Europe
Repsol plans to boost jet fuel output as Iran war disrupts global supply
The company expects to produce between 560,000 and 570,000 barrels of oil equivalent per day (boed) in 2026, which could increase, depending on improvement in Venezuela.
Europe's jet fuel imports from Middle East stop, raising supply crunch fears
European countries that are part of the Organization for Economic Co-operation and Development grouping of industrialized nations consume about 1.6 MMbpd of jet fuel and kerosene, while regional refineries produce only around 1.1 MMbpd, leaving a shortfall of at least 500,000 bpd that imports must cover.
Phillips 66 Limited completes acquisition of Lindsey Oil Refinery assets
The transaction comes after the company previously agreed to the deal in January, stating its intention to integrate key assets into its Humber Refinery operations.
Russian ESPO premiums ease on weak Chinese refining margins
Spot premiums for Russia's Far East ESPO Blend crude oil delivered to China in June have eased as weak refining margins curbed demand from independent refiners.
Fire brought under control at Russia's Tuapse oil terminal
Ukraine has increased attacks on Russia's energy infrastructure as the U.S., which had brokered peace talks to stop the conflict with Russia, has shifted its focus to the war in Iran.
South Africa's Sasol aims for green jet fuel exports to EU
Sasol's SAF which is produced using cooking oil and vegetable oil at the company's 108,500-bpd Natref plant, was granted ISCC Plus sustainability certification from Germany's TUV SUD agency.
- Lummus Technology selected for major ethanol-to-jet SAF project in India 5/1
- INEOS sells sulfur dioxide and derivatives business to Ecovyst for $190 MM 5/1
- Perpetual Next selects JPB Logistics as storage partner for Dutch biomethanol facility 5/1
- Trump signs order authorizing oil pipeline project partially reviving Keystone XL 5/1
- Asia-Pacific ports advance cross-sector hydrogen and eFuel readiness 4/30
- THUNDER project launches to advance carbon-neutral eMethanol production in Europe 4/30

