Europe

Digital Feature: FuelEU: A growth opportunity for U.S. Midwest ethanol producers

ExxonMobil to sell French subsidiary Esso to Canadian energy group

ExxonMobil France Holding has entered into exclusive negotiations with North Atlantic France SAS for both the proposed sale of its 82.89% majority shareholder interest in Esso Société Anonyme Française SA as well as the proposed sale of ExxonMobil Chemical France SAS. 

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.