Europe
Italy's Ludoil buys Sicilian refinery as war squeezes Europe's fuel supply
The Iran war has laid bare Europe's dependency on the Middle East for the supply of jet fuel and other refined products.
Ketjen partners with Imubit to introduce real-time catalyst intelligence for refinery operations
The partnership combines Ketjen’s catalyst expertise including proprietary models, laboratory data and technical analysis with Imubit’s closed-loop, real-time digital platform.
Russia revises down oil and gas production and exports forecasts for 2026–2029
Russia has faced challenges to its oil and gas industry, including western sanctions and Ukrainian drone attacks on its energy infrastructure which led to oil output decline in early April.
Israel to transfer jet fuel to Germany following Hormuz crisis
Concerns about a jet fuel supply crunch due to the war in Iran disrupting Middle East supplies have been growing in Europe, particularly as the peak summer travel season nears.
Equinor: Iran war lifts Asia-Pacific interest for Norwegian petroleum products, LNG
The conflict has effectively closed the Strait of Hormuz, a choke point for energy exports from producers in the Gulf, especially affecting clients in Asia.
- Consortium launches study to create a consolidated hub for recycled plastics 5/22
- Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia 5/22
- Breakthrough shows how electricity could replace heat to turn CO₂ into useful chemicals 5/22
- bp's Whiting Refinery offers revised proposal to union in ongoing talks 5/22
- Plains oil pipeline partly shut down after rupture in East Los Angeles (U.S.), could disrupt supplies to refineries 5/22
- Vitol moves to open Mexico fuel terminal years after bribery scandal 5/22
