which will invest €1.4 B in the next decade to strengthen its business and make it greener.
Update: Ukraine PM says Lukoil sanctions do not threaten Slovakia's energy security
Kyiv's sanctions prohibiting the transit of oil from Russian producer Lukoil do not pose a threat to Slovakia's energy security, Ukraine's prime minister said on Wednesday.
Neste, HELLENiQ ENERGY collaborate to boost the availability of blended SAF in Greece
Neste and HELLENiQ ENERGY have collaborated to deliver blended Neste MY Sustainable Aviation Fuel to HELLENiQ ENERGY’s facilities in Thessaloniki, Greece.

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