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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HysetCo is strengthening its network of hydrogen stations in the Île-de-France region, France. The company has increased the distribution capacity of its Paris-Orly airport station to 1 tonne per day.
Bp has signed a memorandum of understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s Sirte basin,
The National Wealth Fund has announced a £28.6 million (€33.2 million) equity investment in the UK’s cement decarbonisation project, Peak Cluster, to support the development of a planned carbon dioxide
MET, has acquired 100% of KGE, a natural gas storage operator based in Gronau, North Rhine-Westphalia, Germany. With this acquisition MET is further strengthening its commitment to investing in natural
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