Europe
Russia to send crude oil and fuel to Cuba soon, Izvestia reports
Cuba is grappling with fuel shortages after the U.S. moved to choke off its oil supplies. The communist-run island has warned international airlines that jet fuel will no longer be available, the latest sign of fast-worsening conditions.
Rosneft oil refinery in Germany warns of risks from U.S. sanctions
In a January letter, management of the PCK Schwedt refinery, controlled by Rosneft, made an "urgent appeal" to economy and energy minister Katherina Reiche to resolve a standoff with the United States over the refinery's future.
TotalEnergies takes over Zeeland refinery operations, Lukoil still owns 45%
Under the deal, Total supplies all the crude, pays for operations and takes all of the refinery’s output.
Workers at TotalEnergies' La Mede refinery seek redress for benzene exposure
Energy companies are increasingly facing litigation from workers exposed to benzene and other chemicals deemed to be harmful to health, with courts in some jurisdictions awarding high amounts to injured parties.
Indian refiners avoid Russian oil in push for U.S. trade deal
The U.S. and India moved closer to a trade pact on Friday, announcing a framework for a deal they hope to conclude by March that would lower tariffs and deepen economic cooperation.
UAE and Germany deepen energy ties as German Chancellor visits ADNOC HQ
The visit builds on the €14.7-B investment to support Covestro’s long-term growth as a German industrial champion by XRG, ADNOC’s international energy investment company, and underscores ADNOC’s central role in advancing the UAE-Germany strategic energy partnership.
EU proposes service ban for Russian oil exports in new sanctions package
Russia exports over a third of its oil in Western tankers - mostly to India and China - with the use of Western shipping services.
- Phillips 66 greenlights new gas plant and fractionator projects, advancing integrated wellhead-to-market strategy 5/18
- OXEA and Air Liquide renew syngas and hydrogen supply agreement for Oberhausen site 5/18
- U.S. oil refiners finally profit from biofuels due to mandates, high fuel prices 5/18
- China's April oil throughput hits lowest since August 2022, inventories rise 5/18
- Vietnam receives first cargo of Congo Djeno crude for Nghi Son refinery 5/18
- Mexico's Pemex says brief fire at Olmeca refinery controlled, operations normal 5/18
