Europe
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.
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.
Orlen plans maintenance at Polish, Czech refineries in 2026
In 2025, Orlen processed 39.6 MM tonnes (t) of oil, using 93% of its refining capacity.
- Maire signs MoU to explore SAF production in Kazakhstan 6/24
- Air Liquide to supply gases to Silleno's world-scale polyethylene plant 6/24
- Moscow oil refinery hit by drone attacks is unlikely to resume production this year 6/24
- ExxonMobil's Antwerp refinery to stop output from June 29–July 3 due to strike 6/24
- Singapore's Aster plans August maintenance for crude, petchem units 6/24
- TotalEnergies must invest in Gulf pipelines to bypass Hormuz, CEO says 6/24
