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Europe

ScanOcean first to sell Neste’s marine fuel in Sweden

Neste and ScanOcean have brought Neste’s marine fuel enabling lower greenhouse gas emissions to the Swedish market.

Russian seaborne diesel exports rise by 7% in August

Russia's seaborne diesel and gasoil exports rose by 7% to about 1.7 million metric tons in the first 14 days of August from the same period in July on strong production volumes after seasonal refinery maintenance eased.

No spill after Siberia oil field blasts -environment watchdog

Two explosions at an oilfield in western Siberia that killed two people did not lead to an oil spill, the head of Russia's environment watchdog Rosprirodnadzor said, adding that tests would show if the environment was harmed.

Oil dips further as China worries counter supply cuts

Oil prices dipped as concerns about China's faltering economic recovery and a stronger dollar took the momentum out of seven weeks of gains on tight supply.

UN completes removal of oil from decaying tanker off Yemen

The United Nations said it had completed the removal of more than 1 million barrels of oil from a decaying supertanker off Yemen's Red Sea coast, averting a potential environmental disaster.

IEA lowers forecast for oil demand growth in 2024

The International Energy Agency said demand growth for oil next year will be slower than previously forecast, citing lackluster macroeconomic conditions, post-pandemic recovery running out of steam and burgeoning use of electric vehicles.

Most Russian fuel exports now pricing above G7-imposed price cap

Most Russian fuel exports from the Baltic and Black Sea regions are now pricing above a price cap set in February by a G7-led coalition designed to limit Moscow's revenues in the aftermath of its invasion of Ukraine.

ASTM decision brings 100% SAF certification within reach

Swedish Biofuels AB announced that the ASTM International Committee has accepted the use of C2 to C5 alcohols as feedstock for the alcohol-to-jet pathway as well as a new specification for fully formulated aviation fuel with aromatics.

Evonik to supply catalyst for new Röhm MMA plant

Evonik has signed an agreement to scale up and produce custom catalyst for Röhm’s new methyl methacrylate production plant in Bay City, Texas, USA, which is due to be opened in 2024.

Borouge & Borealis unveil auto products made of 70% recycled materials

Borouge PLC and Borealis announced the launch of two new sustainable polymer products for the automotive industry.