Europe
BASF invests in new alcoholates plant in Ludwigshafen (Germany)
BASF is investing a mid-double-digit million-euro amount in a new alcoholates plant at its site in Ludwigshafen, Germany. The plant will produce sodium methylate and potassium methylate, two important chemicals used for the production of biodiesel and for pharmaceutical and agricultural applications.
Draeger UK secures contract extension with INEOS O&P UK, Grangemouth
Draeger Safety UK Ltd has secured a contract extension with INEOS O&P UK. The indirect services agreement, which will run until 2029, covers the provision and maintenance of Portable Gas Detection and Rental Robot services to support the company’s operations.
Preem partners with Imubit for closed-loop AI optimization at Lysekil refinery
Imubit, a global leader in closed-loop artificial intelligence optimization (AIO), and Preem, Sweden’s largest fuel company, have formed a partnership aimed at accelerating Preem’s sustainability journey through Imubit’s closed-loop AIO technology.
Update: Russia says drone attack cut oil via Kazakhstan Caspian pipeline by up to 40%
Russia said oil flows through the Caspian Pipeline Consortium (CPC), a major route for supplying Kazakhstan and exporting to the global market, were reduced by 30%–40% on Tuesday after a Ukrainian drone attack on a pumping station.
Turkey’s top refiner Tupras stops Russian crude purchases after sanctions
Turkey’s largest oil refiner Tupras has stopped buying Russian crude because of U.S. sanctions announced on January 10 against Russian energy companies and tankers carrying Russian oil.
Russia's government may allow gasoline exports until end of August
The Russian government may extend gasoline export permits for major producers until the end of August 2025.
Air Liquide and TotalEnergies to invest more than €1 B in green hydrogen
French oil major TotalEnergies will develop two green hydrogen (H2) projects with industrial gases company Air Liquide, aiming to help decarbonize Total's Dutch and Belgian refineries, they said on Tuesday.
Drone strike hits Chevron, Exxon oil exports via Russia
A drone strike has hit a pumping station on an oil pipeline in Russia, reducing flows from Kazakhstan to world markets pumped by Western firms including Chevron and ExxonMobil.
Chevron to lay off up to 20% of global workforce
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said, as it seeks to cut costs, simplify its business and complete a major acquisition.
MOL Group successfully tested the production of HVO and SAF at Eastern European refinery
MOL Group has produced a diesel fuel containing hydrotreated vegetable oil and sustainable aviation fuel at its refinery in Slovnaft, Bratislava, readying the production of alternative synthetic fuels, which is part of the company’s long-term SHAPE TOMORROW strategy.
- ClassNK releases report ‘ClassNK Alternative Fuels Insight (Version 3.0): Providing new information on cost simulations reflecting approval at MEPC 83 5/22
- trinamiX and BASF showcase new technologies for polyamide 6 recycling: An approach to circularity in the textile industry 5/22
- ADNOC’s suppliers commit to invest AED3 billion in manufacturing facilities across UAE 5/22
- Industrial AI: A game-changer in fast-tracking digital transformation in the energy sector 5/22
- U.S. says there are significant undiscovered oil and gas resources in Wyoming 5/21
- Bureau Veritas grants AiPs for IMODCO’s portfolio of jetty-less solutions for new energies transfers 5/21
