Europe
Five EU countries call for windfall tax on energy companies
Such a measure could help fund relief for consumers in the face of high energy prices and be a signal that "we stand united and are able to take action", they said.
Ukrainian drone attack shuts crucial unit at Russia's Novo-Ufimsk oil refinery
The CDU-5 distillation unit, which the sources say caught fire, accounts for around 28% of the Novo-Ufimsk refinery's total capacity.
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.
- 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
