Europe downstream news
Commission approves €290 million Dutch State aid to support SAF development
The European Commission has approved, under EU State aid rules, two Dutch schemes with a combined budget of €290 million to support sustainable aviation fuels (SAF).
Exolum completes transaction to acquire a minority stake in SeaSeaS Amsterdam CO2 terminal project
Exolum has completed the acquisition of a minority stake in SeaSeaS Amsterdam, a project developing a multimodal CO2 export terminal at the Port of Amsterdam, the Netherlands.
BP completes sale of Gelsenkirchen refinery to Klesch Group
BP has completed the sale of Gelsenkirchen refinery, Germany, and related businesses to Klesch Group.
Axens launches industrial scale SAF unit in France
Axens has announced the launch of the ERA project, France’s first industrial-scale SAF production unit based on advanced bioethanol.
UNIMOT transports South American crude to PCK refinery
UNIMOT Paliwa imported a seaborne shipment of crude oil to Gdansk in July 2025, which will be transported from the Naftoport terminal to the PCK refinery in Schwedt, Germany, using PERN's pipeline infrastructure.
Emerson reduces control system alarms at Petromidia refinery
Emerson has helped Rompetrol Rafinare reduce distributed control system alarm volumes by more than 95% using DeltaV™ AgileOps operations management software at its Petromidia refinery in Navodari, Romania.
OMV receives funding for green hydrogen plant
OMV has received a €450 loan from the European Investment Bank (EIB) for the construction of its 140 MW green hydrogen production facility in Austria to significantly contribute to the decarbonisation of its Schwechat refinery.
INEOS and Recuro sign MoU for advanced recycling facility in Norway
INEOS and Norwegian recycling company Recuro have signed a Memorandum of Understanding to develop an advanced recycling facility at INEOS’ Bamble polymer site in Norway.
Neste to invest over €400 million in Porvoo refinery
Neste will conduct an approximately nine week maintenance turnaround at its Porvoo refinery between August and October 2026, Finland.
LBC Tank Terminals announces Rainbow 5 Phase A expansion at Rotterdam Terminal
LBC Tank Terminals has taken the final investment decision to execute Project Rainbow 5 Phase A at its Rotterdam Terminal, advancing the next phase of the terminal’s multi-year expansion programme.