Europe
Italy's Eni and LG Chem team up for biorefinery in South Korea
The sustainable mobility unit of Italy's Eni and petrochemicals maker LG Chem have teamed up to explore the potential development of a biorefinery in South Korea.
Volkswagen fight against Italian dieselgate fine to be decided by Italian court
Volkswagen's attempt to avoid being penalized twice for the same offence in the dieselgate scandal will depend on whether the wrongdoing is identical or just similar.
OPEC says IEA estimate of peak fossil fuel demand by 2030 not 'fact-based'
The Organization of the Petroleum Exporting Countries said data-based forecasts do not support the International Energy Agency's projection that demand for fossil fuels would peak in 2030.
Global diesel shortage boosts prices
Global distillate fuel oil inventories remain much lower than normal for the time of year which is putting strong upward pressure on fuel prices.
EU lawmakers approve binding green fuel targets for aviation
The European Parliament adopted a deal to set binding targets for airlines in Europe to increase their use of SAF.
bp commits to Germany with $11-B low-carbon investment push
bp plans to invest up to €10 B ($10.7 B) in low-carbon fuels, renewables and EV charging in Germany by the end of the decade to rival local power firms, as competition over the energy transition of Europe's largest economy intensifies.
Historic SAF delivery arrives in Copenhagen – growing demand in Danish aviation
To meet growing demand for SAF from airlines, DCC & Shell Aviation Denmark are now, for the first time in Denmark, establishing a large inventory of bio-based aviation fuel, SAF.
Evonik expands catalyst production in China
Evonik Industries has completed the relocation and expansion of its precious metal powder catalyst plant in Shanghai Chemical Industrial Park (SCIP).
Putin says government did not act in time on high fuel prices
Russian President Vladimir Putin said in comments about high domestic fuel prices that the government had failed to react in time to the rising price of oil on global markets.
Gazprom says Astrakhan plant resumes diesel output
Russia's Gazprom said that its Astrakhan gas processing plant had resumed diesel output after maintenance works, Interfax reported.
- 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
