Europe
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.
French refineries strike continues despite requisition threat
A strike at TotalEnergies' French refineries has been reconducted across all sites after the government warned it would requisition staff at some petrol depots to secure supplies following weeks-long strikes.
TotalEnergies accelerates refinery wage talks as fuel supply shrinks
TotalEnergies offered to bring forward wage talks, in response to union demands, as it sought to end a strike that has disrupted supplies to almost a third of French petrol stations and led the government to tap strategic reserves.
Europe braces for heavy oil refinery outages amid tight supplies
A heavy oil refinery turnaround season in Europe this autumn, plus French strike action, is set to push diesel prices higher and tighten supplies ahead of a European Union ban on Russian refined products which is due to come into force early next year.
Strike action, outages in France's refined product sector
France's refined products sector is under strain as a result of strike action over pay and unplanned maintenance which have led to more than 40% of its refining capacity being taken offline.
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