Europe
Greenpeace challenging UK's new North Sea oil and gas licenses
Britain's decision to authorize new licenses for oil and gas exploration in the North Sea came under scrutiny at London's High Court, as Greenpeace argued the government failed to assess emissions produced by burning extracted fuel.
Russia may limit number of oil product exporters
Russia is considering limiting the number of companies allowed to export oil products in a bid to curb illegal exports of fuel intended for the domestic market, the Energy Ministry said.
G20 bloc fails to reach agreement on cutting fossil fuels
The Group of 20 (G20) major economies meeting in India failed to reach consensus on phasing down fossil fuels following objections by some producer nations.
ECARU, Qalaa Holdings, and Axens to study second-gen biofuel and SAF production project
ECARU, Qalaa Holdings, and Axens, signed a cooperation protocol to carry out technical and economic studies for a project of second-generation biofuel and SAF production.
Russia is not ruling out quotas on fuel exports, deputy PM says
Russia is not ruling out introducing quotas on the export of oil products to stabilize gasoline prices, Russian Deputy Prime Minister Alexander Novak said, according to state media, as gasoline wholesale prices hit an all-time high.
Aramco completes $3.4 B purchase of Rongsheng Petrochemical stake
Aramco has successfully closed a landmark transaction to acquire a 10% interest in Rongsheng Petrochemical Co. Ltd. for $3.4 B through its subsidiary Aramco Overseas Company BV, based in the Netherlands.
Gazprom Neft's vessels to use biofuel produced from waste cooking oil
Russia's successor to McDonald's has teamed up with energy company Gazprom Neft to fuel marine vessels with biofuel produced using waste cooking oil an effort to lower their carbon footprints.
China's June fuel oil imports at year-to-date high on firm Russian volumes
China's June fuel oil imports hit the highest level for a month so far in 2023, buoyed by firm purchases of Russian oil, data from the General Administration of Customs showed.
Full output resumes at Norway's Mongstad oil refinery
Full output has resumed at the Mongstad oil refinery in Norway, operator Equinor said, following a partial outage on July 12 due to a lightning strike near the plant.
Iraq's massive Total oil deal heralds new revenue-sharing formula
Iraq secured its $27-B oil deal with France's TotalEnergies by offering quicker, less risky payback through greater revenue-sharing, a model it could replicate in the future to lure investors.
- U.S. EIA forecasts new export licensing requirements will reduce U.S. ethane exports 6/18
- Nigeria to export first gasoline cargo to Asia from Dangote refinery 6/18
- Indian refiners cancel palm oil orders for July-September as prices surge 6/18
- U.S. set to object to green jet fuel recommendation at UN aviation council 6/18
- Phoenix Contact introduces intrinsic safety versions of the MINI Analog Pro Ex conditioners for hazardous areas 6/18
- EIA: U.S. crude inventories fall by most in a year, fuel stocks build 6/18
