Europe
Wood Group completes acquisition of Amec Foster Wheeler
ABERDEEN, Scotland — Wood Group is pleased to announce that it has completed the acquisition of Amec Foster Wheeler. Wood Group's new ordinary shares will be admitted to the premium segment of the Official List and to trading on the main market for listed securities of the London Stock Exchange with effect from 8 a.m. (London time) Oct. 9.
Online exclusive: Versatile high-performance elastomers, tires and specialty rubbers
Nestled in the university city of Maastricht in the Netherlands, ARLANXEO combines the scale and resources of Saudi Aramco with the expertise and track record of German specialty chemicals business LANXESS. The result is a synthetic rubber company established in April 2016, with operations across 20 production sites in nine countries, and more than 3,800 employees.
Oil supplies to Lukoil's Norsi refinery resume after fire
MOSCOW (Reuters) — Crude oil deliveries to Lukoil’s Norsi refinery in the Nizhny Novgorod region have been resumed after a fire at the facility, Russian pipeline monopoly Transneft said on Thursday.
Shell, Varo end talks on Germany refinery stake sale
LONDON (Reuters) — Royal Dutch Shell and Varo Energy said they have ended talks on Varo’s potential purchase of Shell’s 37.5% stake in the 220,000 bpd PCK refinery in Schwedt, Germany.
DWG Selects aeShield platform to support customers in Benelux region
GREENVILLE, South Carolina, USA — aeSolutions announced that DWG, a process, process/functional safety, electrical, automation and IT company in Rotterdam, has selected the aeShield Safety Lifecycle Management platform to support their customers in the Belgium, Netherlands and Luxemburg Regions.
Oil rises as talk of new OPEC deal trumps record US exports
LONDON (Reuters) — Oil prices rose on Thursday as signs Saudi Arabia and Russia would limit production through next year outweighed record US exports and the return of production at a major Libyan oilfield.
Saudi says "flexible" on Russian idea to extend oil cuts to end-2018
MOSCOW (Reuters) — Saudi Arabia made no firm pledge on Thursday to extend a deal between OPEC, Russia and other producers on cutting supplies but said it was "flexible" regarding Moscow's suggestion to prolong the pact until the end of 2018.
Refinery blazes to dent Shell 3Q earnings
LONDON (Reuters) — A recent string of fires at Royal Dutch Shell’s refineries, including at Europe’s largest, is expected to hit the oil and gas company’s 3Q profit and deal a setback to its efforts to improve the segment’s performance.
Venezuela confirms discussing Citgo collateral swap with Rosneft
MOSCOW (Reuters) — Venezuela’s oil minister confirmed on Wednesday that state oil company PDVSA is negotiating to swap Russian oil producer Rosneft’s collateral in Venezuelan-owned, US-based refiner Citgo, adding that results are expected “very soon.”
Oil weak as OPEC aims to offset rising US output
LONDON (Reuters) — Oil prices fell on Wednesday, pulled down by caution that rising US crude output could scupper a rally that lasted for most of the third quarter.
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- TotalEnergies' Donges refinery fire extinguished 8/21
