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THE war in Ukraine is transforming Europe’s energy map. With Europeans increasingly purchasing liquefied natural gas (LNG) from Norway, Qatar, and the United States, as well as natural gas from North ...
UBS announced a revised outlook on the global oil refining industry, anticipating a significant tightening of supply balances ...
LONDON — A heavy oil refinery turnaround season in Europe this autumn, plus French strike action, is set to push diesel prices higher and tighten supplies ahead of a European Union ban on Russian ...
Shell Plc has been forced to halt a unit at Europe’s biggest oil refinery, potentially curbing supply of diesel in a tight market.. The Hycon unit went offline as of Tuesday, according to ...
Ukraine's drone strike campaign has this year hit facilities collectively accounting for 25 percent of Russia's total refining capacity of 6.8 million barrels per day, CNBC reported this week ...
A Russian court has ordered internet company Yandex to hide access to maps and photos of one of Russia's largest oil refineries due to repeated attacks by Ukrainian drones, state news agency TASS ...
Oil refineries across Europe will be forced to shut as the West abandons fossil fuels in the race to net zero, the boss of BP has said. Murray Auchincloss said that older and smaller refineries ...
After already ending imports of Russian oil, Europe's next move against Russia's economy starts this weekend, when it stops buying oil products like the diesel fuel widely used across the continent.
Tires of a truck are pictured at a gas station in Frankfurt, Germany, Jan. 27. A European ban on imports of diesel fuel and other products made from crude oil in Russian refineries takes effect ...
Refining as weak link of Europe’s oil industry is ‘myth’, says Vortexa. Refineries have been closing across many regions, but European facilities have passed on higher costs onto consumers.
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