The UK is building Europe’s first and largest lithium refinery to produce the much-sought-after material.
read more... 08/08/2023
Romania's OMV Petrom said it has made a series of oil and gas discoveries in southern Romania including its largest crude find "in decades". The discoveries could help the firm reduce the decline in its upstream production and increase the intake of domestic crude at its 85,000 b/d Petrobrazi refinery in Ploiesti.
read more... 15/06/2023
Oil prices soared by 3% on Wednesday, spurred by an acceleration in U.S. refinery activity and positive statements regarding the U.S. debt ceiling. Hence, Brent crude settled at $76.96 a barrel, while WTI crude ended at $72.83 a barrel.
read more... 18/05/2023
Oil prices retreated on Wednesday, dampened by profit taking and refinery shutdowns in France, which more than offset the weekly report from the U.S. Energy Information Agency (EIA) that commercial crude inventories shrank by 7.5 million barrels. Thus, Brent crude fell by 0.5% to $78.28 a barrel, while WTI crude edged 0.3% down at $72.97.
read more... 30/03/2023
Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike action, though some refineries operated with a reduced flow.
read more... 21/03/2023