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Europe

EU, Britain go ahead with new Russia sanctions without waiting for Trump

The EU and Britain announced new sanctions against Russia on Tuesday without waiting for Washington to join them, a day after President Donald Trump's phone call with Vladimir Putin brought about neither a ceasefire in Ukraine nor fresh U.S. sanctions.

Deutsche ReGas gets EU funding for Lubmin hydrogen project

Deutsche ReGas on Wednesday said it will receive €112 MM ($126.97 MM) worth of public grants from the European Union's Hydrogen Bank for a renewable hydrogen project at Lubmin on Germany's Baltic Sea coast.

Neste starts SAF production at its Rotterdam refinery

A major Technip Energies project has come to fruition with the start of production of sustainable aviation fuel (SAF) by Neste at its modified refinery in Rotterdam, The Netherlands.

Russia in favor of extending partial gasoline export ban

Russian government is in favor of extending its partial gasoline export ban, which is in force until the end of August, to September and October

Germany's VCI says chemical sector sales grew 1.8% in Q1 of this year

Quarterly sales in Germany's chemical industry grew 1.8% from last year, helped by higher demand and pull-forward effects from U.S. customers stocking up

Italy's Meloni warns EU green policies risk 'industrial desertification'

Italian Prime Minister Giorgia Meloni warned that rigid green policies could devastate Europe's industrial base, and called for a more cautious approach to the ecological transition that protects economic and social stability.

Nuberg EPC, EDL sign technical collaboration agreement across several industries

Nuberg EPC and EDL Anlagenbau Gesellschaft mbH (a Pörner Group Company) have signed a Technical Collaboration Agreement to explore engineering and sustainable development opportunities across industries including fuel oil refineries, petrochemical industries, green hydrogen derivatives and sustainable process technologies to accelerate technological excellence and environmental responsibility.

Russia's idle oil refining capacity revised up by 30% in May

Russia's offline primary oil refining capacity has been revised up by 29.5% in May from the previous plan to 3.41 MM tonnes (t).

Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business

Phillips 66 announced that its subsidiary, Phillips 66 Continental Holding GmbH, has entered into a definitive agreement to divest a 65 percent interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.

Carbon Clean announces successful test of CycloneCC C1 technology at commercial scale

Carbon Clean has announced today the successful factory testing of the world’s largest Rotating Packed Bed (RPB) of this size for carbon capture.