Europe
Opinion: Ukraine strikes on Russian oil might be too successful for Trump’s liking
The conflict between Russia and Ukraine that began in 2022 took a sharp turn in recent weeks as Kyiv began to launch waves of drone attacks on Russian refineries, pipelines and export terminals.
Hungary's MOL to restart crude exports from Iraq's Kurdistan
MOL expects the crude oil pipeline connecting the region to Turkey's port of Ceyhan to reopen in the coming days.
Eni unveils new biorefinery project in Sannazzaro de’ Burgondi
Eni announced that it has received approval from the Italian Ministry of the Environment and Energy Security to convert selected units at the Sannazzaro de’ Burgondi (Pavia) refinery into a biorefinery.
Hy2gen receives zoning approval for 270-MW green ammonia plant in Norway
The decision marks a key milestone for establishing a new, pioneering industry that will help cut greenhouse emissions in the maritime sector while creating long-term jobs and local value.
Russia to partially ban diesel exports, extend gasoline restrictions after Ukrainian drone attacks
The attacks have reduced Russian oil refining by almost a fifth on certain days and cut exports from key ports. The fall in capacity to refine oil has pushed Moscow close to reducing crude output. Several Russian regions are facing shortages of certain grades of fuel.
India fuel exports surge to multi-year highs on higher refinery runs, ethanol blending
Refiners in India, which sources about a third of its crude from Russia, are boosting runs and redirecting surplus barrels abroad.
Russia's Novatek restarts second processing unit at Ust-Luga complex after fire
The fire led to a full shutdown of operations, including fuel export loadings, one of a number of disruptions to Russia's energy industry as Ukraine steps up drone attacks in the neighbors' ongoing conflict.
Lanzajet, Kazmunaygas (KMG) announce Kazakhstan’s first SAF project advances to engineering and design phase
KMG and LanzaJet recently completed a joint feasibility study, and have agreed to move to the next phase of project development, front-end engineering and design (FEED), during which all technical and economic solutions for construction of the plant will be finalized.
China's ethylene surge could spell more pain for U.S., European chemical firms
The world's second-largest economy operates more than 54 MMtpy of ethylene capacity and is projected to rise about 9% of global 2024 capacity by 2030.
Russian fuel crisis widens after Ukrainian attacks
Ukraine has stepped up drone attacks on Russian energy infrastructure in recent weeks targeting refineries and export terminals to reduce Moscow's export revenues, stir domestic discontent and push the Kremlin to peace talks.
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