Europe

EU working on jet fuel plan as Iran crisis threatens air travel

EU warns of prolonged energy shock, forced cuts if Iran war continues

Europe has not yet faced supply shortages, but is grappling with soaring oil and gas prices and airports have warned the first jet fuel shortages could hit within weeks.

Europe's summer flights at risk as Iran war exposes refining decline

Europe’s oil and gas industry has shrunk dramatically over the past 25 years: North Sea production has dwindled and more than 30 refineries - 16% of refining capacity - have been shuttered across the continent.

SUBLIME Energie inaugurates world's first system capable of liquefying biogas into a renewable fuel

Russia’s Rosneft diverts oil to Tuapse refinery from drone-hit Novorossiysk port

A Ukrainian drone attack sparked a large fire at the Sheskharis oil terminal in the Novorossiysk port last week, damaging two of its main berths and forcing oil exports from the port to halt.

Allied Biofuels signs PIA with Uzbekistan to advance $6-B biofuels refinery project

Ireland facing 'very severe' situation due to protester fuel blockades, PM says

Industry group Fuels for Ireland said more than 100 petrol stations had run out of fuel and that number could rise to 500 by tonight.

Europe could face jet fuel crunch within weeks, airports body warns

Air connectivity contributes €851 B ($997.03 B) in gross domestic product annually for European economies and supports 14 MM jobs, with airports handling 26% of Europe's exports by value.

thyssenkrupp Uhde to build a low-emission polyester plant for KÖKSAN in Turkey

Germany probes Klesch's planned purchase of bp refinery

The nationality of Klesch Group owner Gary Klesch, who has given up his U.S. citizenship to become British, is one reason for the review of the planned deal.