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Rising crude prices could be final straw for consumers under environmental pressure. Neste continuously adapting to global trends. Ramping up of renewables production, despite short term margin pressure. For further details see: Neste: Rising Crude Prices Re-Opens Window...
Russia's war in Ukraine revealed several vulnerabilities in global energy markets. The diesel supply has not been a major focus in the press; however, self-sanctioning has reverberated through diesel commodity markets. Shortly following invasion, the price of diesel in Europe spiked to a $50+...
A couple weeks ago you could only sell, not buy, the ADRs and pink sheets of Russian energy companies, such as Lukoil. Now you can't even sell. While it's not the 90% off sale as seen with Lukoil, you can snap up a 40% sale on its neighbor to the west, Neste. Neste is in the sweet...
Self sanctioning reported by Energy Intelligence Thursday indicated that oil product exports from Russia had fallen by ~1mb/d (product plus crude exports fell ~2.5mb/d); oil prices rose, but oil product margins in Europe are spiking as well. European oil refiners have struggled since th...
After markets closed Tuesday, Neste (OTCPK:NTOIF) and Marathon (NYSE:MPC) announced a renewable fuels joint venture, whereby the Finnish fuels producer will pay Marathon (MPC) $1b for 50% of its Martinez project. The project is expected to have production capacity of 260mg/y by the 2nd half o...
Neste to establish a joint venture for production of renewable fuels in the United States with Marathon Petroleum Neste Corporation, Stock Exchange Release / Insider Information, 1 March 2022, at 11.05 p.m. (EET) PR Newswire HELSINKI , March 1, 2022 /PRNewswi...
The following slide deck was published by Neste Oyj in conjunction with their 2021 Q4 earnings call. For further details see: Neste Oyj 2021 Q4 - Results - Earnings Call Presentation
Neste Oyj (NTOIF) Q4 2021 Earnings Conference Call February 10, 2022 08:00 ET Company Participants Juha-Pekka Kekäläinen - Head, Investor Relations Peter Vanacker - President and Chief Executive Officer Jyrki Maki-Kala - Chief Financial Officer Matti Lehmus - Executive Vice Presiden...
Neste Oyj press release (OTCPK:NTOIF): Q4 GAAP EPS of €0.59. Revenue of €4.97B (+64.0% Y/Y). For further details see: Neste Oyj GAAP EPS of €0.59, revenue of €4.97B
Neste (OTCPK:NTOIF) shares slid as much as 6% in Europe this morning, as the bio-fuel business's CEO announced his resignation CEO since November 2018, Mr. Vanacker saw the share price nearly triple in his first two years on the job; however, as bio-fuel competition increased, Neste...
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For the first time, Sustainable Aviation Fuel has been delivered to New York using existing petroleum pipelines PR Newswire HELSINKI , June 15, 2022 /PRNewswire/ -- Sustainable aviation fuel (SAF) has been safely delivered to New York's LaGuardia Airp...
Neste to establish a joint venture for production of renewable fuels in the United States with Marathon Petroleum Neste Corporation, Stock Exchange Release / Insider Information, 1 March 2022, at 11.05 p.m. (EET) PR Newswire HELSINKI , March 1, 2022 /PRNewswi...
Neste MY Renewable Diesel Receives Industry's First TOP TIER Certification The recognition reinforces Neste's leadership in providing a high-quality and immediate solution for road transport decarbonization PR Newswire HELSINKI, Finland , July 6, 2021 /PRNews...