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Europe

Russia considers altering maintenance schedule at oil refineries

Russian Energy Minister Nikolai Shulginov said that the government and companies are in discussions about changes to the schedule of maintenance at oil refineries to tackle damaged downstream capacity.

DHL Express and Standard Chartered partner to co-invest in SAF

DHL Express has signed a strategic partnership with Standard Chartered for DHL Express's GoGreen Plus service in which the two organizations have agreed to co-invest in SAF.

Global LNG market will 'be tight' until 2026 - TotalEnergies CEO

The global LNG market will be tight until 2026, Patrick Pouyanne, CEO of TotalEnergies, said at a conference in Houston.

Oil prices edge down as Russia lifts supplies, jet fuel demand stirs caution

Oil prices edged down early after gaining in the previous trading session, due in part to the prospect of rising supply from Russia as well as the possibility of slower-than-expected downstream demand in sectors such as jet fuel.

TES partners with 7 large international companies to create a global e-NG coalition

TES has entered into an MOU with other large international companies to sponsor the creation of a global coalition, the e-NG Coalition, which is exclusively dedicated to electric natural gas (e-NG or e-natural gas), also referred to as e-methane.

Belgian government delays export fuel quality legislation

The Belgian government could pass its proposed legislation to tighten the quality of exported fuels as late as June now, missing its previous target of the second half of March 2024.

Italy's Saras reports drop in 2023 core profit of refined products ahead of Vitol's takeover

Saras  reported a 41% fall in its full-year comparable core earnings due partly to weaker profitability of refined products, as global commodity trader Vitol prepares to take over the Italian oil refiner later this year.

The Fly Up: Heathrow launches renewable biofuel breakfast

A first of its kind breakfast at Heathrow, named The Fly Up, which is cooked with oil that is then cleaned and recycled into renewable biofuels, has taken off.

Sanctioned tanker NS Century reaches China port to discharge Russian oil

The oil tanker NS Century, which is under sanction by the U.S., arrived at the Chinese port of Qingdao late to discharge its cargo of Russian crude oil, LSEG shipping data showed.

First carbon capture pilot rig delivered by Compact Membrane Systems

Compact Membrane Systems announced that it has delivered a carbon capture pilot rig to OMV, a leading petrochemical company in Austria.