Europe

Phillips 66 Limited completes acquisition of Lindsey Oil Refinery assets

The transaction comes after the company previously agreed to the deal in January, stating its intention to integrate key assets into its Humber Refinery operations.

Russian ESPO premiums ease on weak Chinese refining margins

Spot premiums for Russia's Far East ESPO Blend crude oil delivered to China in June have eased as weak refining margins curbed demand from independent refiners.

Fire brought under control at Russia's Tuapse oil terminal

Ukraine has increased attacks on Russia's energy infrastructure as the U.S., which had brokered peace talks to stop the conflict with Russia, has shifted its focus to the war in Iran.

Sir Jim Ratcliffe: “Will INEOS’ Project ONE be Europe’s last investment in the Petrochemicals industry?”

Czechs discussing possible fuel supplies from Slovakia

South Africa's Sasol aims for green jet fuel exports to EU

Sasol's SAF which is produced using cooking oil and vegetable oil at the company's 108,500-bpd Natref plant, was granted ISCC Plus sustainability certification from Germany's TUV SUD agency.

Russia to stop Kazakh oil flows to German PCK refinery via Druzhba

The move deals a blow to the PCK Schwedt refinery, which supplies most of the German capital's fuel and relies on Kazakhstan for 17% of its supplies.

U.S. fund and Indonesian oil group to make offer for Sicilian refinery ISAB

Cypriot private equity fund G.O.I. Energy has owned the refinery since buying it from Russian energy group Lukoil in 2023. The plant accounts for around a fifth of Italy's refining capacity.

Permit granted: MB Energy can build ammonia import terminal in Hamburg

Subject to the final investment decision, the terminal is planned to be built on the site of the Blumensand tank terminal in the Port of Hamburg.

What's in the EU's 20th package of sanctions against Russia?

The EU had initially aimed to adopt the package to mark the fourth anniversary of Russia's full-scale invasion of Ukraine on February 24.