Refining
Bulgaria restricts fuel exports to EU following Lukoil sanctions
The ban will not apply to the refueling of domestic and foreign ships, aircraft and deliveries to the armed forces of European Union and NATO member states.
Russia-backed sanctioned Indian refiner boosts crude runs to 90%
Oil processing at Nayara's 400,000-bpd western India plant dropped to 70%–80% after the EU sanctioned it in July, denting its exports and leading suppliers such as Iraq and Saudi Arabia to halt crude sales to the company.
Portugal's chemicals sector needs to spend $35 B on decarbonization, industry group says
The sector currently invests an average of around €1 B per year in growth, manufacturing processes, and energy efficiency, but only a portion is targeted at decarbonization.
Slovak refiner Slovnaft says Croatia's Janaf cuts supply of non-Russian crude
Slovnaft, part of Hungary's oil and gas group MOL, mostly processes Russian oil and has an exemption to EU sanctions that allows it to export products derived from those deliveries.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
