Europe
Orlen signs 1-yr deal with Equinor for supply of 15% oil it uses
Under the 1-yr contract, oil will be delivered from the Norwegian port of Mongstad starting next month. Shipments may be directed to refineries in Poland as well as to Lithuania and the Czech Republic.
Novatek partially resumed processing at Ust-Luga complex
One of the three units at the complex was relaunched at full capacity on August 26.
Russia's idle oil refining capacity record high after Ukrainian drone attacks
Damage from Ukrainian drone attacks and extensive planned maintenance have sent Russia's offline oil refining capacity to a record high in August, though working sites are likely to spur output to help mitigate the impact.
DG Fuels advances plans to create EU-compliant E-SAF market supply
Two independent third-party consultant reports have confirmed that the modified DGF system will produce high-value E-SAF in compliance with existing EU guidance.
First of five pyrolysis reactors delivered to the tire recycling plant in Uddevalla
The delivery and installation of the reactors have now commenced as planned at the tire recycling plant, based on Enviro’s pyrolysis technology, being built by Enviro outside Uddevalla.
Russia raises August oil export plan after drone strikes continue to disrupt refineries
Export planning remains uncertain, however, due to ongoing strikes and shifting repair schedules, so delays and volume revisions are likely.
Update: Russian oil supplies to Slovakia may resume as soon as today
Slovakia and Hungary said on Friday that their supplies of Russian oil could be suspended for at least five days after a Ukrainian strike on a facility in Russia.
Liquid Sun launches eSAF production pilot with ABB, Finnair, Fortum and Finavia
Originating from research at Tampere University, Liquid Sun has developed an innovation based on low-temperature electrolysis (LTE) technology that converts CO₂ emissions and renewable H2 into eSAF.
Novatek to reduce naphtha exports due to fire at Ust-Luga complex
Debris from a destroyed Ukrainian drone caused a fire at Novatek's Ust-Luga terminal early on August 24.
Ukrainian attack suspends Russian oil flows to Hungary, Slovakia
Russia and Ukraine have stepped up attacks on each other's energy infrastructure, hitting Ukrainian domestic heating supplies, Russia's Druzhba pipeline and other facilities over the past few weeks.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
