Europe
Japan’s Taiyo Oil buys first Russian crude in more than two years on government request
Japanese refinery Taiyo Oil has bought its first Sakhalin Blend crude from Russia in more than two years at the Japanese government's request, it said on Tuesday, to help ensure the stability of a plant also supplying Japan with liquefied natural gas (LNG).
INEOS €4-B Project ONE ethane cracker in Antwerp reaches 70% completion
Construction is progressing at full pace, with major equipment, including giant furnaces and modular plant components, already installed. Civil works are nearing completion, and utility integration is well underway.
Plug Power, Allied Green Ammonia partner for $5.5-B, 2-GW electrolyzer project to produce SAF, green urea and green diesel
Plug’s electrolyzer technology has been selected as the foundation of a new $5.5-B billion green chemical production facility in Uzbekistan that will produce sustainable aviation fuel, green urea, and green diesel.
Finavia's Helsinki Airport uses Neste MY Renewable Diesel to drive operations to net-zero carbon emissions
Airport company Finavia's Helsinki Airport has achieved net-zero carbon emissions targets in its own operations and has received an international Airport Carbon Accreditation (ACA) program’s net-zero certification.
Solvay and BASF together reduce scope 3 emissions in hydrogen peroxide production
Solvay and BASF announced to jointly focus on a meaningful reduction in scope 3 greenhouse gas emissions within the hydrogen peroxide supply chain.
Equinor's Mongstad refinery shut after power outage, gas leak
Norway's Mongstad oil refinery has been shut following a power outage and a small gas leak at the facility.
bp Rotterdam oil refinery's crude unit restarted on June 4 after unplanned outage
bp has restarted a crude distillation unit at its Rotterdam oil refinery on the morning of June 4, having shut the 200,000-bpd unit because of an unplanned outage the previous day.
Moeve signs its largest marine biofuel supply agreement with Armas Trasmediterránea
Moeve has reached a strategic agreement with Grupo Armas Trasmediterránea to supply 2G marine biofuels in the Canary Islands, with approximately 40,000 t to be delivered through December 2025 under a long-term contract, with the potential for extension into 2026.
Both crude units at bp Rotterdam oil refinery are offline
Both crude units at bp's Rotterdam oil refinery are offline following a shutdown at one 200,000-bpd unit in the morning of June 3, energy consultancy Wood Mackenzie said.
Global oil refiners see short-term boost from higher margins
Refiners across the globe are reaping unexpected profits from producing key fuels in recent weeks, offering an ailing sector respite before an anticipated weakening later this year, as plant closures have tightened fuel supply needed to meet peak summer demand.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
