Europe
VaroPreem CEO: Refining is 'critical infrastructure' for Europe
Europe built its last major refinery in 1975 and has shut dozens of facilities over the past 30 yrs as its oil production declined and its aging plants struggled to compete with modern facilities in China, India and the Middle East.
Gazprom Neft provisionally agrees to sell NIS stake to Hungary's MOL
NIS supplies about 80% of Serbia's fuel market and holds around half of the retail segment.
Diesel exports from Russia's Primorsk may jump to record high in January
In December, exports via Primorsk, Russia’s largest outlet for ultra-low-sulfur diesel shipments, climbed 35% month-on-month to 1.7 MMt.
Moeve and Galp negotiating to combine downstream activities to form leading European energy and mobility platforms
Russia's diesel exports jump 40% in December on higher fuel output
Russia's seaborne diesel and gasoil exports surged by nearly 40% in December from November to about 3.41 MM tonnes (t), driven by higher fuel production and a seasonal drop in domestic demand.
Maersk explores more ethanol use for green fuel to cut reliance on China
The shipping sector is facing more difficulty than most in lowering emissions, requiring costly retrofits on existing vessels or new ships that can operate on e-fuels.
Serbia's Russian-owned NIS refiner buys first crude since U.S. sanctions waiver
Washington imposed sanctions on NIS in October as part of broader measures targeting Russia's energy sector over Moscow's war in Ukraine.
- Fire at Russian petrochemicals plant kills at least three 4/2
- NH3 Clean Energy selects Linde to deliver FEED for the WAH2 project 4/2
- Phelan Green selects Honeywell process technology for flagship South African eSAF facility 4/2
- Metafuels secures Dutch government grant to advance Rotterdam eSAF project 4/2
- Topsoe partners with Hynfra P.S.A. to advance green ammonia in Jordan 4/2
- China calls for independent refiners to maintain fuel output amid war disruption 4/2
