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Europe

Honeywell introduces UOP eFining technology for new class of sustainable aviation fuel

Honeywell today announced its innovative, new, UOP eFining technology, a ready-now solution for producing low-carbon sustainable aviation fuel.

Arcadia selects Topsoe and Sasol technology for first commercial SAF plant in Denmark

Arcadia eFuels, Sasol, and Topsoe, have signed a single license agreement for Arcadia’s Vordingborg eFuels plant.

Agency warns Sweden may miss CO2 targets with biofuel cut

Sweden will struggle to hit its 2030 emissions targets, a government agency warned, after the country's minority coalition cut the biofuel that must be added to diesel and gasoline.

Sweden to cut biofuel additives in gasoline and diesel

Sweden's minority coalition has agreed to lower the amount of biofuel mixed in diesel and gasoline, a move it says will cut prices for cash-strapped drivers, but which climate groups say will increase C02 emissions.

Russia's Lukoil completes sale of ISAB oil refinery in Italy

Russia's second-largest oil producer Lukoil said its subsidiary LITASCO had completed the sale of the ISAB oil refinery in Sicily to Cypriot private equity firm G.O.I. Energy following approval by Italian authorities.

Russia sticking to its oil output cuts says deputy Prime Minister Novak

Deputy Prime Minister Alexander Novak said Russia was abiding by its voluntary pledge to cut oil output by 500,000 bpd from February until the end of the year.

Kazakhstan to ban oil products supplies via rail to Russian port of Taman

Kazakhstan Railways will ban transportation of oil products to the Russian Black Sea port of Taman in 2023, according to a document from the state-owned railway operator.

Phillips 66 beats profit estimates as refining margins soar

U.S. refiner Phillips 66 beat Wall Street estimate for first-quarter profit, joining rivals in gaining from elevated margins on sustained fuel demand amid tight crude supplies.

Oerlikon orders fall as soft China demand hits polymers

Swiss industrial group OC Oerlikon said its orders fell nearly 14% in the first quarter, as weak filament demand in China led to postponements at its polymer business.

Neste moves forward in its renewable hydrogen project in Porvoo, Finland

In accordance with its ambition to reach carbon neutral production by 2035, Neste is working on a 120 MW electrolyzer project to produce renewable hydrogen at its Porvoo refinery in Finland.