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Europe

Neste and World Fuel Services expand availability of Neste MY SAF for European airports

Neste and World Fuel Services are significantly expanding the availability of Neste MY Sustainable Aviation Fuel in Europe, building on World Fuel's extensive network and customer base and Neste's well-established production and supply chain capabilities.

Czechs take next step to eliminate Russian oil from Polish-owned refineries

The Czech Republic can cover its oil needs through shipments via the Transalpine Pipeline pipeline from 2025, Prime Minister Petr Fiala said after the country signed a deal to boost capacity along the link.

Europe's business jet industry aims for green rebrand

Europe's business jet sector is putting its greenest foot forward at its flagship annual conference this week as it faces a downturn in flights on the back of commercial aviation's rebound and growing pressure to become more sustainable.

Turkey and ship-to-ship top destinations for Russian May diesel loadings-traders

Turkey and ship-to-ship loadings remained the top destination for Russian diesel exports in May, while total shipments in May are set to fall because of seasonal refinery maintenance and rising domestic demand, traders said.

Berkshire Hathaway boosts stake in Occidental Petroleum to 24.4%

Berkshire Hathaway Inc said it had acquired more shares of Occidental Petroleum Corp, boosting its stake in the oil company to 24.4%.

Maire Tecnimont wins deal to design $1.5-B polypropylene plant in Vietnam

Vietnam's Stavian Quang Yen Petrochemical JSC said it had awarded a contract to design a $1.5-B polypropylene plant in the country to Italian engineering group Maire Tecnimont.

India's Russian oil buying hits record high, slashes Mideast, Africa share

India's oil imports from Russia rose to a fresh record high in April, further reducing the share of Middle Eastern and African grades to their lowest level in at least 22 years.

bp targets farms and feedstock as biofuel race gathers pace

bp is considering buying stakes in biofuel feedstock producers and investing directly in farming ventures to secure supplies as the global race for the low-carbon fuel gathers pace.

Renewable fuels to drive Neste's growth this year says CEO

Finnish refiner Neste expects renewable fuels from its new facilities in Singapore and the U.S. to drive its growth this year despite expectations of lower oil product margins in the second quarter.

Croatia's Janaf, MOL sign transport deal for 500,000 tons of crude

Croatia's oil pipeline operator Janaf has signed a transport agreement with Hungary's energy group MOL for shipments of 500,000 tons of crude on the Adriatic pipeline.