Refining
U.S. demands on Europe in the field of energy
This week U.S. Energy Secretary Chris Wright gave the Paris-based International Energy Agency a one-year deadline to abandon its support of goals to reduce planet-warming gas emissions to "net zero" by 2050 or risk losing the United States as a member.
EU allows Berlin to take long-term control of Rosneft's German assets
The assets, which include stakes in the PCK Schwedt, MiRo and Bayernoil refineries, were placed in the German government's trusteeship in 2022 after Moscow's invasion of Ukraine rocked Germany's decades-long energy ties with Russia.
Orlen plans maintenance at Polish, Czech refineries in 2026
In 2025, Orlen processed 39.6 MM tonnes (t) of oil, using 93% of its refining capacity.
India's Bharat Petroleum, HPCL Mittal buy Venezuelan oil
The heavy oil, purchased through two separate deals, is planned to be co-loaded on a very large crude carrier to save on shipping cost, and will boost India's imports of Venezuelan crude to at least 6 MMbbl through April.
MOL sources alternative oil supplies as Druzhba pipeline outage drags
Hungary's MOL group has ordered tankers delivering Saudi, Norwegian, Kazakh, Libyan and Russian oil to supply its Hungarian and Slovak refineries and halted diesel supplies to Ukraine as it scrambles to overcome an outage of the Druzhba pipeline.
- OXEA confirms final investment decision for major capacity expansion at plant 7/10
- TotalEnergies ships to Asia the first cargo produced by the ECA LNG plant 7/10
- ADNOC L&S expands LNG fleet with order for four new carriers 7/10
- India's ONGC plans to build 13-MMbbl national strategic oil reserve 7/10
- Russian refineries, oil terminal, tankers hit, Ukraine says 7/10
- Tajikistan says it has 60 days' fuel in reserve amid Russian supply crunch 7/10
