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Europe

ADNOC Acquires 24.9% Stake in OMV

Abu Dhabi National Oil Company (ADNOC) and Mubadala announced a transaction involving OMV, a global energy and chemicals group, headquartered and listed in Vienna, Austria.

India to remain top buyer of Russia's Urals crude in December

India is taking most of Russia's Urals crude oil loading in December as it remains top buyer for a second month in a row, according to traders and Refinitiv data.

Russia replaces Iraq as top oil supplier to India in November

Russia has for the first time emerged as top oil supplier to India replacing Iraq as refiners last month snapped up oil from Moscow fearing a price cap from Dec. 5 could hit supplies and choke payment avenues, data obtained from trade sources showed.

TotalEnergies decides to withdraw its directors from Novatek

Further to its principles of conduct defined for its activities in relation to Russia, published on March 22, 2022, TotalEnergies has gradually started to withdraw from its Russian assets while ensuring that it continues to supply gas to Europe.

Lukoil's Romanian refinery has alternative crude supplies

Romania's Petrotel Lukoil refinery, owned by Russia's Lukoil has found alternative fuel supplies and its petrol stations will not be affected by a ban on Russian imports, Energy Minister Virgil Popescu said on Monday.

Technip Energies wins contract for SAF production at TotalEnergies Grandpuits Zero-Crude platform

Technip Energies has been awarded a contract by TotalEnergies for the production of Sustainable Aviation Fuels at Grandpuits platform in France.

Maire Tecnimont wins €80 MM EPCM refining contract in Greece

Maire Tecnimont announced that its subsidiary KT – Kinetics Technology has been awarded an EPCM contract by Motor Oil Hellas for a new C3 splitter unit to be implemented inside the Corinth Refinery.

Sponsored Content: How do we deliver energy to a world that cannot stop?

In over 85 years, Aramco has never missed a shipment to a customer for operational reasons. One of the main factors behind this extraordinary level of consistency and reliability is our Oil Supply Planning and Scheduling system (OSPAS), which ensures that every part of our supply network works like a well-oiled machine, 24/7.

Italy considers asking for EU embargo waiver to save Lukoil refinery

Italy is considering several options to save a Lukoil-owned refinery in Sicily, including asking the European Union for a temporary waiver on upcoming sanctions on Russian oil.

Lukoil urged to keep Sicilian refinery running as talks drag on

The plant has had to rely solely on Russian oil provided by Lukoil after its creditor banks halted financing and stopped providing guarantees needed to buy oil from alternative suppliers.