https://www.live-feeds.com/feed/europe-is-now-seriously-rethinking-its-oil-refinery-phase-downContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/europe-is-now-seriously-rethinking-its-oil-refinery-phase-downhttps://www.live-feeds.com/feed/europe-is-now-seriously-rethinking-its-oil-refinery-phase-down#u173600Wed, 04 Nov 2026 09:25:30 +0000European officials are seriously rethinking the ongoing phase-down of the continent's oil refineries as soaring energy prices and geopolitical instability threaten the region. Over the past two decades, Europe has systematically reduced its processing capacity by shutting down roughly a quarter of its refining plants to pursue aggressive clean energy targets. Now, the European Commission is moving to protect remaining refining capacity, balancing climate goals against industrial competitiveness, military readiness, and overall energy security. The EU warns that additional refineries are r