Europe
SOCAR awards NEXTCHEM two contracts to upgrade/expand Heydar Aliyev refinery in Azerbaijan
SOCAR has awarded NEXTCHEM two contracts to upgrade and expand the capacity of the Heydar Aliyev Oil refinery industrial complex in Baku, Azerbaijan.
KazMunayGas begins construction on $7.4-B polyethylene complex in Kazakhstan
KazMunayGas has begun construction on a $7.4-B, 1.25-MMtpy polyethylene plant in the Atyrau region of Kazakhstan. The project will establish an oil and gas chemical industry cluster in the country’s western region.
Germany to increase Kazakh crude oil imports, won't circumvent Russia sanctions
Germany will sign two contracts to increase oil imports from Kazakhstan for Berlin's main Schwedt oil refinery.
Russia's idle oil refining capacity in September seen up 34% vs August
Russia's offline primary oil refining capacity in September is set to jump 34% from August due to technical outages, Ukrainian drone attacks and seasonal maintenance. Offline capacity is seen at 3.87 MMt this month, or 14.5% of Russia's total oil refining capabilities. That is up from 2.95 MMt in August.
BASF inaugurates new plant for alkyl ethanolamines at its Antwerp Verbund site
BASF has inaugurated a new world-scale production plant for alkyl ethanolamines at its Verbund site in Antwerp, Belgium. This new investment will increase the company’s global annual production capacity for alkyl ethanolamines, including dimethyl ethanolamine (DMEOA) and methyl diethanolamine (MDEOA), by nearly 30% to over 140,000 tpy.
Ineos to cease refinery operations at Grangemouth
Petroineos has announced its intention to cease refinery operations at Grangemouth and transition to a finished fuels import terminal and distribution hub during Q2 2025.
NewEnergyBlue acquires Inbicon biomass conversion technology and international patent portfolio
NewEnergyBlue, the clean-technology designer of biomass refineries that turn agricultural waste into highly decarbonized biofuels and biochemicals, has finalized its purchase of Inbicon biomass-conversion technology from Ørsted, a renewable energy company based in Denmark.
Leading olive oil producer Spain turns to olive stones for fuel
The use of pits to fuel boilers in homes and small enterprises, mills and even flights in Spain's olive-growing heartland shows the role the industry and the country's vast agricultural sector can play in helping decarbonise hard-to-electrify sectors, like aviation.
bp, Iberdrola take FID on Spain's largest green hydrogen plant
bp and Iberdrola have given the green light for construction of a 25-MW green H2 project at bp's Castellón refinery, which is expected to be operational in 2H 2026.
Refiner Neste warns of weaker biofuel outlook, shares drop
Finnish refiner Neste on Wednesday cut the margin outlook for its biofuel business for the third time this year due to falling prices and also lowered its expected sales volumes, sending the company's share price down 10%.
- BASF unveils new HDPE brand Easiplas and HDPE construction milestones at Zhanjiang Verbund site 12/2
- Russia's Rosneft may delay refinery modernization due to high interest rates, taxes 12/2
- Maersk to use SAF to decarbonize airfreight travel 11/29
- Foundation stone laid for 1.2-MMtpy blue ammonia plant in Qatar 11/29
- Traders using STS transfers near Senegal to export Russian naphtha to Brazil 11/29
- Mexican firefighters extinguish second fire in one week at Pemex refinery 11/29
