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Europe

Slovakia will halt diesel supplies to Ukraine unless oil transit restored, PM says

Slovak Prime Minister Robert Fico said on Monday his country would halt diesel supplies to Ukraine if Kyiv fails to restore oil flows from Russian group Lukoil through its territory.

Cepsa swings back to profit in 2Q on higher prices, wider refinery margins

Spain's second largest oil company Cepsa said on Monday it returned to profit in the second quarter thanks to higher oil and gas prices, lower costs and wider refining margins.

Italy's Saipem sees business opportunities in green ammonia

Italian energy contractor Saipem, which has traditionally focused on oil and gas contracts, sees business opportunities arising in low-carbon areas including green ammonia.

European refiners' golden era draws to end as demand sags

European oil refiners TotalEnergies and Neste warned of further weakness in profit margins amid sagging demand, signaling an end to a brief era of stellar profits that followed Russia's invasion of Ukraine.

German government signs off on hydrogen import strategy

Germany's government adopted a strategy for the import of hydrogen to help secure sustainable energy supply as it embarks on creating fossil fuel alternatives for large parts of its industry.

Boeing to test Firefly Green Fuels' sewage waste to SAF technology

The companies will help in testing and advancing Firefly Green Fuels’ cutting-edge technology to increase sustainable aviation fuel (SAF) production in the UK.

DNV completes CCS guidance documents to streamline CO2 storage in the European Economic Area

DNV has successfully supported the European Commission’s update of four non-binding guidance documents on geological carbon storage under the Carbon Capture and Storage Directive. This update aims to streamline permitting procedures and support sustainable CO2 storage solutions in the European Economic Area.

BASF achieves ISCC+ certification across all its global major production sites for acrylics, alcohols, glycol ethers and acetates

BASF achieves ISCC+ certification across all its global major production sites for acrylics, alcohols, glycol ethers and acetates. With this step, BASF is now able to produce more than 60 products related to this portfolio with one or more sustainability attributes.

EU to set tariffs on Chinese biodiesel in anti-dumping probe

The European Union (EU) is set to impose provisional duties on Chinese biodiesel after finding it is being sold in EU markets at unfairly low prices, in the latest in a string of trade cases against China.

PepsiCo Europe and Yara partner to decarbonize crop production

PepsiCo Europe and Yara have announced a long-term partnership in Europe aimed at providing farmers with crop nutrition programs to help decarbonize the food value chain.