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Europe

Samsung Engineering and OMV sign MoU to jointly develop sustainable projects based on modularization

Samsung Engineering and OMV announced the signing of an MoU to cooperate on projects from the early development stage.

Turkey doubles Urals oil imports in early May vs early April

Turkey doubled Russian Urals oil imports in the first half of May versus the same period of April as the country profits from cheap crude that is sanctioned by the West.

Stamicarbon awarded a 450-tpd green ammonia plant in the U.S.

Stamicarbon has signed a license agreement with its customer in the USA to develop a basic engineering design package for a 450-tpd green ammonia plant.

SteelTrace announces selection by Chevron Technology Ventures for esteemed Catalyst Program

SteelTrace, a digital platform provider utilizing blockchain technology to manage all aspects of the steel supply chain, has been selected by Chevron Technology Ventures, LLC as part of its Catalyst Program.

Trafigura raises stake in Italian refinery Saras to 12.5%

Global commodities trader Trafigura has raised its stake in Italian refiner Saras to 12.46% from 5.23%, the companies said, strengthening Trafigura's foothold over Mediterranean oil flows.

Germany's Schwedt refinery to run at 70% of capacity from June

Germany's Schwedt oil refinery will run at 70% of capacity from June, German state secretary Michael Kellner said as he greeted a tanker arriving at the Gdansk terminal in Poland with non-Russian oil en route to the refinery.

Iraq expects Total to begin $27-B energy project in second half of 2023

Iraq expects TotalEnergies to begin operations on a long-delayed $27-B oil, gas and renewables project in the second half of 2023 after finalizing side-contracts with a state oil company.

Neste and PetroCard partner to expand access to renewable diesel in the Pacific Northwest

As part of its commitment to help businesses and cities reduce greenhouse gas emissions from the transportation sector effectively, Neste today announced a new partnership with PetroCard to grow the accessibility of Neste MY Renewable Diesel in the Pacific Northwest region of the United States.

Russia starts diesel exports to Chile

Russia has started diesel exports to Chile, expanding its oil products supplies to Latin America after a European Union embargo forced traders to find new outlets.

Russia's Transneft says Druzhba pipeline 'attacked' near Ukraine border

Russia's oil pipeline operator Transneft said that a filling point on the Europe-bound Druzhba pipeline in a Russian region bordering Ukraine had been attacked, the TASS news agency reported, citing the company.