Europe
Croatia must allow Russian oil flows to Hungary and Slovakia, MOL says
MOL has contracted more oil by tankers from various countries, including Russia, to a Croatian port, and both countries are looking to tap emergency crude reserves.
U.S. demands on Europe in the field of energy
This week U.S. Energy Secretary Chris Wright gave the Paris-based International Energy Agency a one-year deadline to abandon its support of goals to reduce planet-warming gas emissions to "net zero" by 2050 or risk losing the United States as a member.
EU allows Berlin to take long-term control of Rosneft's German assets
The assets, which include stakes in the PCK Schwedt, MiRo and Bayernoil refineries, were placed in the German government's trusteeship in 2022 after Moscow's invasion of Ukraine rocked Germany's decades-long energy ties with Russia.
Orlen plans maintenance at Polish, Czech refineries in 2026
In 2025, Orlen processed 39.6 MM tonnes (t) of oil, using 93% of its refining capacity.
Former Lukoil-owned ISAB refinery in Sicily exits crisis procedure
The refinery - located in Priolo, Sicily - entered the procedure early last year to negotiate with creditors, after its ownership shifted from Russian oil group Lukoil to Cypriot private equity fund G.O.I. Energy.
- Bechtel greenlit for Sabine Pass Liquefaction expansion in Southwest Louisiana (U.S.) 5/29
- Philippines receives rare Iranian crude cargo after wartime disruption 5/29
- Gazprom and Sibur resume talks on possible ethane project to supply additional feedstock to the Kazanorgsintez petrochemicals plant 5/29
- European Commission debates policy shift to protect industry from China 5/29
- Mitsui seeks LNG investments to meet power demand from data centers 5/29
- Kenyan government backs Gulf fuel supply deals after opposition criticism 5/29
