Europe
Czech government agrees to release 100,000 tonnes of crude from reserves
The Czech government agreed on Monday to release 100,000 tonnes of crude oil from state reserves as a loan to Orlen's Czech refining operations.
South Korea's LG Chem to import Russian naphtha
The country's Industry Ministry had earlier confirmed the shipment, including its size, but did not disclose the importing company's name.
TotalEnergies, EDF sign long‑term partnership for low‑carbon electricity supply for TotalEnergies’ France refining and chemicals sites
Under this agreement, EDF will allocate to TotalEnergies a share of the output of its operating nuclear fleet.
Russia's vast Kirishi oil refinery halts operations after drone attacks
The stoppage is set to exacerbate Russia's oil supply challenges as around 40% of its crude oil exporting capacity has already been shut as a result of drone attacks, seizures of tankers and the Druzhba pipeline closure on the territory of Ukraine.
HyOrc signs binding agreement for European waste-to-methanol project
Under the agreement, HyOrc has been appointed as the technology partner for Stage 3 of the project, focused on the thermochemical conversion of Refuse-Derived Fuel (RDF) into green methanol.
Germany unveils climate plan to cut emissions and fossil fuels
While the long-awaited 67-point program addresses concerns that Berlin's climate goals are at risk, it comes amid growing fears about soaring energy prices and oil and gas flow disruption due to the Iran war.
Serbia secures U.S. sanctions waiver for its NIS oil firm
NIS operates Serbia's only oil refinery in the town of Pancevo, just outside Belgrade and is the biggest supplier and fuel retailer in the Balkan country.
- 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

