Europe
Russian oil refineries' peak maintenance expected in January and September
The scale of repair work this month exceeded initial expectations because some plants have been dealing with the consequences of Ukrainian drone attacks.
First successful processing of eMethanol for efuel production in Freiberg
The Kassø plant uses renewable energy to produce the feedstock, which was processed for the first time in the gasoline synthesis plant in Freiberg to produce renewable gasoline from biogenic CO₂ and green hydrogen.
Russia hunts for new naphtha markets as key buyers pull back
Buyers have become more cautious after Washington imposed sanctions on top Russian oil producers, forcing sellers to hold naphtha on ships or in storage abroad from where it can be re-exported, often with the destination obscured.
India shifts diesel exports to West Africa as EU bans Russian crude-derived fuel
The developments highlight that the EU policy, aimed at punishing Russia over its 2022 full-scale invasion of Ukraine, is prompting a further reordering of intercontinental oil flows, forcing India’s oil refineries to seek new markets and disrupting Turkey's lucrative trade in supplying fuel to the EU.
- Azerbaijan's State Oil Company redirects supplies of jet fuel from STAR refinery to Turkish domestic market 5/8
- Hungry to sell, UAE slips hidden oil tankers through Strait of Hormuz 5/8
- Seven markets to track if peace breaks out in the Middle East 5/8
- Asia exports of refined fuels plunge amid Hormuz closure 5/8
- Libya's Zawiya oil refinery shut due to nearby clashes 5/8
- Meghna PVC partners with Jotun to manage corrosion maintenance 5/7
