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Europe

Clariant launches CLARITY Prime - the digital service for AI-powered optimization of catalyst operation

Clariant, a sustainability-focused specialty chemical company, today announced the release of CLARITY Prime, an advanced digital service for syngas plants, an upgrade of its cloud-based service portal CLARITY.

Copenhagen Infrastructure Partners announces investments and agreements with LOTTE Chemical Corporation

The memorandum of understanding between CIP and LOTTE is intended to support collaboration on clean ammonia projects.

NextChem expands its low carbon portfolio with the acquisition of Gascontec, gaining innovative patents in hydrogen, ammonia, and methanol

MAIRE announced that NEXTCHEM has signed a binding agreement to acquire 100% of GasConTec Gmbh, an innovative company specialized in technology development and process engineering founded in 2017 and based in Bad Homburg, Germany.

bp awards Kent a five-year global commissioning framework agreement

Kent, a global integrated energy services company, announced that it has been awarded a five-year global commissioning framework agreement by bp.   

Reduced refining capacity, sanctions force Russia to cut oil output

Russia announced additional voluntary cuts in oil supply mainly in the form of production cuts rather than exports, as it faced curtailed refining capacity as well as stricter sanctions.

EU wants fossil fuel sector to help pay to combat climate change

The European Union is set to call for the fossil fuel industry to help pay for fighting climate change in poorer countries under a United Nations target, a draft document shows, as nations prepare for talks this year on a global finance goal.

IAG reaches one-third of 2030 SAF target with major e-SAF deal with Twelve

International Airlines Group announced its largest SAF purchase agreement to date, with e-SAF producer Twelve, which will supply advanced e-SAF made from made from CO2, water and renewable energy. 

Azerbaijan's Aliyev says Baku supports green energy, but world needs fossil fuels for now

Azerbaijani President Ilham Aliyev, whose country is due to host the COP29 summit on climate change in October, said that his country is committed to the green energy transition, but that the world cannot abandon fossil fuels in the near future.

Linde Engineering to deliver world-scale coastal CO2 Liquefaction Plant to Yara

Linde Engineering has signed a contract with global fertilizer manufacturer Yara to build a world-scale CO2 liquefaction plant in Sluiskil, the Netherlands.

ADNOC closes acquisition of 24.9% stake in OMV

ADNOC announced that it has formally closed the acquisition of a 24.9% shareholding in OMV AG, a global energy and chemicals group, headquartered and listed in Vienna, Austria, from Mubadala Investment Company.