Europe
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.
Naphtha markets brace for margin squeeze amid supply glut in 2024
Global naphtha markets will likely suffer from lower profit margins in 2024 as refining and petrochemical capacity expansions in China and the Middle East outpace plastics demand growth globally.
INEOS polymer used to create world’s first sustainable gas pipeline
INEOS produced bio-based high-density polyethylene has been used to create the world’s first fully sustainable gas pipeline. Installed by French gas utility network operator, GRDF, the pipeline only uses the low carbon footprint polymer.
Tecnimont awarded a FEED contract for a green ammonia plant in Norway
MAIRE announces that Tecnimont has been awarded a FEED contract by Fortescue, a global green technology, energy and metals company, for a green ammonia plant to be located in the Nordgulen fjord in Norway.
Neste and partners wrap up E-Fuel research project, highlighting advancements in electrofuel development
Renewable hydrogen produced by green electricity and carbon capture and utilization play an important role in combating climate change.
LYB enters into agreement to acquire 35% of Saudi Arabia-based NATPET; expands core PP business
LyondellBasell announced it entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company from Alujain Corporation for approximately $500 MM.
Shell to exit Nigeria's troubled onshore oil after nearly a century
Shell is set to conclude nearly a century of operations in Nigerian onshore oil and gas after agreeing to sell its subsidiary there to a consortium of five mostly local companies for up to $2.4 B.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
