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Astrid Maersk arrives in Shanghai for first green methanol bunkering in China

Maersk achieved a milestone as the large methanol-enabled vessel “Astrid Maersk” berths at Yangshan port in Shanghai, for the first green methanol bunkering with simultaneous cargo and bunkering operations in China.

Maersk names second vessel of its large methanol-enabled fleet “Astrid Maersk” in Japan

In a ceremony held in Yokohama, Japan today, the world's second large methanol-enabled container vessel was named "Astrid Mærsk".

UAE's ADNOC recently eyed bp as takeover target, sources say

The United Arab Emirates' state-owned oil company recently considered buying Britain's bp but the deliberations did not progress beyond preliminary discussions.

Russian oil and products trapped on tankers hit by new Iran-related sanctions

Russian oil and products have become trapped at sea on four tankers after the U.S. hit the vessels with fresh Iran-related sanctions

Russia begins diesel exports to Sudan

Russia has begun diesel exports to Sudan as Moscow seeks new markets for its refined products after an EU embargo.

Trafigura consortium in talks to buy Exxon oil refinery in France

Rhone Energies, a consortium of commodity trader Trafigura and Entara LLC, is in exclusive negotiations with Exxon Mobil's ESSO SAF to acquire the Fos-sur-Mer refinery in southern France and the Toulouse and Villette de Vienne terminals.

Kent plays integral role In ExxonMobil's investment In Fawley UK petrochemical complex

Kent, a leading global engineering and project management company, announced its significant involvement in ExxonMobil's $1.04-B investment in its Fawley petrochemical complex.

Avril expects biofuel-driven profit surge by 2030

French oilseeds group Avril expects its core profit to increase by over half by the end of the decade as its crop-based food, fuel and industrial products meet demand for lower-carbon goods.

Russia's Orsk refinery declares force majeure on fuel supply due to floods

Russia's Orsk oil refinery, which has halted output after widespread floods, declared force majeure on fuel supplies from April 8, according to a document issued by plant owner Forteinvest.

Borealis invests $4.95 MM in Porvoo steam cracker

Borealis announced a $4.95 MM investment in the cracker furnaces of its olefins unit in Porvoo, Finland.