Europe
IEA: Middle East oil disruptions set to hit Europe in April
More than 12 MMbbl of oil have been lost since the start of the U.S.-Israel war on Iran due to Tehran's attacks on energy assets in the region and restrictions on shipping through the Strait of Hormuz.
Czech government agrees to release 100,000 tonnes of crude from reserves
The Czech government agreed on Monday to release 100,000 tonnes of crude oil from state reserves as a loan to Orlen's Czech refining operations.
South Korea's LG Chem to import Russian naphtha
The country's Industry Ministry had earlier confirmed the shipment, including its size, but did not disclose the importing company's name.
TotalEnergies, EDF sign long‑term partnership for low‑carbon electricity supply for TotalEnergies’ France refining and chemicals sites
Under this agreement, EDF will allocate to TotalEnergies a share of the output of its operating nuclear fleet.
Russia's vast Kirishi oil refinery halts operations after drone attacks
The stoppage is set to exacerbate Russia's oil supply challenges as around 40% of its crude oil exporting capacity has already been shut as a result of drone attacks, seizures of tankers and the Druzhba pipeline closure on the territory of Ukraine.
- 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
