With the global demand for renewable energy showing no signs of abating, the fossil fuel industry needs to adapt to a new ...

Neste Oyj, despite its leadership in renewable fuels, faces significant profitability challenges and headwinds. Read why ...

The world’s largest producer of clean fuels for cars and planes has pledged to dramatically cut costs, including firing a ...

Products such as biodiesel and bioethanol have gained in popularity due to their sustainability and low contributions to the ...

Despite facing operational setbacks, Neste OYJ (NTOIF) focuses on growth and efficiency improvements to enhance future performance.

Malinen announced the launch of a full potential program aimed at achieving a €350 million EBITDA run-rate improvement by 2026, with €250 million from operational cost reductions. He stated, "We need ...

Finnish oil refiner and biofuel producer Neste has announced plans to reduce its global workforce by around 600 employees, including up to 450 positions in Finland. The company cited weak demand and ...

Neste Corporation, Financial Statements Release, 13 February 2025 at 9 a.m. (EET) Actions initiated to respond to a challenging market environment and weak financial performance Year 2024 in brief: Co ...

Finnish oil refiner and biofuel maker Neste will slash around 600 positions as excess supply in the renewable fuel market caused a slump in quarterly core profit.

The biofuel manufacturer and oil refiner plans to dismiss up to 450 people from its Finnish operations. Its share price sank ...

Finnish oil refining and biofuel company Neste announced on Thursday that it will be reducing its workforce by approximately ...

Neste, a Finnish biofuel and oil refiner, announced on Thursday that it would cut 600 jobs after its core profit for the fourth quarter fell below expectations.