Europe

China's epic renewables boom lifts it into rare clean capacity club

With 73 GW more clean capacity than fossil fuel capacity in use, China now has 51% of its power fleet drawing from clean sources and joins the ranks of Brazil, France and Germany as major economies powered mainly by clean energy sources.

TotalEnergies booked loss in France due to refining activities, CEO says

French oil major TotalEnergies did not pay corporate tax in France last year because its operations in the country led to a loss of between €200 MM ($237.22 MM) and €300 MM.

Slovakia says Druzhba oil supplies interrupted, expected to resume in coming days

The economy ministry said the interruption did not affect Slovakia's energy security and gave no further details on the length of the expected suspension of flows.

Russia to send crude oil and fuel to Cuba soon, Izvestia reports

Cuba is grappling with fuel shortages after the U.S. moved to choke off its oil supplies. The communist-run island has warned international airlines that jet fuel will no longer be available, the latest sign of fast-worsening conditions.

BASF to further strengthen Global Business Services through global hub setup

Rosneft oil refinery in Germany warns of risks from U.S. sanctions

In a January letter, management of the PCK Schwedt refinery, controlled by Rosneft, made an "urgent appeal" to economy and energy minister Katherina Reiche to resolve a standoff with the United States over the refinery's future.

TotalEnergies takes over Zeeland refinery operations, Lukoil still owns 45%

Under the deal, Total supplies all the crude, pays for operations and takes all of the refinery’s output.

Workers at TotalEnergies' La Mede refinery seek redress for benzene exposure

Energy companies are increasingly facing litigation from workers exposed to benzene and other chemicals deemed to be harmful to health, with courts in some jurisdictions awarding high amounts to injured parties.

Fertiglobe, Covestro and TA’ZIZ sign MoU to explore strategic ammonia collaboration

Indian refiners avoid Russian oil in push for U.S. trade deal

The U.S. and India moved closer to a trade pact on Friday, announcing a framework for a deal they hope to conclude by March that would lower tariffs and deepen economic cooperation.