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Europe

Finland's Neste shares plummet on downbeat biofuel sales margin outlook

Shares of Finland's Neste plummeted after the biofuels producer and oil refiner posted fourth-quarter operating profit below expectations and forecast a lower 2024 renewable products sales margin than last year's.

Czechs close to buying Shell stake in MiRO refinery

Czech oil pipeline operator MERO is in the final stages of talks to buy Shell Deutschland's 32.5% stake in the Mineraloelraffinerie Oberrhein refinery in Karlsruhe.

TotalEnergies no longer sending ships through Red Sea

TotalEnergies has not sent ships through the southern strait leading to the Red Sea and the Suez Canal for several weeks, extending its ships' travel time to Europe, the French oil major said.

Mabanaft successfully conducts scoping meeting for the construction of its planned ammonia import terminal in Hamburg

Hamburg-based energy company Mabanaft successfully completed the scoping meeting in the run-up to the approval procedure for the construction of its planned ammonia import terminal in the Port of Hamburg.

Belgium could pass law targeting export fuel quality in late March

The Belgian government aims to pass a law tightening the quality of exported fuels in the second half of March as it targets a profitable trade of lower-quality gasoline and diesel from Northern Europe to West Africa.

Amelia to power all of their flights from Amsterdam Airport Schiphol with blended Neste MY Sustainable Aviation Fuel

Neste and Amelia, a French regional airline, have closed an agreement for the supply of blended Neste MY Sustainable Aviation Fuel.

Technip Energies Norwegian entity KANFA awarded Carbon Centric’s first carbon capture project in Norway

Technip Energies, through its Norwegian entity KANFA, together with Shell Catalysts & Technologies, has been awarded the EPF contract by Carbon Centric for a carbon capture unit project in Rakkestad, Norway.

Ukraine hits Russia's Volgograd oil refinery in latest drone attack

Two Ukrainian attack drones struck the largest oil refinery in southern Russia in the latest in a series of long-range attacks on Russian oil facilities.

Tecnimont awarded a FEED contract for an integrated green hydrogen and ammonia plant in Portugal

Tecnimont has been awarded a FEED contract by MadoquaPower2X to develop an integrated green hydrogen and green ammonia plant located in the industrial zone of Sines, Portugal.

Lhyfe and SAF+ International Group sign a MoU to produce e-SAF

Lhyfe and SAF+ sign a MoU to combine their expertise to develop the production of e-SAF from green and renewable hydrogen, at a production site located in the Le Havre area.