Europe
Moeve and Galp negotiating to combine downstream activities to form leading European energy and mobility platforms
Russia's diesel exports jump 40% in December on higher fuel output
Russia's seaborne diesel and gasoil exports surged by nearly 40% in December from November to about 3.41 MM tonnes (t), driven by higher fuel production and a seasonal drop in domestic demand.
Maersk explores more ethanol use for green fuel to cut reliance on China
The shipping sector is facing more difficulty than most in lowering emissions, requiring costly retrofits on existing vessels or new ships that can operate on e-fuels.
Serbia's Russian-owned NIS refiner buys first crude since U.S. sanctions waiver
Washington imposed sanctions on NIS in October as part of broader measures targeting Russia's energy sector over Moscow's war in Ukraine.
Norway zips ahead in EV race as car sales hit 96% electric
Oil-producing Norway's rapid switch to battery-powered vehicles contrasts with the rest of Europe, where weak demand for EVs prompted the European Union last month to reverse its planned 2035 ban on internal combustion engine cars.
India's January Russian oil imports may fall sharply as Reliance expects no deliveries
India emerged as the biggest buyer of discounted Russian seaborne crude following the start of the Ukraine war in 2022. The purchases have fueled a backlash from Western nations.
- Transitional Industries and CFEnergia sign feedstock supply contract for $3.3-B Pacifico Mexinol project 2/17
- Neste and World Fuel Services extend partnership, expanding SAF availability at more than 100 airports in Europe 2/17
- U.S. refined product exports by tanker increase to > 6.3 MMbpd in January 2/17
- Japan's oil and gas independence climbs to highest since 2009 2/17
- Dangote signs $400-MM equipment deal with China's XCMG to speed up refinery expansion 2/17
- Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure 2/17
