Europe
Russia prepared to divert oil to India as Middle East conflict disrupts flows
India is vulnerable to supply shocks, with crude stocks covering only about 25 days of demand, while refiners hold similarly limited inventories of gasoil, gasoline and liquefied petroleum gas.
SES Energy acquires CIU and corrosion monitoring divisions from ICR
This acquisition represents the first step in SES Energy’s growth plan under new ownership, reflecting the company’s commitment to expanding its technical expertise and extending its reach into new international markets.
S3 sets a new benchmark for European onshore and transition seismic in landmark CCS survey
Over the coming years, the project will assess the potential to establish a full-scale onshore CO₂ storage facility across an area of approximately 500 km², with the ambition of becoming operational as early as 2030.
Russia's seaborne diesel exports drop 21% in February m/m
Ultra-low-sulfur diesel shipments from the Baltic port of Primorsk, Russia’s biggest outlet for diesel exports, fell last month to 1.563 million tons from a record 2.256 million tons in January, as severe frosts and ice in the Baltic Sea triggered ice-class tanker shortage.
Druzhba pipeline carried Ukrainian and Russian oil before January attack
Oil shipments to Hungary and Slovakia through the pipeline primarily operated by Russia have been suspended since January 27 following what Kyiv says was a Russian attack on pumping installations in western Ukraine, prompting a dispute within the European Union and efforts by Hungary to block new sanctions on Russia.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- 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
