Europe
Russia's government may allow gasoline exports until end of August
The Russian government may extend gasoline export permits for major producers until the end of August 2025.
Air Liquide and TotalEnergies to invest more than €1 B in green hydrogen
French oil major TotalEnergies will develop two green hydrogen (H2) projects with industrial gases company Air Liquide, aiming to help decarbonize Total's Dutch and Belgian refineries, they said on Tuesday.
Drone strike hits Chevron, Exxon oil exports via Russia
A drone strike has hit a pumping station on an oil pipeline in Russia, reducing flows from Kazakhstan to world markets pumped by Western firms including Chevron and ExxonMobil.
Chevron to lay off up to 20% of global workforce
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said, as it seeks to cut costs, simplify its business and complete a major acquisition.
MOL Group successfully tested the production of HVO and SAF at Eastern European refinery
MOL Group has produced a diesel fuel containing hydrotreated vegetable oil and sustainable aviation fuel at its refinery in Slovnaft, Bratislava, readying the production of alternative synthetic fuels, which is part of the company’s long-term SHAPE TOMORROW strategy.
Alternative Chinese terminals emerge to take in sanctioned tankers
A handful of newer Chinese terminals recently began receiving oil tankers sanctioned by the U.S., according to five sources and shipping data, providing logistics relief after a major port operator unexpectedly banned such deliveries last month.
Finland's Neste to slash around 600 jobs as quarterly core profit slumps on excess renewable fuel supply
Finnish oil refiner and biofuel maker Neste will slash around 600 positions as excess supply in the renewable fuel market caused a slump in quarterly core profit.
Magnon project in Huelva to capture biogenic CO2 to produce renewable fuels
Magnon Green Energy, the Ence Group’s energy subsidiary, is promoting a pioneering project for the capture and recovery of biogenic carbon dioxide (CO2) at its biomass-based renewable electricity generation plant in Huelva, Spain.
Liquid Wind announces new eFuel facility project in Örnsköldsvik, Sweden
The new eFuel project will be carried out in close collaboration with Övik Energi as a development partner and supplier of biogenic carbon dioxide (CO2). The new site is planned to be one of Europe's largest facilities for the production of eFuels.
Russia's Volgograd oil refinery partially recovers after drone attack
Russia's Volgograd oil refinery, which had halted operations following a Ukrainian drone attack on February 3, has partially resumed processing.
- 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
