Europe

Druzhba pipeline carried Ukrainian and Russian oil before January attack

Oil shipments to Hungary and Slovakia through the pipeline primarily operated by Russia have been suspended since January 27 following what Kyiv says was a Russian attack on pumping installations in western Ukraine, prompting a dispute within the European Union and efforts by Hungary to block new sanctions on Russia.

Air bp signs agreement with Airbus for aviation services and fuel supply in Europe

Turkey Wealth Fund in talks for a potential $10-B petrochemical complex

Hungary's Orban asks EU to go verify Druzhba pipeline damage

Hungary this week blocked new sanctions on Russia and the loan to Ukraine, in response to the stoppage of oil flows through Druzhba.

Romanian largest refinery to shut down in March for scheduled turnaround

Global diesel flows further reshuffle on EU sanctions, discounted Russian exports

ETFuels secures €118.6-MM Finnish Clean Transition Tax Credit for Ranua e-methanol project

Croatia assessing legality of importing Russian oil, EU says

Croatia is assessing whether it can lawfully import seaborne Russian crude oil to supply to Hungary and Slovakia after the Druzhba pipeline supplying them via Ukraine was damaged.

Clariant achieves EU Commission approval for renewable rice bran wax additives in food-contact plastics

This authorization, published in the (EU) 2026/245 amending Annex I to Regulation (EU) No 10/2011 on February 2, 2026 positions Clariant's Licocare RBW product line as a sustainable and compliant solution for applications intended to come into contact with food across the European plastics industry.

UK targets Russia's Transneft in new sanctions on Ukraine war anniversary

The West has imposed tens of thousands of sanctions on Russia, including its oil sector, but has failed to bring Russian oil exports down by any significant amount. China, India and Turkey still buy Russian oil.