Europe
GlobalData: Planned projects poised to raise global propylene capacity levels
China and the US are the primary drivers for expanded global capacity that is estimated to increase to almost 130 MMtpy by 2020.
French diesel stocks shrink as strikes continue
Stranded tankers and significantly reduced production are crippling France’s refining industry.
Gazprom sees record 2016 gas exports to Europe
Russia's Gazprom plans to export a record 165 Bcm of gas to Europe this year, as falling gas prices have made its gas more attractive to European consumers.
France uses strategic oil reserves to counter refinery blockade
Unions protesting against a planned labor reform are picketing refineries around France, and the disruption has led to fuel shortages in large parts of the country.
French strike impacts output at several refineries
France's Socialist government drew battle lines with one of the country's biggest trade unions over labor market reforms as a strike by oil workers forced at least five refineries to halt or slow down operations.
Shell CEO warns on hasty renewables shift
Major investors, including Dutch pension fund PGGM, have criticized Shell's climate change policy in recent months, saying it should do more to mitigate climate change risks.
French union calls for widespread shutdown of refineries by workers
The vote, aimed at pressuring the socialist government of President Francoise Hollande to withdraw a labor reform bill which the unions consider as unfavorable to workers, could stoke concerns over refined products supply in France.
Argentina’s refiners buy Nigerian crude as second foreign cargo of 2016
Because of quality issues -- Argentina has a surplus of heavy crude that is regularly exported, but it does not produce enough light grades -- refining companies plan to import at least 3 MMbbl of crude.
Nigerian union proceeds with fuel protest strike
The government hopes lifting costly fuel subsidies, causing prices to rise by up to two thirds at the pumps, will help alleviate the worst crisis in decades in Africa's biggest economy.
Worker killed in accident at Komsomolsk refinery of Russia’s Rosneft
The worker was from a contractor firm working on the site, Rosneft said in a statement. The accident occurred during tests at a pipeline which was undergoing maintenance works.
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