Europe
thyssenkrupp nucera to supply electrolyzers for ABEL Energy’s Bell green methanol project
ABEL Energy announced thyssenkrupp nucera as the preferred supplier of the 260MW of electrolyzers required for their flagship green methanol project in Bell Bay, Tasmania, Australia.
INEOS O&P UK announced a proposal to cease production of ethanol from its Grangemouth site
INEOS O&P UK announced a proposal to close the Ethanol Plant at Grangemouth in Q1 2025 and will start consultations in Grangemouth with its employees and the Trade Union about this proposal.
SAF costs must be lower, ExxonMobil VP says
Costs are the main obstacle to increasing the use of SAF said ExxonMobil Senior Vice President Jack Williams.
ITT invests $11 MM to enhance pump testing in Germany, India, and Saudi Arabia, aiding growth and large project ventures
ITT Inc. announced an approximately $11-MM investment to expand testing capabilities at three of its industrial process sites to enhance capacity for large project awards in its flow business, reinforcing the company’s commitment to an exceptional customer experience.
Rem Offshore orders next generation vessel powered by dual-fuel methanol engines
Rem Offshore and Myklebust Verft have signed a contract for the construction of an Energy Subsea Construction Vessel with a 250 ton crane and will be equipped with dual-fuel methanol engines in combination with battery packs.
BASF breaks ground on methyl glycol plant at Zhanjiang Verbund site in China
BASF has broken ground on a methyl glycols plant at its Verbund site in Zhanjiang, China and is designed with an annual capacity of 46,000 metric tons and aims to meet the rapidly growing demand for brake fluids in the region.
Russia considers altering maintenance schedule at oil refineries
Russian Energy Minister Nikolai Shulginov said that the government and companies are in discussions about changes to the schedule of maintenance at oil refineries to tackle damaged downstream capacity.
DHL Express and Standard Chartered partner to co-invest in SAF
DHL Express has signed a strategic partnership with Standard Chartered for DHL Express's GoGreen Plus service in which the two organizations have agreed to co-invest in SAF.
Global LNG market will 'be tight' until 2026 - TotalEnergies CEO
The global LNG market will be tight until 2026, Patrick Pouyanne, CEO of TotalEnergies, said at a conference in Houston.
Oil prices edge down as Russia lifts supplies, jet fuel demand stirs caution
Oil prices edged down early after gaining in the previous trading session, due in part to the prospect of rising supply from Russia as well as the possibility of slower-than-expected downstream demand in sectors such as jet fuel.
- INEOS Enterprises to sell Composites business to KPS Capital Partners for €1.7 B 12/3
- Small volumes of renewable diesel are now consumed on the U.S. East Coast 12/3
- Russia's December idle oil refining capacity revised up 60% 12/3
- Fuel oil smuggling network rakes in $1 B for Iran and its proxies 12/3
- Taiwan's Formosa operates refinery at reduced rate due to maintenance 12/3
- Russia lifts gasoline export ban for producers 12/3
