Europe
Crimea freezes fuel prices, imposes rationing as shortages persist
Russia-controlled Crimea has frozen fuel prices and imposed gasoline rationing in response to shortages resulting from a spate of Ukrainian drone attacks on Russian oil refineries.
LanzaJet advances UK ethanol-to-jet SAF project
LanzaJet, Inc. has been awarded more than $13 million (£10 million) from the UK Department for Transport’s Advanced Fuels Fund (AFF) to accelerate development of Project Speedbird, a major sustainable aviation fuel (SAF) biorefinery in Teesside, United Kingdom
OXCCU raises $28 MM Series B funding to scale SAF from waste carbon
This new capital will enable OXCCU to accelerate its commercialization efforts, expand its operations, and advance its next phase of technology scale-up.
Eni and five other oil companies fined by Italian competition watchdog
The regulator said that fines totaling more than €936 MM ($1.1 B) had been levied against Eni, Esso, Italiana Petroli (IP), Q8, Saras and Tamoil.
Exolum planning construction of new €100-MM energy transition terminal at the Outer Port of A Coruña, Spain
The project is conceived as an energy transition terminal, designed to progressively adapt to market developments, regulation and industrial demand, and will be equipped to operate with both conventional products and sustainable fuels, such as renewable ammonia, captured CO₂, green methanol, sustainable aviation fuel (SAF) and other biofuels.
After sanctions, Indian oil refiner Nayara's exports find new markets
The privately-owned company halted exports for about two weeks after it was sanctioned by the European Union on July 18 for dealing in Russian oil.
Opinion: Ukraine strikes on Russian oil might be too successful for Trump’s liking
The conflict between Russia and Ukraine that began in 2022 took a sharp turn in recent weeks as Kyiv began to launch waves of drone attacks on Russian refineries, pipelines and export terminals.
Hungary's MOL to restart crude exports from Iraq's Kurdistan
MOL expects the crude oil pipeline connecting the region to Turkey's port of Ceyhan to reopen in the coming days.
Eni unveils new biorefinery project in Sannazzaro de’ Burgondi
Eni announced that it has received approval from the Italian Ministry of the Environment and Energy Security to convert selected units at the Sannazzaro de’ Burgondi (Pavia) refinery into a biorefinery.
Hy2gen receives zoning approval for 270-MW green ammonia plant in Norway
The decision marks a key milestone for establishing a new, pioneering industry that will help cut greenhouse emissions in the maritime sector while creating long-term jobs and local value.
- 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
