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Europe

Cepsa and Evos join up for green methanol storage in Spain and the Netherlands

Spanish energy company Cepsa has signed an agreement with Evos, a liquid energy and chemical storage company with hubs in strategic locations across Europe, to enable the storage of green methanol to be produced by Cepsa at Evos’ storage facilities in Algeciras and Rotterdam.

Russia's Bashneft oil company installs anti-drone nets to protect refineries

Russian oil producer Bashneft has installed anti-drone nets to protect key facilities at its refineries from potential Ukrainian attack, the head of the republic of Bashkortostan where the company is based was quoted as saying.

Hapag-Lloyd and Seaspan to retrofit five vessels to methanol propulsion

Hapag-Lloyd and Seaspan Corporation enter into a partnership agreement to retrofit and convert five 10,100 TEU container ships powered by conventional MAN S90 engines to dual-fuel engines capable of operating on methanol.

Lower oil refinery output hits value of Russia's Q1 exports

Lower production at Russian oil refineries was partly to blame for the continued decline in the country's exports in the first quarter of this year.

Nigeria strikes deal with Shell to supply $3.8-B methanol project

Nigeria has struck a deal for Shell to supply gas to its proposed $3.8-B Brass methanol facility, resolving a major hurdle to a final investment decision on the project.

Solvay inaugurates new blowing agent production unit in Rosignano, Italy

Solvay announced the opening of its groundbreaking Alve-One production unit in Rosignano, Italy.

BASF, SABIC, and Linde celebrate the start-up of the world's first large-scale electrically heated steam cracking furnace

BASF, SABIC, and Linde have inaugurated the world’s first demonstration plant for large-scale electrically heated steam cracking furnaces.

Russia's offline primary oil refining capacity revised up for April

Russia's offline primary oil refining capacity has been revised upwards for April by 107,000 metric tons from previous expectations to 4.430 MMt.

Russia cuts railway gasoline exports by 26.5% in April so far

Russia has reduced gasoline exports by rail in April 1-14 by 26.5% from the same period in March due to an export ban.

Boeing secures its biggest purchase of Neste MY Sustainable Aviation Fuel through EPIC Fuels and Avfuel

Boeing has agreed to purchase 7.5 MM gallons of blended Neste MY Sustainable Aviation Fuel in 2024 to support its U.S. Commercial Airplanes business operations in reducing its greenhouse gas emissions.