Europe
Eckero Line to use Neste renewable diesel for commercial maritime transport
Neste and Finnish company Eckerö Line, which operates ferry services between Helsinki and Tallinn, are continuing their collaboration to reduce maritime emissions. Eckerö Line provides freight and passenger services on the Baltic Sea and is the first company in Finland to adopt Neste MY Renewable Diesel™ for commercial maritime transport.
UK, Eni agree to go ahead with Liverpool Bay carbon capture project
The British government and Italian energy group Eni ENI.MI have reached an agreement for the launch of the Liverpool Bay carbon capture and storage (CCS) project, opening the way to the construction phase for the initiative.
Neste divests its NAPCON technology to Lummus Technology
Neste has signed an agreement to sell its proprietary technology NAPCON to Lummus Technology. NAPCON covers solutions in the field of interactive operator training simulators and game-aided learning systems, real-time process optimization, AI based process predictors and real-time process information gathering, monitoring and analytics.
TotalEnergies to shut Antwerp steam cracker at the end of 2027
French oil major TotalEnergies will shut its oldest steam cracker in Antwerp by the end of 2027, citing a "significant surplus of ethylene expected in Europe."
India's Reliance imported 17.3% more Russian oil in March vs. Feb.
India's Reliance Industries, operator of the world's biggest refining complex, imported about 532,700 bpd of Russian oil in March, up 17.3% from February.
Kazakhstan raises gasoline exports plans to 54,283 tons in April
Kazakhstan plans to export 40,000 metric tons of Ai-92 gasoline this month from the Shymkent oil refinery amid plentiful stockpiles, the energy ministry's exporting schedule showed. This would be on top of 14,283 tons already allocated for export from the Condensate refinery.
Azerbaijan's SOCAR resumes operations at Baku oil refinery
Azerbaijan's oil company SOCAR has resumed operations at an oil refinery in Baku after a 40-day shutdown caused by maintenance works after a fire.
Russia ramps up oil products supplies to Indonesia
Russia is ramping up shipments of oil products to Indonesia as Moscow seeks to expand new markets for its exports in the wake of Western sanctions imposed over its invasion of Ukraine.
Russia's diesel output to rise in May despite seasonal maintenance
Russia's ability to produce diesel is expected to rise in May despite usual seasonal maintenance at oil refineries, as more diesel-producing units are expected to go back online after repairs.
- 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

