Verbio may convert eastern German oil refinery to renewables

May 23, 2022 |

In Germany, Reuters reports the Handelsblatt newspaper said that Verbio could be looking at refurbishing the PCK Schwedt refinery in eastern Germany into biofuel production, a facility that Alcmene Group is trying to take over, although neither company commented on the report. The facility, majority owned by Russian energy company Rosneft, is reliant on imports of Russian oil it receives via pipeline from Poland. Part of Verbio’s plans could include expanding biogas activities in the area to help decarbonize the refinery in the long run.

Print Friendly, PDF & Email

Tags: ,

Category: Fuels

Thank you for visting the Digest.