Europe
OMV unveils Austria’s largest green H2 production plant
OMV has announced the successful startup of its 10-megawatts (MW) green hydrogen (H2) production plant, located at the Schwechat refinery near Vienna, the largest of its kind in Austria.
Biofuel maker Neste expects limited impact from tariffs, but supply glut still weighs
Finnish biofuel maker and oil refiner Neste expects U.S. tariffs will have only a limited direct impact on its business, but warned of continuous oversupply in renewable fuel and market volatility.
Portugal's Galp restarting Sines oil refinery over coming days
Portugal's Galp will be gradually restarting units at its Sines oil refinery over the coming days after the major Iberian power outage on Monday forced it to suspend operations.
Grangemouth refinery (Scotland) ceases crude oil processing, transitions into import terminal
Scotland's only oil refinery ceased crude oil processing as of Tuesday, operator Petroineos said in a statement, as the site transitions to an import terminal.
Official approval granted for Hydrogenious LOHC’s ‘Hector’ storage plant
Hydrogenious LOHC has achieved a significant milestone towards designing, building and operating the world's largest hydrogenation plant for the safe and efficient storage of H2 in the LOHC benzyltoluene (LOHC-BT) at Chempark Dormagen in North Rhine-Westphalia, Germany: Project ’Hector’ has now received the official building and operating permit for the storage plant in accordance with §4 of the German Federal Immission Control Act (Bundes-Immissionsschutzgesetz - BImSchG).
Russia's idle oil refining capacity seen rising by 5.7% m/m in May
Russia's offline primary oil refining capacity is seen rising by 5.7% in May from April to 3.18 MM tonnes (t).
LAND enables expansion of advanced steam reformer temperature monitoring Spanish refinery
LAND®, a business of AMETEK Inc., and a global leader in industrial infrared temperature measurements, has facilitated the adoption of the optimal high-resolution thermal imaging solution for a Spanish refinery’s steam methane reformer furnace.
Dow Chemical delays construction on multi-billion-dollar Path2Zero project in Fort Saskatchewan, Alberta, Canada
After a reported Q1 loss, Dow Chemical plans to launch an action plan to further reduce spending and deliver $6 B in cash support. The plan includes delaying construction on the company's multi-billion-dollar Path2Zero project in Alberta, Canada.
Wärtsilä, Höegh Evi and partners complete development of world’s first floating ammonia-to-hydrogen cracker
Wärtsilä Gas Solutions, part of technology group Wärtsilä, and Höegh Evi, a global leader in marine energy infrastructure, have successfully completed the development of the world’s first floating ammonia-to-hydrogen (H2) cracker.
- 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
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5

