Europe

EIA: Danish, Turkish Straits critical to Europe’s crude oil, petroleum trade

The Danish Straits and Turkish Straits, together transited by a combined volume of more than 5 MMbpd in 2016, are important chokepoints for Europe’s crude oil and petroleum liquids supply.

Tatneft to double TANEKO's refining capacity in 2017

MOSCOW (Reuters) — Russian mid-sized oil producer Tatneft plans to double the capacity of its TANEKO oil refinery to 14 MMt this year, TANEKO General Director Leonid Alekhin told Reuters.

Repsol invests 5 MM Euros in Puertollano lubricants plant

Repsol will invest 5 MM euros in its Puertollano lubricants plant as part of the company’s objective to increase sales in both domestic and international markets. Production will be increased until maximum capacity is reached.

Linde awarded supply contract for biofuel refinery

GOTHENBURG, Sweden/MUNICH, Germany — Technology company The Linde Group has been awarded with the engineering and supply of a modular hydrogen manufacturing unit for St1 Refinery in Gothenburg, Sweden. Linde’s Engineering Division will start the engineering and construction of the unit immediately, with the completion estimated for the end of 2018.

Oil falls on strong dollar, OPEC and China weigh

LONDON (Reuters) — Oil prices fell on Tuesday, extending a heavy sell-off after a surge in the dollar and weighed down by signs of weaker demand in China, the world's second-largest consumer.

MeadCo launches ScriptX 8.0 for the oil and gas industry

UK company MeadCo launched ScriptX 8.0 to the oil and gas industry. ScriptX provides consistent printing of daily reports, equipment lists and all critical documents, both on and off shore, from Internet Explorer.

German green group to pursue diesel bans as agreed steps inadequate

BERLIN (Reuters) — German efforts to overcome a diesel scandal were dealt a blow on Tuesday after prosecutors widened a Volkswagen probe and a key environmental group said steps proposed by automakers to cut pollution remained inadequate.

UFF to use Neste renewable diesel in its logistics chain

Neste MY Renewable Diesel, produced entirely from waste and residues, will reduce the amount of greenhouse gas emissions produced in UFF's logistics chain. UFF is an organization that recycles clothing for non-profit purposes, and the organization's logistics chain covers the whole of Finland. In collecting clothes for recycling and reuse, UFF clocks up about 800,000 km–900,000 km annually with its own vehicles.

Traffic to Antwerp port blocked as cargo ship runs aground

BRUSSELS (Reuters) — Traffic to and from Antwerp, Europe's second-biggest port, was halted on Monday after a container ship ran aground on the banks of the river Scheldt which connects the port to the North Sea.

Oil prices slip on Chinese demand concerns, rising US activity

AMSTERDAM (Reuters) — Oil prices fell on Monday as a slowdown in Chinese refining raised concerns about demand in the world's second-biggest consumer, while an increase in US drilling capacity could deepen a global supply glut.