Europe
Ukraine imports Indian-origin diesel fuel after loss of key refinery
The loss of Ukrainian oil refineries this summer has forced traders to compensate with imports, purchasing diesel fuel even from India, which imports a significant portion of its crude oil from Russia, an analyst said.
Borealis invests over €100 MM in Austria to expand polymer compounding capabilities
Borealis is strengthening its position as a reliable partner for sustainable, high-performance materials with a major investment at its production location in Schwechat, Austria. The new PP compounding line is expected to begin operations in the second half of 2026.
Ukraine says it attacks Russian refinery at Ryazan, oil depot at Luhansk
Ukraine attacked Russia's Ryazan oil refinery, the commander of its drone forces, Robert Brovdi, said on messaging app Telegram on Friday, as well as an oil depot in the occupied Luhansk region.
Next-generation pyrolysis line drives global chemical recycling of waste plastics
Niutech has announced the successful signing of a product sales contract with a UK-based client. The contract covers a 60,000-tpy industrial continuous waste plastic pyrolysis production line, with a total value of approximately £22 MM.
Study to understand role of ammonia in maritime decarbonization announced
The feasibility study, Project FASTMOVE, is part of a Department of Transport funded initiative, UK SHORE, which aims to drive the shift towards a more sustainable maritime sector, while also supporting economic growth across the UK.
Oil flows to Germany via damaged Druzhba pipeline to normalize
Ukrainian drones struck an oil pumping station in Russia's Tambov region, leading to supply disruption via the Druzhba pipeline last month.
Shell officially scraps plans for 820,000-tpy biofuels facility in Rotterdam
Shell will not resume construction of a biofuels facility at its Shell Energy and Chemicals Park in Rotterdam after an in-depth evaluation found it would not be competitive, the company said.
Europe distillates-diesel profit margins rise 5.7% on refinery maintenance
European diesel refinery profit margins rose by 5.7% on Tuesday, supported by upcoming maintenance at the region's largest oil refinery.
Construction to begin on multi-billion-dollar polyethylene plant in Kazakhstan
The main construction work at the polymerization unit of the future polyethylene production plant (a joint project of KazMunayGas, SIBUR and Sinopec) in Kazakhstan will begin in October 2025, KazMunayGas said.
West hits ‘peak sanctions’ on Russia’s energy sector
The complex web of Western sanctions targeting Russia’s oil and gas industry has failed to impede Moscow’s energy flows or its war effort, suggesting that time and overuse are blunting the force of U.S. and European financial weapons.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
