TotalEnergies secures green hydrogen for German refinery

TotalEnergies secures green hydrogen for German refinery

MOSCOW (MRC) -- TotalEnergies and German gas distributor VNG have signed an agreement for the supply of green hydrogen to TotalEnergies’ Leuna refinery in Germany’s Saxon-Anhalt state, said the company.

Under the agreement, the hydrogen will be produced from renewable electricity with a 30 MW electrolyzer in Bad Lauchstadt, near Leuna, that will be built and operated by VNG and German power generation company Uniper.

The green hydrogen is expected to contribute to the refinery’s decarbonisition, reducing its annual carbon dioxide (CO2) emissions by up to 80,000 tonnes by 2030. Furthermore, a pipeline connection to Bad Lauchstadt would give the refinery access to the future European hydrogen infrastructure and international markets for green hydrogen, officials said.

A final investment decision (FID) on the EUR210m Bad Lauchstadt electrolyzer project has been reached and groundbreaking took place on Wednesday. From Q3 2025, the pipeline is scheduled to transport green hydrogen from the Bad Lauchstadt for use at the refinery, officials said.

For the refinery, the supply agreement with VNG is “a first step that will enable us to purchase green hydrogen in large quantities in the future and to produce low carbon footprint products such as renewable fuels of non-biological origin, or e-fuels,” said Thomas Behrends, the refinery’s general manager.

TotalEnergies added that it focuses on decarbonising the hydrogen used in its European refineries, reducing CO2 emissions by 3m tonnes/year by 2030.

We remind, TotalEnergies confirms its commitment to the energy transition in Kazakhstan with the signature of a Power Purchase Agreement (PPA) for the Mirny project. This will be the first PPA signed in the country for a wind project of such scale. Located in the Zhambyl region, the project aims to build a 1 GW onshore wind farm combined with a 600 MWh battery energy storage system for a reliable power supply.

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U.S. EPA finalizes biofuels blending mandates

U.S. EPA finalizes biofuels blending mandates

MOSCOW (MRC) -- The Biden administration has increased the amount of biofuels that oil refiners must blend into the nation's fuel mix over the next three years, but the plan includes lower mandates for corn-based ethanol than it has initially proposed, the administration announced on Wednesday, as per Hydrocarbonprocessing.

The U.S. Environmental Protection Agency has finalized biofuel blending volumes at 20.94 billion gallons in 2023, 21.54 billion gallons in 2024 and 22.33 billion gallons in 2025. That compares with the initial proposal announced in December of 20.82 billion in 2023, 21.87 billion in 2024, and 22.68 billion in 2025.

It was reported earlier, European Union lawmakers plan to accept changes made by countries last week to the bloc's renewable energy law, to give assurances to France and others on potentially exempting ammonia plants. EU countries on Friday agreed late changes to the law, adding an amendment that said some ammonia plants would struggle to switch to renewable fuels, and a pledge from the European Commission to consider exempting them from renewable targets.

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Oil extends declines on China growth woes, firmer dollar

Oil extends declines on China growth woes, firmer dollar

MOSCOW (MRC) -- Oil prices weakened on Wednesday, extending falls to a third straight day, as the dollar strengthened on a U.S. housing market recovery while fears persisted that monetary stimulus may not be enough to revive growth in China, said Reuters.

Brent futures fell 21 cents, or 0.3%, to USD75.69 a barrel and U.S. West Texas Intermediate (WTI) crude futures were down 14 cents, or 0.2%, at USD71.06 at 0043 GMT. The dollar rose after data showed U.S. homebuilding surged in May to the highest in more than a year and permits for future construction climbed, suggesting the housing market may be recovering after being hammered by Federal Reserve rate hikes.

A firmer dollar weighs on oil demand as it makes the commodity more expensive for buyers holding other currencies. The market remains concerned about a faltering recovery in China, the world's top oil importer. Looking to boost growth, China on Tuesday cut its benchmark loan prime rates (LPR) for the first time in 10 months, with a smaller-than-expected 10-basis-point reduction in the five-year LPR.

The rate reduction followed recent economic data showing the China's retail and factory sectors were struggling to sustain momentum from earlier this year. "Investors remained impatient with China's efforts to boost economic growth," ANZ Research said in a client note on Wednesday. "Beijing's slow stimulus rollout is adding concerns about the weakening economy."

Oil trade was also cautious ahead of congressional testimony by U.S. Federal Reserve Chair Jerome Powell later on Wednesday which is expected to provide clues on future rate moves in the world's biggest economy. Two Federal Reserve policymakers and an economist nominated to join them on the Fed's Washington-based board on Tuesday said their focus is on bringing down too-high inflation so that the U.S. economy can get back to sustainable growth.

We remind, Oil prices fell in choppy trading on Tuesday as a clouded oil demand outlook outweighed the potential boost from a cut to China's benchmark lending rates. Brent crude fell 92 cents, or 1.2%, to USD75.17 a barrel by 1345 GMT. U.S. West Texas Intermediate (WTI) crude for July was down USD1.53 from Friday's close at USD70.25. The July contract expires at the end of trade on Tuesday. The more active WTI crude contract for August delivery was down USD1.51 from Friday at USD70.42 a barrel. There was no WTI settlement on Monday because of a U.S. public holiday.

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MAIRE awarded new contract in IE&CS and STS business units

MAIRE awarded new contract in IE&CS and STS business units

MOSCOW (MRC) -- MAIRE S.p.A. announces that its Integrated E&C Solutions (IE&CS) and Sustainable Technology Solutions (STS) subsidiaries have been awarded new contracts for an overall value of approximately USD260 MM by international clients mainly in Europe, Asia and South America, said Hydrocarbonprocessing.

In particular, KT-Kinetics Technology has been awarded an IE&CS contract for a pre-treatment plant by PKN Orlen (PKN), a Polish multinational oil refiner and petrol retailer, with major operations in Central Europe.

The project shall have a duration of 24 months. The pre-treatment plant, to be installed inside the Plock Refinery in Central Poland, shall process vegetable oils, used cooking oils and animal fats to produce renewable diesel (also known as Hydrotreated Vegetable Oil, or HVO) for the domestic and International markets. NextChem, part of the Sustainable Technology Solutions business unit, will act as technology integrator for the project. The unit will be the first of this kind in Poland and will contribute to the Country’s decarbonization plans, in line with the EU directives.

Alessandro Bernini, MAIRE CEO, commented: “The PKN award is a testament of MAIRE’s expertise in renewable fuels and value creation from second generation feedstock obtained from non-food crops. Thanks to the Group’s integrated approach across its two business units, MAIRE confirms its role as project enabler and technology integrator in the energy transition”.

We remind, Maire Tecnimont S.p.A. (Milan, Italy) announced that its Sustainable Technology Solutions subsidiary NextChem has been awarded a new contract by Storengy to carry out a further advanced basic engineering study for the gasification of the waste wood and the purification system of the syngas to produce biomethane.

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Air Liquide signs long-term PPA deal for renewable power to Chinese sites

Air Liquide signs long-term PPA deal for renewable power to Chinese sites

MOSCOW (MRC) -- Air Liquide has signed its first long-term power purchase agreement (PPA) with two China Three Gorges Corp subsidiaries for the supply of renewable electricity in China, said the company.

Under the PPA, Air Liquide will purchase a total of 200-megawatt/y of renewable power to be supplied by China Three Gorges Renewables and China Three Gorges Corp Jiangsu branch, beginning in Jan 2024.

The renewable electricity will come from solar and wind farms located in the province of Jiangsu to contribute to the production of industrial and medical gases in China. It will reduce up to 120,000 tonnes/y of carbon dioxide emissions.

We remind, Air Products has signed an investment agreement with the Government of the Republic of Uzbekistan and Uzbekneftegaz JSC (UNG) to acquire, own and operate a natural gas-to-syngas processing facility in Qashqadaryo Province, Uzbekistan for 1 billion dollars. The natural gas-to-syngas industrial complex is an integral part of state-owned energy company Uzbekneftegaz JSC’s multi-billion gas-to-liquid (GTL) facility?one of the most advanced energy plants in the world?producing 1.5 million tonnes per year of high value-add synthetic fuels for domestic use and potentially export.

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