Europe
New Mediterranean IMO fuel rule helps bring more Doba crude to Europe
Dutch and German oil refineries have snapped up all four cargoes of Chadian Doba crude in April to profit from soaring demand for cleaner marine fuel in Europe from shipping companies including Maersk. Heavy, sweet Doba grade is particularly suitable for making ultra-low sulfur fuel oil (ULSFO) with a maximum sulfur content of 0.1%.
BASF’s Intermediates division converts European amines portfolio to 100% renewable electricity
The transition starts in May 2025 and will apply to all amines produced at the European production sites in Ludwigshafen, Germany, and Antwerp, Belgium.
Vioneo appoints Wood to design world’s first industrial scale fossil-free plastics facility
Vioneo has awarded Wood a contract to deliver the front-end engineering design for its revolutionary plant which will produce fossil-free plastics using green methanol.
Maire subsidiaries awarded various contracts worth approximately $1.1 B
MAIRE announced that its subsidiaries TECNIMONT and KT-Kinetics Technology have been granted new awards for a total amount of approximately $1.1 B for engineering, procurement and construction activities related to gas treatment infrastructures, as well as high-value added engineering services provided by NEXTCHEM's group companies for the development of biofuel facilities.
Versalis starts up new recycled polymer production plant at Porto Marghera
Versalis, Eni’s chemical company, has opened a new plant in Porto Marghera for the production of plastics made wholly or partially from mechanically recycled raw materials. This project marks another key milestone in the company’s commitment to promoting a more circular and environmentally sustainable economy through technological innovation and post-consumer plastics recycling.
ANALYSIS: EU power grid needs trillion-dollar upgrade to avert Spain-style blackouts
Europe's aging power grid and lack of energy storage capacity will require trillions of dollars in investments to cope with rising green energy output, increasing electricity demand and to avoid blackouts.
Repsol and Bunge to boost development of renewable fuels in Europe with intermediate crops
The companies will collaborate to process intermediate crops into low-carbon intensity oils to be used as feedstock for the production of renewable diesel or sustainable aviation fuel (SAF).
Repsol surpasses 1,000 service stations with 100% renewable Nexa Diesel
The multi-energy company's goal is to end the year with 1,500 service stations offering this fuel in the Iberian Peninsula.
Norway's Mongstad oil refinery maintains operation during partial evacuation
Norway's Mongstad oil refinery was partially evacuated on Friday when smoke was detected at an electricity substation on the site, although the plant's production continued during the incident.
OMV unveils Austria’s largest green H2 production plant
OMV has announced the successful startup of its 10-megawatts (MW) green hydrogen (H2) production plant, located at the Schwechat refinery near Vienna, the largest of its kind in Austria.
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