Terminal News
Chemicals producer, BASF has announced they are ending ammonia and associated fertiliser production in the German city of Ludwigshafen due to high production and energy costs.
BASF seeks to cut costs by €500 million per year from 2024 by moving production to Belgium, the US and Asia. This is estimated to result in 2,600 jobs losses.
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India issued a notification late on Tuesday proposing amendments to the Central Motor Vehicles Rules to formally incorporate higher ethanol-blended fuels. The aim is to reduce the country’s reliance on
The United Arab Emirates (UAE) has announced it is leaving the Opec and Opec+ groups, after the World Bank warned the war in the Middle East has caused the biggest
Shell has entered into a definitive agreement to acquire ARC Resources, an energy company focused on the Montney shale basin in British Columbia and Alberta, Canada. The acquisition accelerates Shell’s
ExxonMobil Fawley has completed its Southampton to London Pipeline (SLP) installation project in a major milestone for UK aviation. The project included upgrading on‑site facilities to increase jet fuel capacity
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