Europe
HyOrc commences fabrication for Porto waste-to-methanol plant and advances European project pipeline
Kremlin sees no risk to fuel supply in Russia amid attacks on refineries
Ukraine has stepped up drone attacks on Russia's energy infrastructure, doubling the number of oil refineries targeted since the start of the year.
UK defers import ban on diesel, jet fuel derived from Russian crude
The decision was criticized by lawmakers in Britain and Ukraine who accused the government of easing pressure on Russia and backtracking on promises to stop Moscow profiting from oil production to fund its war with Ukraine.
Premiums for Russian ESPO Blend oil weaken on poor Chinese refining margins
China and India represent the two biggest markets for Moscow, and the price moves are capping its revenues.
Iran, Ukraine wars deliver worst hit in years to oil refining output
Tightened supply has forced refiners, traders and retailers to tap crude and fuel inventories to meet demand.
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Construction Boxscore: Project Spotlight
Project:
Long Son Petrochemicals Complex
Location:
Long Son, Vietnam
Operator:
Siam Cement Group
Cost:
$5.4 B
Capacity:
1.65 MMtpy
Completion date:
2023
Status:
Under Construction
