British Refinery Set to Close
Britain is set to lose a refinery that failed to attract any buyers after going into insolvency in June, leaving the country with four refineries in total. Prax Group, the…
Latest EU Sanctions Prompt India Refiners to Turn to Traders
Indian refiners would likely need to tap the services of fuel traders to find new markets for their output following the European Union’s approval of its 18th sanction package against…
Centrica buys 15% stake in Sizewell C as UK nuclear plant gets go-ahead
The UK government has signed off on a multi-billion-pound deal for the Sizewell C nuclear plant in Suffolk, on the North Sea coast, after attracting four crucial investors including British…
Air Products names new legal head amid top-team reshuffle
US industrial gas major Air Products has appointed Matthew Lepore as Executive Vice-President, General Counsel and Secretary, and Chief Compliance Officer. Effective 18 August, Lepore will report to CEO Eduardo Menezes.…
UK government awards 17 companies £63m in SAF funding
The UK government has awarded 17 companies £63m in sustainable aviation fuels (SAF) funding under the Advanced Fuels Fund (AFF) scheme, swelling overall funding to £198m. The biggest winners were…
Essar Energy Transition receives £2.5m UK grant for SAF
Essar Energy Transition (EET), a UK subsidiary of Indian multinational Essar Group, has been awarded £2.5m from the UK government’s Department for Transport (DfT), as part of its Advanced Fuels…
US–Taiwan partnership to deploy Taiwan’s first ammonia-to-power plant
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Alliant Energy advances CO2-based long-duration storage project
Utility company Alliant Energy has received approval from the Wisconsin Public Service Commission (PSC) to advance its Columbia energy storage project, which will use carbon dioxide-based technology for long-duration energy…
Hanwha Philly Shipyard lands order for $250m LNG carrier
Shipbuilder Hanwha Ocean has signed a KRW348m ($250m) contract for an LNG carrier at its Hanwha Philly Shipyard in Pennsylvania – marking the first US export-oriented order in 50 years.…
Oil Prices Dip as U.S.-EU Trade War Looms
Oil prices drifted lower early Tuesday in Asian markets, weighed down by escalating trade tensions between the world’s largest economies and mounting signs of rising crude supply. The looming threat…
