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Europe

Germany's Habeck: Poland committed to crude supply in case of Schwedt nationalization

German Economy Minister Robert Habeck said in Warsaw that Poland has given reassurances that it will continue to provide the Schwedt refinery with crude oil in the event that Germany nationalizes Rosneft's German activities.

Oil little changed as demand concerns offset Middle East tensions

Oil futures were little changed as rising concerns about global demand caused the market to take a break after prices jumped about 6% last week on worries that Middle East tensions could cause supply problems.

Repsol achieves certification to trade SAF within RSB’s book and claim system

Repsol has received certification by the Roundtable on Sustainable Biomaterials (RSB), giving the company access to sell its SAF within the RSB Book & Claim System.

BASF to divest shares in its two JVs in Korla, China

As part of BASF’s global strategy for 1,4-butanediol (BDO), BASF has assessed the market environment and product carbon footprints of BDO and its downstream products from different production sites worldwide.

Ukrainian drones attack two oil refineries in southern Russia

Ukrainian drones attacked two oil refineries in southern Russia's Krasnodar region, causing a large fire at the Ilsky refinery during operations conducted by the SBU security service.

LLumin and eschbach partner for integrated team communications in enterprise asset management and plant maintenance

LLumin and eschbach announce their partnership to deliver the first rules-based, action-triggering, bi-directional communicating CMMS solution that seamlessly integrates with Shiftconnector, a comprehensive plant process management solutions for process manufacturers.

Finland's Neste shares plummet on downbeat biofuel sales margin outlook

Shares of Finland's Neste plummeted after the biofuels producer and oil refiner posted fourth-quarter operating profit below expectations and forecast a lower 2024 renewable products sales margin than last year's.

Czechs close to buying Shell stake in MiRO refinery

Czech oil pipeline operator MERO is in the final stages of talks to buy Shell Deutschland's 32.5% stake in the Mineraloelraffinerie Oberrhein refinery in Karlsruhe.

TotalEnergies no longer sending ships through Red Sea

TotalEnergies has not sent ships through the southern strait leading to the Red Sea and the Suez Canal for several weeks, extending its ships' travel time to Europe, the French oil major said.

Mabanaft successfully conducts scoping meeting for the construction of its planned ammonia import terminal in Hamburg

Hamburg-based energy company Mabanaft successfully completed the scoping meeting in the run-up to the approval procedure for the construction of its planned ammonia import terminal in the Port of Hamburg.