Europe

Opinion: Trump’s Russian oil sanctions gambit will test his tolerance for pain

The U.S. designation of the two Russian companies, which follows Britain's decision last week to hit Rosneft and Lukoil with sanctions, cuts them off from the dollar-based financial system.

EU to list two Chinese oil refineries, one trader in new Russia sanctions

The EU has toughened its stance on Beijing as diplomatic efforts have stalled. The EU, Ukraine and its allies view China as a central node in Moscow's sanctions circumvention network.

Alliance sends letter to EU institutions calling for urgent reform to the EU's ETS and CBAM regulations

MAIRE to conduct feasibility study for a waste-to-methanol plant at the Mongstad refinery

Lummus and KMG to establish digital center of excellence in Kazakhstan

The center will serve as a hub for technology transfer and workforce development, providing advanced training, enhancing technical skills, improving industrial safety and strengthening operational excellence for Kazakhstan's growing petrochemical sector.

Trump’s India squeeze to push Russian oil further into the shadows

India has become a major trade buyer of Russian oil since Moscow’s invasion of Ukraine in 2022. It purchased 1.9 MMbpd of Russia’s crude in the first nine months of 2025, 40% of its total exports.

MOL says restarting units of Danube refinery not affected by fire; probe ongoing

The refinery, which has a capacity of 165,000 bpd of crude oil, largely processes Russian crude delivered via the Druzhba pipeline. It effectively covers Hungary's domestic demand for oil products.

U.S. says India halves Russian oil imports, sources say no cuts seen

Russian oil is a main irritant for Trump in prolonged trade talks with India - half of his 50% tariffs on Indian goods are in retaliation for those purchases.

Consortium to build e-fuels demonstration facility in Germany for e-SAF research

Russia says refineries to postpone maintenance to saturate market

In September, Russia imposed a partial ban on diesel exports and extended a gasoline export ban, which applies to all exporters, until the end of the year.