Europe
Red Sea worries cause spike in refined fuel prices, but market will adjust
The main impact from the escalating tensions in the Middle East and the threat to ships transiting the Red Sea isn't on crude oil prices, but rather on the heightened vulnerability of refined fuels.
Tanker with Russian diesel to discharge at the port of Venezuela
Sea Maverick with about 33,000 metric tons of ultra-low sulfur diesel loaded at the end of December 2023 at the Russian Baltic port of Primorsk is discharging at the El Palito port in Venezuela.
Fuel tanker is loaded at Novatek's Ust-Luga terminal
A tanker called Breeze is being loaded with fuel at Novatek's terminal at the Baltic Sea's port of Ust-Luga, where the company's fuel-producing complex was damaged earlier this month.
Russia's Novak says NORSI refinery repairs to take at least a month
Russian Deputy Prime Minister Alexander Novak said that repair work on Lukoil's NORSI oil refinery will take at least a month or a month and a half, in another setback for Russia's oil refining industry.
Baker Hughes achieves new hydrogen milestones to accelerate transition to hydrogen economy
Baker Hughes, an energy technology company, announced several milestones to support the growth of the hydrogen economy, as part of the company’s broader strategy in new energy.
BASF and Envision Energy enter a collaboration to drive sustainable energy solutions
BASF process catalysts announced a new collaboration with Envision Energy, a leading green technology provider of comprehensive net zero solutions.
France drops plan to decrease farmers' diesel discount but protests to continue
The French government dropped plans to gradually reduce state subsidies on agricultural diesel but that seems not enough for angry farmers surrounding Paris and still threatening to converge on the capital in their tractors.
Neste and PVG partner to enable households in Europe to heat their homes with a lower-emission heating kerosene
Neste is offering a new co-processed odorless heating kerosene as a lower-emission solution for portable liquid fuel heaters.
France drops plan to decrease farmers' diesel discount as tractors surround Paris
The French government dropped plans to gradually reduce state subsidies on agricultural diesel as angry farmers surrounded Paris and threatened to converge on the capital in their tractors.
Russia struggles to sell Pacific oil, 14 tankers stuck
More than a dozen tankers loaded with 10-MM barrels of Russia's Sokol grade crude oil have been stranded off the coast of South Korea for weeks, so far unsold due to U.S. sanctions and payment issues.
- GTT receives order from Samsung Heavy Industries for the tank design of two new very large ethane carriers 2/11
- Emerson introduces hybrid continuous gas analyzer for improved regulatory compliance and emissions control 2/11
- BASF to further strengthen Global Business Services through global hub setup 2/11
- Morocco signs agreement with ORNX consortium for $4.5-B green ammonia complex 2/11
- Rosneft oil refinery in Germany warns of risks from U.S. sanctions 2/11
- TotalEnergies takes over Zeeland refinery operations, Lukoil still owns 45% 2/11
