Europe
Neste, Brightlands Venture Partners, 4 Impact VC and Asahi Kasei invests EUR 11 MM into startup Circularise
Neste, Brightlands Venture Partners, 4 Impact VC and Asahi Kasei announce a combined EUR 11 MM investment into Netherlands-based startup Circularise.
Poland's PKN Orlen applied for 3 MMt of Russian oil via Druzhba for 2023
Polish oil refiner PKN Orlen has submitted an application to the Russian oil pipeline monopoly Transneft for the supply of 3 MMt of oil to Poland through the Druzhba pipeline system in 2023 under continuing long-term contracts.
bp workers at Rotterdam refinery start work-to-rule action
Workers at the BP refinery in Rotterdam began work-to-rule industrial action on Monday after the noon expiry of a union deadline for a new pay agreement, a union spokesman said.
Exxon's French Fos-Sur-Mer oil refinery to restart by end of week
The restart of Exxon Mobil's 140,000-bpd Fos-Sur-Mer oil refinery in France should be completed by the end of the week, a company spokesperson told Reuters in an emailed statement on Wednesday.
Italy issues 'comfort letter' to stave off Lukoil refinery's shutdown
Italian authorities have provided Lukoil with a "comfort letter" to help a refinery it owns in Sicily get bank financing to buy non-Russian oil and remain operational.
French refinery strikes continue at two sites
The strike at the TotalEnergies' Gonfreville and Feyzin refineries have been renewed on Monday.
Strike ends at one of TotalEnergies's French refineries
Workers voted to end a strike at TotalEnergies' Donges refinery on Wednesday, bolstering the government's hopes the supply situation at petrol stations around the country will rapidly improve.
ExxonMobil says French refineries could take 2-3 weeks to fully restart
ExxonMobil's 140,000 bpd fos-Sur-Mer and 240,000 bpd Port Jerome-Gravenchon oil refineries in France could take 2-3 weeks to fully restart after shutdowns caused by strikes.
Diesel’s gloomy message for the global economy
Global shortages of middle distillates such as diesel, gas oil and heating oil are intensifying rather than easing – making it more likely a relatively severe slowdown in the business cycle will be necessary to rebalance the market.
French refinery strikes risk spiraling into bigger crisis for Macron
France's refinery strikes are emboldening hardline unions and the political opposition hoping to ignite a broader movement that could threaten President Emmanuel Macron's reform agenda.
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- Mexican authorities discover clandestine mini-refinery in crackdown of illegal hydrocarbon trade 6/20
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