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Europe

The Dunkirk regasification plant received its first LNG carrier

The regasification plant in Dunkirk (France) received its first LNG carrier, initiating the installation’s commissioning phase.

Britain could import as much as 93% of its gas by 2040

Britain could be forced to rely on other countries for 93% of its gas supplies by 2040 if there is weak economic growth and not enough money made available to support domestic gas production.

EIA: China diesel exports grow as refining industry, economy change

China is reforming its refining sector by liberalizing import and export restrictions on crude oil and petroleum products, allowing for increased competition in the domestic transportation fuels market.

GlobalData: Planned projects poised to raise global propylene capacity levels

China and the US are the primary drivers for expanded global capacity that is estimated to increase to almost 130 MMtpy by 2020.

French diesel stocks shrink as strikes continue

Stranded tankers and significantly reduced production are crippling France’s refining industry.

Gazprom sees record 2016 gas exports to Europe

Russia's Gazprom plans to export a record 165 Bcm of gas to Europe this year, as falling gas prices have made its gas more attractive to European consumers.

France uses strategic oil reserves to counter refinery blockade

Unions protesting against a planned labor reform are picketing refineries around France, and the disruption has led to fuel shortages in large parts of the country.

French strike impacts output at several refineries

France's Socialist government drew battle lines with one of the country's biggest trade unions over labor market reforms as a strike by oil workers forced at least five refineries to halt or slow down operations.

Shell CEO warns on hasty renewables shift

Major investors, including Dutch pension fund PGGM, have criticized Shell's climate change policy in recent months, saying it should do more to mitigate climate change risks.

French union calls for widespread shutdown of refineries by workers

The vote, aimed at pressuring the socialist government of President Francoise Hollande to withdraw a labor reform bill which the unions consider as unfavorable to workers, could stoke concerns over refined products supply in France.