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Europe

ITOCHU to become an official distributor of Neste MY Renewable Diesel in Japan

Neste and ITOCHU have agreed to extend their collaboration with a licensing agreement allowing ITOCHU to become an official distributor of Neste MY Renewable Diesel in Japan.

Eni and RINA sign partnership to develop HVO maritime biofuel

RINA and Eni have signed an agreement to jointly develop initiatives that can contribute to the energy transition and decarbonization of their respective operations and particularly maritime transport.

Oil prices up amid OPEC+ supply cut uncertainty

Oil prices ticked up as the market weighed conflicting messages on supply from Russia and Saudi Arabia ahead of the next OPEC+ policy meeting.

Russia leaning towards leaving oil output unchanged ahead of OPEC+ meeting

Russia is leaning towards leaving oil production volumes unchanged ahead of an OPEC+ policy meeting in June because Moscow is content with current prices and output.

Stellantis may ship fewer gas-powered vehicles to U.S. states with strict emissions rules

Chrysler-parent Stellantis said it may limit shipments of gasoline-powered vehicles to dealers in states that have adopted California's strict emissions rules.

Asia gets most of Russian dark fuels after EU embargo

Asian countries remain the lead destinations for Russian vacuum gasoil and fuel oil exports after the European Union's embargo.

'Abnormal' EU biodiesel imports hit rapeseed market

An "abnormal" rise in imports of biodiesel classified as waste-based has hit rapeseed prices in Europe, vegetable oil industry group FEDIOL said, calling for an investigation into the authenticity of these biofuel imports.

Kazakhstan to send 100,000 tons of crude to Germany via Druzhba in May

Kazakhstan's oil exports to Germany via Russia's Druzhba pipeline are expected to reach 100,000 tons in May, pipeline operator KazTransOil says.

Neste and World Fuel Services expand availability of Neste MY SAF for European airports

Neste and World Fuel Services are significantly expanding the availability of Neste MY Sustainable Aviation Fuel in Europe, building on World Fuel's extensive network and customer base and Neste's well-established production and supply chain capabilities.

Czechs take next step to eliminate Russian oil from Polish-owned refineries

The Czech Republic can cover its oil needs through shipments via the Transalpine Pipeline pipeline from 2025, Prime Minister Petr Fiala said after the country signed a deal to boost capacity along the link.