Europe

BASF to further strengthen Global Business Services through global hub setup

Rosneft oil refinery in Germany warns of risks from U.S. sanctions

In a January letter, management of the PCK Schwedt refinery, controlled by Rosneft, made an "urgent appeal" to economy and energy minister Katherina Reiche to resolve a standoff with the United States over the refinery's future.

TotalEnergies takes over Zeeland refinery operations, Lukoil still owns 45%

Under the deal, Total supplies all the crude, pays for operations and takes all of the refinery’s output.

Workers at TotalEnergies' La Mede refinery seek redress for benzene exposure

Energy companies are increasingly facing litigation from workers exposed to benzene and other chemicals deemed to be harmful to health, with courts in some jurisdictions awarding high amounts to injured parties.

Fertiglobe, Covestro and TA’ZIZ sign MoU to explore strategic ammonia collaboration

Indian refiners avoid Russian oil in push for U.S. trade deal

The U.S. and India moved closer to a trade pact on Friday, announcing a framework for a deal they hope to conclude by March that would lower tariffs and deepen economic cooperation.

UAE and Germany deepen energy ties as German Chancellor visits ADNOC HQ

The visit builds on the €14.7-B investment to support Covestro’s long-term growth as a German industrial champion by XRG, ADNOC’s international energy investment company, and underscores ADNOC’s central role in advancing the UAE-Germany strategic energy partnership.

EU proposes service ban for Russian oil exports in new sanctions package

Russia exports over a third of its oil in Western tankers - mostly to India and China - with the use of Western shipping services.

About 2 MMbbls of Venezuelan oil being shipped to Spain's Repsol for refining

India exports first fuel to Europe since ban on Russian crude-derived products