Europe
Iran sends 1 MMbbl of oil to Austria's OMV in spot delivery
Austria's OMV received 1 MMbbl of crude oil from Iran which will be delivered to its two refineries in Austria and Romania.
Peugeot and Citroën accept HVO-type renewable diesel
Peugeot and Citroën have accepted the use of fully fossil-free, HVO-type renewable diesel in passenger cars and vans.
Russia's Lukoil plays down plans to sell refineries in Europe
Russia's second-biggest oil producer, Lukoil, played down the possibility of selling its oil refineries in Europe as margins improved.
Shell starts new aromatics unit at Pernis refinery in the Netherlands
Shell Pernis started a new aromatics unit at the large Pernis refinery in Rotterdam, the Netherlands.
Irving Oil finalizes purchase of Whitegate refinery from Phillips 66
Irving Oil has finalized its purchase and sale agreement with Houston-based energy, manufacturing and logistics company Phillips 66 to acquire the Whitegate refinery located near Cork, Ireland.
Shell signs agreement to sell Denmark refining business
Shell has reached an agreement with Dansk Olieselskab for the sale of Dansk Shell in Denmark, which consists of the 70 Mbpd Fredericia refinery and local trading and supply activities, for approximately $80 MM.
MOL Group included in the Dow Jones Sustainability Index
MOL Group has once again been part of the Dow Jones Sustainability World Index, placing the company in the top 15% of integrated oil and gas companies based on its corporate sustainability performance.
INEOS Oligomers plans to build a new PAO plant
INEOS Oligomers will significantly grow its low viscosity polyalphaolefin (PAO) business. Investment by the business will significantly increase the supply of low viscosity PAO to a growing market.
BP unveils low-carbon and carbon neutral PTA solution
BP has launched a new low carbon and carbon neutral PTA brand with three products that offers a more sustainable solution for the polyester value chain.
Total shuts some units at Gonfreville refinery following incident
French oil and gas company Total has shut down some units at its 247 Mbpd Gonfreville refinery in northern France following a technical incident.
- South Korea approves nearly $1.4-B petrochemical restructuring deal as supply glut weighs 2/25
- Romanian largest refinery to shut down in March for scheduled turnaround 2/25
- Malaysia's Prefchem cuts refinery output after shutting gasoline unit 2/25
- U.S. Chemical Safety Board faults Pemex in 2024 Deer Park refinery's fatal accident 2/25
- Global diesel flows further reshuffle on EU sanctions, discounted Russian exports 2/25
- RFOcean secures first long-term e-methanol supply from ETFuels, driven by FuelEU 2/25
