Europe
Maersk to deploy first large methanol-enabled vessel on Asia - Europe trade lane
Maersk is about to launch the first of its 18 large methanol-enabled vessels currently on order. On 9 February 2024, it will enter service on the AE7 string connecting Asia and Europe, which includes port calls in Shanghai, Tanjung Pelepas, Colombo and Hamburg, with Ningbo, China, being its first destination.
India’s Russian oil imports seen rising on lower prices
Easing global oil prices would help India boost imports from Russia as a lower than $60 a barrel price of Russian oil will enable buyers to use Western services such as insurance and ships.
INEOS announces the acquisition of the LyondellBasell ethylene oxide & derivatives business and production facility at Bayport, Texas (U.S.) for $700 MM
INEOS has announced an agreement with LyondellBasell to buy its ethylene oxide & derivatives business including the Bayport Underwood site, Texas.
Heidelberg University and BASF extend collaboration at jointly operated catalysis laboratory CaRLa for five more years
BASF and Heidelberg University will continue to jointly operate the Catalysis Research Laboratory for a further five years.
EU regulators fine ethanol producer Lantmannen $51 MM over ethanol benchmarks cartel
EU antitrust regulators fined Lantmannen, the largest ethanol producer in the Nordic region, $51.4 MM for rigging ethanol benchmarks between November 2012 to March 2014.
P1 Fuels and Carbon Recycling International sign contract to deliver e-fuel production unit to Germany
P1 Performance Fuels announces a transformative collaboration with Carbon Recycling International to drive e-fuel production for internal combustion engine vehicles.
Global airlines body urges oil sector to invest more in sustainable fuel
The oil and gas sector and alternative fuel producers need to beef up efforts to produce greener aviation fuel to help airlines cut carbon emissions.
Clariant to cut 170 jobs after closing Romania plant, downsize German operations
Clariant cut its full year earnings guidance after it said it would close its bioethanol plant in Romania and downsize its operations in Germany.
Repsol supplies green jet fuel for Inditex's air freight in Spain
Spanish oil company Repsol said it has started supplying SAF to U.S.-based airline Atlas Air, which ships freight for Zara-owner Inditex to and from Zaragoza airport in northern Spain.
Digital Exclusive: Bio-based aromatics give pathway to drop-in 100% SAF
In this digital exclusive, Iain Gilmore and David Kettner discuss a breakthrough process that provides the missing link to using 100% SAF in current aviation fleets and infrastructure: Bio-based aromatics.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
