Europe downstream news

PKN Orlen is shifting focus to building clean energy sources rather than oil refining.

The Naantali refinery is due to close by the end of March 2021.

Union sources said the stoppage would take effect on Monday and could last for four months.

The company has invested approximately €21 million in order to increase the Petrobrazi refinery's bio-blending capacity.

Inter Pipeline Ltd has sold the majority of its European bulk liquid storage business to the CLH Group for a cash consideration of £420 million.

Renewable raw materials are being converted into Swedish Environmental Class 1 diesel at Preem’s refinery in Lysekil.

The technology makes it possible to accurately model physical and chemical processes at petrochemical facilities.

The acquisition will lead to DEFSA’s involvement in the offshore Alexandroupolis LNG Terminal in Greece.

INEOS at Antwerp commits to staying ahead of EU climate and energy targets in the drive to achieve net zero greenhouse gas emissions.

Oiltanking Copenhagen has commissioned a new motor-fuel distribution hub in Copenhagen, Denmark.