Europe
Total enters the petroleum product retail sector in Mexico
PARIS — Total has entered into an agreement with GASORED, a group of service station owners, to rebrand a network of around 250 service stations in and around Mexico City under the Total brand.
Dynea announces start-up of formaldehyde plant
LILLESTRØM, Norway — Dynea AS announced the successful commissioning and start-up of a formaldehyde plant using silver crystals as catalyst.
IEA: China's crude oil buying spree looks set to continue
LONDON (Reuters) — China has built its crude oil stockpiles at a record pace in 2017 and while its purchases could tail off towards the year-end, inventories could hit the billion-barrel mark in 6 mos, the International Energy Agency said.
Lukoil’s Norsi oil refinery has not changed overall oil supplies
MOSCOW (Reuters) — Russia’s Norsi, oil major Lukoil’s largest oil refinery that suffered a fire last week, has not changed the overall plan of oil supplies to its plant this month, Russian pipeline monopoly Transneft said on Monday.
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.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
