Europe
Russia ships first naphtha cargo to Vietnam
Naphtha is a primary feedstock in the petrochemical industry for producing olefins and aromatics, which are then used to manufacture a wide array of products, including plastics, synthetics and various other chemicals, and also used for gasoline blending.
KMG PetroChem, Tecnimont partner for the Tengiz GSC project in Kazakhstan
The Tengiz GSC project’s scope of work includes engineering, procurement, construction and commissioning works. TECNIMONT will be mainly responsible for the Engineering, Procurement and Commissioning.
Russia's Ryazan oil refinery halves refining capacity after drone attacks
According to sources, two primary oil refining units were stopped following the drone attacks - CDU-3 with a capacity of 8,600 tonnes (t) per day, and CDU-4 with a capacity of 11,400 tpd.
Kent joins FEED delivery team for Project Union East Coast (UK)
Kent announced its support to the front-end engineering design (FEED) delivery team for Project Union East Coast, a landmark initiative by National Gas to create a core-hydrogen network across Great Britain.
Russia's Novokuibyshevsk oil refinery halts operations after drone attacks
That was the first time a major Russian refinery had been attacked by a drone since March 2025.
CIMC Enric signs contract with Amon Gas for ammonia-fueled MGCs
CIMC Enric Holdings Limited and its subsidiaries announced that Nantong CIMC Sinopacific Offshore & Engineering Co., Ltd. (CIMC SOE), a subsidiary of CIMC Enric, has signed a shipbuilding contract with the Norwegian company Amon Gas for the construction of 2+2 51,000 m³ ammonia dual-fuel medium-sized LPG/liquid ammonia carriers (MGCs, Medium - sized Gas Carrier).
Indian state refiners pause Russian oil purchases
India, the world's third-largest oil importer, is the biggest buyer of seaborne Russian crude, a vital revenue earner for Russia as it wages war in Ukraine for a fourth year.
Key Asian fuel exporters boost jet fuel sales to Europe in July
Jet fuel exports from South Korea, China and Southeast Asia to Europe likely hit a multi-year high in July as traders shipped out excess regional supply to cash in on higher European prices.
CLG and INA successfully produce SAF from biogenic feedstock
Chevron Lummus Global (CLG) announced a successful commercial test for co-processing biogenic feedstocks and fossil feedstocks at INA Group's Rijeka Refinery in Croatia.
Trump threatens secondary sanctions on Russian oil exports, tariffs to reach as high as 100%
U.S. President Donald Trump unexpectedly shortened his deadline for hitting Russia with the most severe sanctions on its oil exports to date. While the market has called the president’s bluff thus far, the sheer scale of the threat may force investors to start pricing in this meaningful tail risk.
- 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
