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Neste Says LG Chem To Start Replacing Fossil Feedstock With Neste Renewable Hydrocarbons In Upcoming Months
Neste To Acquire Bunge's Refinery Plant In Rotterdam
Neste Q3 Comparable Operating Profit, Net Sales Fall
Neste Oyj is a Finland-based company engaged in the refining and marketing of petroleum and petroleum products. The Company’s business activities are divided into four reporting segments: Renewable Products, Oil Products, Marketing & Services and Others. The Renewable Products segment produces, markets and sells renewable diesel, renewable jet fuels and solutions, renewable solvents, as well as raw material for bioplastics. The Oil Products segment produces, markets and sells a range of low carbon solutions that are based on oil products, such us diesel fuel, gasoline, aviation and marine fuels, light and heavy fuel oils, among others. The Marketing & Services segment markets and sells petroleum products and associated services. The Others segment consists of the engineering and technology solutions company Neste Engineering Solutions, Nynas and Petroleos de Venezuela. The Company operates a network of around 1000 stations in Finland and the Baltic countries.
Oil & Gas Operations
Independent Chairman of the Board
President and Chief Executive Officer, Chair of the Executive Committee
Independent Vice Chairman of the Board
Chief Financial Officer, Strategy and IT; Member of the Executive Committee
Executive Vice President, Marketing & Services; Member of the Executive Committee
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
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Return on Equity (TTM)
Finnish biofuel producer and oil refiner Neste said on Wednesday it had signed an agreement with Shell Aviation to significantly increase the supply and availability of sustainable aviation fuel.
Finland's Neste <NESTE.HE> said on Tuesday it had sold its 49.99% stake in struggling Swedish oil refiner Nynas AB to Dubai's Bitumina Industries.
Finnish biofuel producer and oil refiner Neste <NESTE.HE> plans to cut up to 470 jobs in Finland to seek 50 million euros ($59 million) of savings due to declining demand for fossil oil products, it said on Monday.
Finnish biofuel producer and oil refiner Neste on Friday postponed a decision on the payment of a second dividend instalment until October because of the uncertainty caused by the coronavirus outbreak.
Finnish biofuel producer and oil refiner Neste on Friday reported a 8% rise in its first quarter earnings, lagging analysts' forecasts.
* DUE TO COVID-19 IMPLEMENTATION OF MAJOR TURNAROUND 2020 OF PORVOO REFINERY AS ORIGINALLY PLANNED IS PREVENTED AND DELAYED
Finnish oil refiner Neste on Friday beat fourth-quarter profit expectations on strong demand for renewable diesel and a one-off boost from U.S. tax credits.
Finnish oil refiner and biofuel producer Neste is running its Finnish refineries at a lower capacity during a large, three-day strike of industrial workers and expects to return to full capacity later this week, it said on Monday.
Finland was set for a fresh round of strikes at some of its biggest companies from Monday after state mediators failed to negotiate a deal between industrial sector unions and employer organisations on wages and work conditions.
Neste <NESTE.HE> reported its highest ever quarterly profit on Wednesday as renewable products helped the Finnish oil refiner and biofuel producer beat forecasts.
Finnish biofuel producer and oil refiner Neste <NESTE.HE> is spending 1.4 billion euros ($1.6 billion) to more than double output at its Singapore refinery to meet rising global demand for renewable energy.
Finnish biofuel producer and oil refiner Neste <NESTE.HE> reported a smaller than expected rise in quarterly profit on Thursday, sending its shares sharply lower.
Finnish biofuel producer and oil refiner Neste reported a bigger than expected fall in quarterly profit on Friday, with U.S. sanctions against Venezuela having curbed crude oil supply to its Nynas joint venture.
Finnish biofuel producer and oil refiner Neste reported a bigger-than-expected fall in quarterly profits on Friday, as U.S. sanctions hurt crude oil supply at its Nynas refinery.
Biofuel producer and oil refiner Neste reported a bigger than expected fourth-quarter profit on Wednesday after seeing robust demand for its renewables fuels, which it expects will continue to grow.
Finnish biofuel producer and oil refiner Neste said on Wednesday it will boost its biofuel production capacity in Singapore with a bigger-than-expected investment of 1.4 billion euros ($1.6 billion).
* Decision on Singapore investment to be made in December (Recasts on CEO comments, adds detail, background)
Biofuel producer and oil refiner Neste sees good opportunities for its renewable jet fuel despite a canceled pilot project in Switzerland, a company executive said.
Finnish oil refiner and biofuel producer Neste <NESTE.HE> said on Friday it was optimistic about its performance for 2018 but disappointment over margins in its renewable fuel division hit the company's shares.
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