RUSSIA

EU sanctions on Moscow's crude oil exports, price cap come into force / Domestic PP demand at record lows / Southeast Asian imports flood the market

ROSNEFT

Seized German refineries brace for transformation / Russian response could hit crude supplies to PCK Schwedt, Leuna

SHELL

Minority shareholding in PCK Schwedt refinery sold to Alcmene / Energy group refocusing on core refining sites

HELM

German distributor plans to market more propylene

PETROCHEMICAL MARKETS

BP declares force majeure for Propylene / Cracker outages at Rotterdam and Schwedt