Europe
China's big refineries crowd out teapots for discounted Russian oil
Chinese state oil giants and major private refiners are sweeping up more Russian crude, supporting prices and forcing smaller independents to seek out cheap alternatives such as Iranian oil.
LEGO, Novo Nordisk agree to buy green methanol for plastic production
Toymaker LEGO said it had agreed to buy e-methanol, a lower-carbon alternative to conventional plastic ingredients, for use in its colorful plastic bricks when the world's first large-scale plant starts operations next year.
Stellantis tests e-fuels on existing engines to decarbonize fleet
Carmaker Stellantis is testing 28 types of engine to try to optimize their performance using synthetic e-fuels, which are made with renewable energy, a step it said could decarbonize its existing European models.
France's Avril turns biodiesel focus to trucks from cars
French oilseed group Avril plans to double output of its 100% biodiesel fuel aimed at fleet trucks in 2023, at the expense of standard biodiesel mixed in car fuel, after the business helped the group post record results last year.
Maire Tecnimont Group awarded new technology and high-value engineering contracts for approximately $90 MM
Maire Tecnimont S.p.A. announces that some of its Sustainable Technology Solutions subsidiaries have been awarded several new contracts for technology licensing and engineering services for an overall value of approximately $90 MM.
Stamicarbon signed to license its largest Ultra-Low Energy urea plant
Stamicarbon has signed a contract covering PDP, licensing and equipment supply for an Ultra-Low Energy grassroots urea plant in Jiangxi province, China.
Airlines in line for green fuel funding boost under EU climate law
Airlines could be in line for €2 B in European Union funding to help them switch to sustainable fuels, under reforms to strengthen Europe's climate change policies.
Neste and Q8 collaborate to make Neste MY Renewable Diesel available in the Danish market
Thanks to a strategic cooperation between Q8 and Neste, the heavy transport sector operators can buy Neste MY Renewable Diesel, at nine Q8 stations in Denmark from 17 April 2023 onwards.
Apical’s joint venture with Cepsa to build the largest 2G biofuels plant in southern Europe
Apical has established a joint venture with Cepsa to produce second generation biofuels by constructing the largest plant in southern Europe.
Technip Energies awarded a contract for Juhua’s Greenfield Chemical Complex in China
Technip Energies has been awarded a contract by Ningbo Juhua Chemical & Science Co., Ltd. for a 1,3-propanediol plant with a capacity of 72 kta and a 150 kta polytrimethylene terephthalate plant in Ningbo, Zhejiang, China.
- 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
