Economics
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.
EU proposes service ban for Russian oil exports in new sanctions package
Russia exports over a third of its oil in Western tankers - mostly to India and China - with the use of Western shipping services.
Mexico seeking way to send fuel to Cuba without being hit by U.S. tariffs
The sources said high-level Mexican officials have been talking to U.S. counterparts in order to gain clarity on the scope of the tariff threat outlined by President Donald Trump in an executive order and see whether there was a way to deliver the much-needed fuel.
India's Russian oil imports down in January amid trade talks with U.S.
On Monday, U.S. President Donald Trump announced a trade deal with India to cut tariffs to 18% from 50% in exchange for New Delhi halting Russian oil purchases and lowering trade barriers.
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- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
