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Europe

Croatia assessing legality of importing Russian oil, EU says

Croatia is assessing whether it can lawfully import seaborne Russian crude oil to supply to Hungary and Slovakia after the Druzhba pipeline supplying them via Ukraine was damaged.

Clariant achieves EU Commission approval for renewable rice bran wax additives in food-contact plastics

This authorization, published in the (EU) 2026/245 amending Annex I to Regulation (EU) No 10/2011 on February 2, 2026 positions Clariant's Licocare RBW product line as a sustainable and compliant solution for applications intended to come into contact with food across the European plastics industry.

UK targets Russia's Transneft in new sanctions on Ukraine war anniversary

The West has imposed tens of thousands of sanctions on Russia, including its oil sector, but has failed to bring Russian oil exports down by any significant amount. China, India and Turkey still buy Russian oil.

Solvay to reduce production at Torrelavega soda ash plant due to market conditions

Indorama Ventures and AMB Spa introduce industrial-scale breakthrough for recyclable multilayer trays

MK-Polymer delivers ethylene-propylene rubber to JSC Kazenergokabel

Croatia must allow Russian oil flows to Hungary and Slovakia, MOL says

MOL has contracted more oil by tankers from various countries, including Russia, to a Croatian port, and both countries are looking to tap emergency crude reserves.

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.

INEOS receives €300-million grant to rejuvenate and decarbonize its Lavera plant