European Commission Approves Eni Purchase of ExxonMobil Assets, OKs CO2 Plan

Global Refining & Fuels Report: News from Europe / Africa	August 01, 2007
Theresa Ward, Managing Editor, Newsletter Group	E-mail

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Volume 11, Issue 15

Top Stories
IEA Sets Cautious Forecast for Biofuels
BP’s Q2 Net Profit Increases Slightly
Study Finds Plug-In Hybrid Vehicles Reduce GHG and Criteria Air Pollutants; Cut Oil Consumption
Survey: 78% of EU Citizens Say Vehicles Affect Environment
Ford Returns to Profitability
ExxonMobil’s Second Quarter Earnings Fall Slightly, But Remain Above $10 Billion
China Stumbling on Diesel Desulfurization Deadlines
Market Snapshot
Brent
Gasoil
News from Americas
Costa Rica’s Recope Extends Deadline for Refinery Revamp Bids
More Washington State Expansion Possible for Tesoro
Coffeyville Gives September Timeframe for Refinery Restart
ConocoPhillips’ Earnings Tumble Due to Impairment of Venezuela Oil Projects
Husky Energy’s Net Earnings Decrease 26%
API’s First-Half Statistics Show Record Gasoline, Distillate Production
Venezuela Begins Construction of Refinery in Nicaragua
Hess Earns $557 Million in Second Quarter
Murphy Oil Earns $250 Million in Q2
Petro-Canada Earns C$845 Million in Q2
Suncor’s Earnings Drop 47% in Q2
Chevron’s Q2 Earnings Climb 24%
News from Middle East / Asia
India’s E-10 Mandate Set for Passage by October
Budget for New Kuwait Refinery Increased Again
Axens to Provide Unit for Indian Refinery Upgrade
Nissan’s First Quarter Earnings Down 16.2%
Toyota to Begin Testing Plug-in Hybrid on Public Roads
Reliance’s Earnings Climb 28%
Honda’s Earnings Climb Nearly 16%
News from Europe / Africa
Shell’s Earnings Climb 18%
Russian Company to Invest $210 Million for New Primorsk Refinery
Statoil's Mongstad Refinery Set for Major Maintenance in 2008-09
European Commission Approves Eni Purchase of ExxonMobil Assets, OKs CO2 Plan
Slovenia’s Petrol Could Buy Stake in Croatian Retailer
Porsche to Make Hybrid SUV
Repsol YPF’s Earnings Decline 4.3%
Eni Earns €2.3 Billion in Second Quarter
Market Report
NYMEX Crude Breaks Record, Tops $78/bbl

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