Europe

Opinion: G7’s Russian oil tanker ban shows teeth, but bite is in doubt

The G7’s proposed plan to bar tankers from hauling Russian oil ups the ante in the West’s economic stand-off with Moscow, but the ultimate bite hinges on whether governments will ratchet up punishments on those skirting sanctions.

Russia and India sign deal to build urea plant in Russia

The joint venture will be based on the supply of ammonia from Russia's Togliattiazot plant, with the Indian companies financing the project until the plant begins commercial operations.

Honeywell to supply integrated automation systems for flagship UK carbon capture projects

Kazakhstan reroutes oil exports after drone attack cuts CPC pipeline capacity

The CPC pipeline, which carries over 80% of Kazakhstan's oil exports and handles more than 1% of global supply, briefly halted operations on Saturday after a mooring at its Black Sea terminal near Russia's Novorossiisk port was damaged.

Moeve announces its €1.2-B 2G biofuels project in Spain is more than 50% complete

deugro delivers final shipment for INEOS Project One

Russia boosts diesel exports by 3% in November despite sanctions, infrastructure damage

Exports of ultra-low-sulfur diesel via Primorsk, Russia’s largest outlet for diesel shipments, surged 39.3% month-on-month to 1.221 MMt as major producers completed seasonal and unplanned overhauls.

New plan to unlock the bioeconomy’s potential

Bio-based products derive from biological resources on land and in the sea. Bio-based chemicals, for example, can be made from algae that are used to produce pharmaceuticals, personal care products and industrial applications. Bio-based plastics are used in packaging and automotive parts. And bio-based construction productions, textile fibers and fertilizers are increasingly in demand.

Ammonia cracking: Bringing an industrial unit in Antwerp to life

In Antwerp, a unique pilot ammonia cracking unit has emerged. More than a technological feat, it is the culmination of genuine teamwork in service of the energy transition. This unit, now operational, will make it possible to convert ammonia into hydrogen on an industrial scale, and paves the way for new low-carbon supply chains.

Phillips 66 completes sale of majority interest in Germany and Austria retail marketing business