Latest news
European oil refiners increase production
European oil refiners increased production in the month of June to take advantage of improved margins and cheaper crude oil feedstock, figures from industry monitor Euroilstock showed.
read more... 25/07/2012
Are European oil refiners disadvantaged by EU carbon emissions scheme?
European oil refiners fear they could be doubly disadvantaged by EU plans to make them pay for some of their carbon emissions from January 2013 due to rising competition from cheap foreign imports and non-European-owned refiners inside the EU.
read more... 18/07/2012
French government to impose one-off 4% tax on oil stocks
France has recently revealed that it would impose an exceptional tax on oil inventories that will cost French refiners and distributors 500 million euros ($624 million).The move came to help country’s depleted budget, but it is likely to hurt refining industry.
read more... 11/07/2012
Refiners join the port strike in France.
Refiners from the Ineos, British chemical company, joined the strike along with the port workers in what is the eleventh day of protests against a port reform and Nicolas Sarkozy’s pension reform.
read more... 08/10/2010