Europe
Berlin seeks to shield Rosneft's German arm from U.S. sanctions
Rosneft's German business is controlled by German authorities but Russian-owned. It is a key supplier, routing and refining oil to petrol pumps and some airports in Europe's biggest economy.
Opinion: Trump’s Russian oil sanctions gambit will test his tolerance for pain
The U.S. designation of the two Russian companies, which follows Britain's decision last week to hit Rosneft and Lukoil with sanctions, cuts them off from the dollar-based financial system.
EU to list two Chinese oil refineries, one trader in new Russia sanctions
The EU has toughened its stance on Beijing as diplomatic efforts have stalled. The EU, Ukraine and its allies view China as a central node in Moscow's sanctions circumvention network.
Lummus and KMG to establish digital center of excellence in Kazakhstan
The center will serve as a hub for technology transfer and workforce development, providing advanced training, enhancing technical skills, improving industrial safety and strengthening operational excellence for Kazakhstan's growing petrochemical sector.
Trump’s India squeeze to push Russian oil further into the shadows
India has become a major trade buyer of Russian oil since Moscow’s invasion of Ukraine in 2022. It purchased 1.9 MMbpd of Russia’s crude in the first nine months of 2025, 40% of its total exports.
MOL says restarting units of Danube refinery not affected by fire; probe ongoing
The refinery, which has a capacity of 165,000 bpd of crude oil, largely processes Russian crude delivered via the Druzhba pipeline. It effectively covers Hungary's domestic demand for oil products.
U.S. says India halves Russian oil imports, sources say no cuts seen
Russian oil is a main irritant for Trump in prolonged trade talks with India - half of his 50% tariffs on Indian goods are in retaliation for those purchases.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12

