Europe
Chevron to lay off up to 20% of global workforce
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said, as it seeks to cut costs, simplify its business and complete a major acquisition.
MOL Group successfully tested the production of HVO and SAF at Eastern European refinery
MOL Group has produced a diesel fuel containing hydrotreated vegetable oil and sustainable aviation fuel at its refinery in Slovnaft, Bratislava, readying the production of alternative synthetic fuels, which is part of the company’s long-term SHAPE TOMORROW strategy.
Alternative Chinese terminals emerge to take in sanctioned tankers
A handful of newer Chinese terminals recently began receiving oil tankers sanctioned by the U.S., according to five sources and shipping data, providing logistics relief after a major port operator unexpectedly banned such deliveries last month.
Finland's Neste to slash around 600 jobs as quarterly core profit slumps on excess renewable fuel supply
Finnish oil refiner and biofuel maker Neste will slash around 600 positions as excess supply in the renewable fuel market caused a slump in quarterly core profit.
Magnon project in Huelva to capture biogenic CO2 to produce renewable fuels
Magnon Green Energy, the Ence Group’s energy subsidiary, is promoting a pioneering project for the capture and recovery of biogenic carbon dioxide (CO2) at its biomass-based renewable electricity generation plant in Huelva, Spain.
Liquid Wind announces new eFuel facility project in Örnsköldsvik, Sweden
The new eFuel project will be carried out in close collaboration with Övik Energi as a development partner and supplier of biogenic carbon dioxide (CO2). The new site is planned to be one of Europe's largest facilities for the production of eFuels.
Russia's Volgograd oil refinery partially recovers after drone attack
Russia's Volgograd oil refinery, which had halted operations following a Ukrainian drone attack on February 3, has partially resumed processing.
Accelera to power bp's Lingen green hydrogen project in Germany
Accelera™ by Cummins will supply a 100-megawatt proton exchange membrane electrolyzer system for bp's Lingen green hydrogen project in Germany.
Horisont Energi AS: Commercial progress for the Barents Blue project
Horisont Energi is progressing the commercial work and has now passed a milestone for the Barents Blue project by signing the first term-sheet (non-binding) for gas supply from the Snøhvit LNG facility at Melkøya in Northern Norway.
Russia's Saratov oil refinery suspends operations after drone attacks
Rosneft-owned oil refinery in the southern Russian city of Saratov has suspended fuel production for safety reasons after Ukrainian drone attacks on Tuesday, industry sources said, expecting the plant to resume operations in a day or two.

- Toyo-Malaysia secures OSBL project to support SAF production facility at Pengerang, Johor, Malaysia 2/14
- TOYO awarded licensing and equipment supply contract for the first ever urea fertilizer plant in Angola 2/14
- Gevo, Axens form alliance to accelerate SAF commercialization 2/14
- India to remain bright spot for petchem demand in 2025 2/14
- Ocean Network Express names first owned newbuilding vessel 2/14
- Zeeco offering presents comprehensive industrial-scale pilot plant solutions 2/14