Europe
Mammoet completes heavy haul for Portugal's Sines Industrial Complex's ALBA project
The ALBA project will see significant expansion of the Sines Industrial Complex in Portugal. This large facility includes a linear polyethylene plant and a polypropylene plant.
New DNV survey highlights oil and gas sector paradox
The latest DNV survey, “The Paradox of Petroleum—How the oil and gas sector is transforming through uncertainty,” gathered insights from nearly 450 senior oil and gas professionals to examine rapidly evolving trends and the near-term outlook for the sector.
INEOS commissions new pilot line to co-develop recyclable flexible packaging films
INEOS Olefins & Polymers Europe has become the first polymer producer in the world to successfully commission a new pilot line that it will use with customers to co-develop recyclable flexible packaging films. The multi-million Euro investment could help to prevent around 1 MMtpy of waste from being sent to landfill.
Lufthansa to raise fares as environmental costs increase
Lufthansa will add an environmental charge of up to €72 ($77) to its fares, the airline group said on Tuesday, joining at least one European rival in doing so as the industry battles to cover the cost of new EU rules on reducing emissions.
Global Project Data
Spotlight on Asia
NEXTCHEM (Maire) signs €4-MM grant with the EU to scale up proprietary chemical recycling technology
The grant will support the BOOST project, aimed at implementing the first commercial application of NXRe PMMA technology for the chemical recycling on continuous basis of polymethylmethacrylate (PMMA) scraps into high quality, added value intermediates
White Summit to invest €250 MM in Spanish green methanol plant
Infrastructure investment firm White Summit Capital will invest €250 MM ($267 million) in a green hydrogen and methanol plant in Spain.
Holborn awards KT - Kinetics Technology EPC contract for HVO project in Germany
KT - Kinetics Technology (Integrated E&C Solutions), also leveraging the technological know-how of NEXTCHEM (Sustainable Technology Solutions), has been awarded by HOLBORN Europa Raffinerie GmbH (HOLBORN) an engineering, procurement and construction (EPC) project to develop an hydrotreated vegetable oil (HVO) complex inside the existing HOLBORN’s refinery in Hamburg, Germany.
OMV to invest €750 MM at Petrobrazi to produce sustainable fuels
OMV Petrom will invest approximately €750 MM at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the region.
Glocal Green, Norwegian Hydrogen to build large-scale bio-eMethanol facility in Norway
Ålesund-based Glocal Green and Norwegian Hydrogen have entered into a collaboration agreement on large-scale production of what is also known as bio-e-methanol.
- OXEA confirms final investment decision for major capacity expansion at plant 7/10
- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
- Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch 7/10
