Europe

West hits ‘peak sanctions’ on Russia’s energy sector

The complex web of Western sanctions targeting Russia’s oil and gas industry has failed to impede Moscow’s energy flows or its war effort, suggesting that time and overuse are blunting the force of U.S. and European financial weapons.

Shell to begin maintenance shutdown at Pernis oil refinery from mid-September

Shell plans to begin a major shutdown for maintenance at its 404,000-bpd Pernis oil refinery in Rotterdam from mid-September.

Bondalti Chemicals starts operation of chlor-alkali plant in Portugal with Asahi Kasei’s electrolyzer system

Constructed by German engineering company CAC Engineering and using Asahi Kasei’s state-of-the-art chloralkali electrolysis technology, the improved plant will also be utilized for further reducing power consumption and optimizing the use of materials in the chlor-alkali industry.

India's ONGC to keep buying Russian oil if prices economical

Indian explorer Oil and Natural Gas Corporation said its refining units will continue to buy Russian oil if available at economical prices.

Europe distillates-diesel profit margins hold steady

Orlen signs 1-yr deal with Equinor for supply of 15% oil it uses

Under the 1-yr contract, oil will be delivered from the Norwegian port of Mongstad starting next month. Shipments may be directed to refineries in Poland as well as to Lithuania and the Czech Republic.

Novatek partially resumed processing at Ust-Luga complex

One of the three units at the complex was relaunched at full capacity on August 26.

Russia's idle oil refining capacity record high after Ukrainian drone attacks

Damage from Ukrainian drone attacks and extensive planned maintenance have sent Russia's offline oil refining capacity to a record high in August, though working sites are likely to spur output to help mitigate the impact.

DG Fuels advances plans to create EU-compliant E-SAF market supply

Two independent third-party consultant reports have confirmed that the modified DGF system will produce high-value E-SAF in compliance with existing EU guidance.

First of five pyrolysis reactors delivered to the tire recycling plant in Uddevalla

The delivery and installation of the reactors have now commenced as planned at the tire recycling plant, based on Enviro’s pyrolysis technology, being built by Enviro outside Uddevalla.