Europe
Global diesel prices fall as economic slowdown intensifies
Global prices for middle distillates such as gas oil and diesel are falling as the economy slows, more refineries come onstream, and exports from Russia are re-routed and replaced by fuel from the Middle East.
KHIMOD and Elyse Energy team up to produce SAF through collaborative project AVEBIO
AVEBIO aims at demonstrating the production of sustainable e-fuels for air transport based on the yet-to-valorize CO2 of a biofuel production unit.
Singapore imports of Russian naphtha surge as EU ban shifts flows
Singapore's imports of Russian naphtha nearly tripled in the first quarter of 2023, government data showed, after the European Union banned oil products imports from Russia.
Brooge Energy announces completion of technical study for green ammonia plant
Brooge Energy Ltd announced that the technical study of its green hydrogen and green ammonia plant conducted by thyssenkrupp Uhde has been completed and delivered.
Neste to start production at Singapore renewables fuels expansion in 'weeks'
Finnish biofuel producer Neste plans to start commercial production at its renewable fuels expansion project in Singapore in the coming weeks after trial runs.
HIF Global and Idemitsu Kosan announce carbon neutral eFuels strategic cooperation
HIF Global, the world’s leading eFuels company, and energy company Idemitsu Kosan today announced a strategic cooperation agreement to accelerate the production of carbon neutral eFuels.
Borouge enters into agreement to expand footprint in East Africa
Borouge Plc, a leading petrochemical company that provides innovative and differentiated polyolefin solutions, has entered into a Distribution Agreement with one of the biggest polyolefin distributors in East Africa, Somochem.
thyssenkrupp Uhde to cooperate with IDIP on fabrication of new modular plants for green ammonia
thyssenkrupp Uhde and Idesa Industrial Plants S.l.u. have signed a memorandum of understanding to cooperate on developing and fabricating modules for green ammonia projects.
Yara and Enbridge plan $2.9-B ammonia plant in Texas
Norwegian fertilizer maker Yara and Canadian pipeline company Enbridge plan to invest up to $2.9-B to build a low-carbon blue ammonia production plant in Texas.
Synthomer shares tank after profit slump in 2022, warns of subdued demand
Shares of Synthomer Plc plunged about 14% after the British polymer maker reported a slump in 2022 core profit and said demand remained subdued thus far into the year.
- 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
