http://www.hydrocarbonprocessing.com Hydrocarbon Processing TotalEnergies booked loss in France due to refining activities, CEO says http://hydrocarbonprocessing.com/news/2026/02/totalenergies-booked-loss-in-france-due-to-refining-activities-ceo-says/ French oil major TotalEnergies did not pay corporate tax in France last year because its operations in the country led to a loss of between €200 MM ($237.22 MM) and €300 MM. Slovakia says Druzhba oil supplies interrupted, expected to resume in coming days http://hydrocarbonprocessing.com/news/2026/02/slovakia-says-druzhba-oil-supplies-interrupted-expected-to-resume-in-coming-days/ The economy ministry said the interruption did not affect Slovakia's energy security and gave no further details on the length of the expected suspension of flows. Indonesia's Medco expansion plans bet on rising energy demand in Southeast Asia http://hydrocarbonprocessing.com/news/2026/02/indonesias-medco-expansion-plans-bet-on-rising-energy-demand-in-southeast-asia/ Russia to send crude oil and fuel to Cuba soon, Izvestia reports http://hydrocarbonprocessing.com/news/2026/02/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. EIA: U.S. crude stocks increase by most in a year after storm hit refining, exports http://hydrocarbonprocessing.com/news/2026/02/eia-us-crude-stocks-increase-by-most-in-a-year-after-storm-hit-refining-exports/ U.S. crude stocks rose last week as refining and export activity slowed during a winter storm last month, while domestic output started to recover from the freeze. BASF to further strengthen Global Business Services through global hub setup http://hydrocarbonprocessing.com/news/2026/02/basf-to-further-strengthen-global-business-services-through-global-hub-setup/ Rosneft oil refinery in Germany warns of risks from U.S. sanctions http://hydrocarbonprocessing.com/news/2026/02/rosneft-oil-refinery-in-germany-warns-of-risks-from-us-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% http://hydrocarbonprocessing.com/news/2026/02/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. bp's Gelsenkirchen refinery attracts buyer's interest from Klesch http://hydrocarbonprocessing.com/news/2026/02/bps-gelsenkirchen-refinery-attracts-buyers-interest-from-klesch/ EU proposes service ban for Russian oil exports in new sanctions package http://hydrocarbonprocessing.com/news/2026/02/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.