Europe
Sanctions-hit Nayara scrambles to sustain operations, with New Delhi's help
Shut out of many international markets because of crippling sanctions imposed by the European Union on July 18, the Russian-owned refinery has had to divert more fuel to the domestic market and find new export customers, among numerous workarounds, big and small, forced by the bloc's penalty.
Eni seeks approval for Sicily biorefinery, recycling plant
Italy's energy ministry recently cleared the application to proceed with the project, which will use the area currently occupied by Eni's ethylene plant, set to be gradually decommissioned.
Taiwan and India were top destinations for Russian naphtha in August
Since the European Union's full embargo on Russian oil products went into effect in February 2023, countries in the Middle East and Asia have become the main destinations for Russia's naphtha supplies.
Czech state lending 200,000 tons of oil to Orlen Unipetrol during TAL work
The State Material Reserves Administration (SSHR) said work on modernizing the pier at the port in Trieste, Italy, where the pipeline begins, was limiting the movement of tankers and restricting supplies.
Taiwan says private refiners willing to stop buying Russian naphtha
While Taiwan joined the United States and major Western allies in putting broad sanctions on Russia after it invaded Ukraine in 2022, it did not explicitly ban imports of energy.
Update: U.S. postpones sanctions on Serbia's Russian-owned NIS oil company for one week
The reported extension comes as the U.S. extended a license for Croatian oil pipeline operator JANAF to transport crude to Serbia for another week, as it seeks to complete the delivery of contracted volumes.
European Energy to introduce next generation of green methanol technology
The bio-methanol will be produced through an innovative technology known as electrified steam methane reforming (e-SMR), where renewable electricity is used to process biogas or biomethane into synthesis gas, which is then converted into green methanol using European Energy’s proprietary methanol technology.
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