Europe
UPM cancels second Rotterdam biomass-to-fuels refinery
UPM plans to discontinue the development of its potential second biomass-to-fuels refinery at the Port of Rotterdam. UPM plans to halt all engineering work related to the CAPEX investment and withdraw from all site-related commitments associated with the Rotterdam investment
Slovak refiner will continue supplies to Czech Republic after sanctions waiver ends
Slovak refinery Slovnaft has secured alternative crude supplies to maintain diesel exports to the Czech market after the June 5 expiry of an EU exemption that allowed it to export products derived from Russian oil.
Uniper, thyssenkrupp Uhde partner to build large-scale ammonia cracker in Germany
thyssenkrupp Uhde and Uniper are entering into a strategic partnership to bring a key technology for global hydrogen trading to industrial maturity: the large-scale ammonia cracker. In a first step, a demonstration plant with a capacity of 28 tpd ammonia will be built at Uniper’s Gelsenkirchen-Scholven site in Germany.
Indian refiner Reliance's April Russian oil imports up 55% m/m
India's Reliance Industries, operator of the world's biggest refining complex, shipped in about 826,000 bpd of Russian oil in April, up nearly 55% from the previous month.
Eni in talks with GIP for sale of 49.99% of carbon capture unit
Eni has entered exclusive talks to sell a 49.99% stake in its carbon capture, utilization and storage (CCUS) business to BlackRock's infrastructure fund GIP.
SOCAR, Gunvor, Bin Butti to bid for refiner Italiana Petroli
State Oil Company of Azerbaijan (SOCAR), global commodity trader Gunvor and Abu Dhabi-based Bin Butti Group are expected to submit binding offers for Italian oil refiner Italiana Petroli (IP) next week.
SIBUR-Sinopec's Amur GCC expects to produce first polyethylene in Q3 2026
The Amur Gas Chemical Complex (AGCC), which is 60% owned by Russian petrochemical group SIBUR and 40% by China's Sinopec, expects to produce its first polyethylene in the third quarter of 2026.
HyCC announces H2Next green hydrogen project in Rotterdam
HyCC is developing a large-scale electrolyzer in Rotterdam, named H2Next, to support the decarbonization of industry. The announcement was made during the World Hydrogen Summit in Rotterdam.
Gulf Energy Information’s Lee Nichols recognized with prestigious G. D. Crain Jr. Award
Lee Nichols, Vice President of Content for Gulf Energy Information of Houston, Texas (U.S.) and London, England has been named the 2025 winner of the prestigious G.D. Crain Jr. Award, the highest recognition for editorial in business-to-business media.
ClassNK releases report ‘ClassNK Alternative Fuels Insight (Version 3.0): Providing new information on cost simulations reflecting approval at MEPC 83
This report provides updated information on cost simulations reflecting the IMO’s mid-term GHG reduction measures approved at the 83rd session of the Marine Environment Protection Committee (MEPC 83) held in April 2025.

- AVTL to develop ammonia terminal in Pipavav, India 6/20
- Chevron seeks buyers for 50% stake in Singapore refinery 6/20
- Asian refiners seek more Mideast oil after spot premiums jump on Israel-Iran conflict 6/20
- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
- Italy's Eni eyes new unit to manage oil refineries 6/20
- Inatech's Techoil implemented by Flint Hills Resources for a modern, integrated future 6/20