Europe
illimity, Trafigura lend money to Italian refinery for energy transition
illimity and commodity trader Trafigura have teamed up to lend more than €400 MM ($434 MM) to Italian refinery ISAB, which will invest €1.4 B in the next decade to strengthen its business and make it greener.
Update: Ukraine PM says Lukoil sanctions do not threaten Slovakia's energy security
Kyiv's sanctions prohibiting the transit of oil from Russian producer Lukoil do not pose a threat to Slovakia's energy security, Ukraine's prime minister said on Wednesday.
Neste, HELLENiQ ENERGY collaborate to boost the availability of blended SAF in Greece
Neste and HELLENiQ ENERGY have collaborated to deliver blended Neste MY Sustainable Aviation Fuel to HELLENiQ ENERGY’s facilities in Thessaloniki, Greece.
KT - Kinetics Technology has finalized the purchase of APS Evolution engineering company
MAIRE announces that KT - Kinetics Technology (Integrated E&C Solutions) has finalized the acquisition of the entire share capital of APS Evolution S.r.l.
Catalyst safety assessment: Making catalyst and adsorbent startups safer
An unease around potential high temperature and pressures during fresh catalyst and adsorbent startups—which can lead to situations where designed pressures and temperatures are exceeded—led the authors’ company to create the Catalyst Safety Assessment (CSA) methodology.
Slovakia will halt diesel supplies to Ukraine unless oil transit restored, PM says
Slovak Prime Minister Robert Fico said on Monday his country would halt diesel supplies to Ukraine if Kyiv fails to restore oil flows from Russian group Lukoil through its territory.
Cepsa swings back to profit in 2Q on higher prices, wider refinery margins
Spain's second largest oil company Cepsa said on Monday it returned to profit in the second quarter thanks to higher oil and gas prices, lower costs and wider refining margins.
Italy's Saipem sees business opportunities in green ammonia
Italian energy contractor Saipem, which has traditionally focused on oil and gas contracts, sees business opportunities arising in low-carbon areas including green ammonia.
European refiners' golden era draws to end as demand sags
European oil refiners TotalEnergies and Neste warned of further weakness in profit margins amid sagging demand, signaling an end to a brief era of stellar profits that followed Russia's invasion of Ukraine.
German government signs off on hydrogen import strategy
Germany's government adopted a strategy for the import of hydrogen to help secure sustainable energy supply as it embarks on creating fossil fuel alternatives for large parts of its industry.
- 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
- Solarig to develop €1.15-B, 75,000-tpy Turboleta SAF in Spain 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
