Separately, the BBC, citing an official source in Kyiv it didn’t identify, said special forces struck the plant with drones.
Shell Plc (LON: SHEL) agreed to sell its stake in the Schwedt refinery, a plant that supplies much of eastern Germany with fuel and has been caught up in Europe’s standoff with Moscow over the war in Ukraine.
Shell (LON:SHEL) has been forced to halt a unit at Europe’s biggest oil refinery, potentially curbing supply of diesel in a tight market.
Essar said hydrogen and biofuels are becoming globally significant fuels. “The UK is positioned strongly to spearhead the rapid growth of the European low carbon fuels market,” it said. “The UK already benefits from an advanced regulatory and policy framework to support low carbon energy production”.
Saudi Aramco has discovered two new unconventional gas fields in the country’s hydrocarbon-rich east.
TotalEnergies has denied a role in fuelling Russian fighter jets in their attacks in Ukraine, in response to allegations published today by France’s Le Monde.
TotalEnergies has reported net income of $5.69 billion, up more than two and a half times from the first quarter, driven largely by its downstream and chemicals operations.
Kent has won design work on a blue hydrogen project at HyNet. This is one of the two clusters picked by the UK government for the fast track.
Shell has struck a deal to sell its retail and lubricants business in Russia to locally owned Lukoil.
UK drivers face “range anxiety” as a result of fuel shortages, while a cold winter could push Brent prices to $100 per barrel, BofA Securities has warned.
The Dutch police have arrested a number of Greenpeace activists following a protest focused on greenwashing in the port of Rotterdam.
Novel injection, dispersion & mixing technology combats refinery corrosion