Europe
Linde-Praxair merger deal falls behind schedule
MUNICH, Germany (Reuters) -- Linde and Praxair's $65 B merger talks are facing legal complexities that mean the agreement will not be finalized as planned before Linde's annual shareholder meeting on May 10, a source familiar with the situation said.
Pakistan's PARCO to upgrade refinery using Honeywell technologies
DES PLAINES, Ill. -- Honeywell announced that Pak-Arab Refinery Limited (PARCO) will use technologies from Honeywell UOP and Honeywell Process Solutions to upgrade its Mid-Country Refinery near Multan, Pakistan, enabling it to meet growing domestic demand for cleaner-burning fuels.
Uniper's ULSFO facility in Fujairah sends cargoes to Europe, Asia
DUBAI (Reuters) -- Supplies of ultra-low-sulfur fuel oil (ULSFO) from the United Arab Emirates are becoming commonplace as Uniper ramps up production at its Fujairah facility, commissioned since the start of the year.
OPEC figures show oil output cuts exceed pledge in March
DUBAI/LONDON (Reuters) -- OPEC states cut oil output in March by more than they pledged under supply curbs, according to figures the exporter group uses to monitor its supply, extending a record of higher-than-expected adherence to its first production cut in eight years.
Total-Hanwha JV to invest $450 MM on refining and petrochemicals platform
PARIS (Reuters) -- French oil and gas company Total said on Wednesday that its South Korean JV with Hanwha will invest $450 MM in the group's refining and petrochemicals platform to expand capacity in order to meet growing demand from China.
OMV to invest $116.7 MM in petchem units at Schwechat refinery
VIENNA (Reuters) -- Austrian oil and gas group OMV will pay $116.7 MM for a planned turnaround at the petrochemical units of its Schwechat refinery which will start in the middle of this month, it said on Tuesday.
OPEC's war on oil overhang starts to bear fruit
LONDON (Reuters) -- OPEC appears to be slowly winning the battle against a global overhang of crude and oil products as inventories in onshore and floating storage decline.
Oil rises towards $56 on Libyan field shutdown, Syria
NEW YORK (Reuters) -- Oil rose toward $56 a barrel on Monday, supported by another shutdown at Libya's largest oilfield over the weekend and geopolitical tensions following last week's US missile strike on Syria.
AMPO Poyam Valves completes construction of new manufacturing facility in India
IDIAZABAL, Spain -- AMPO Poyam Valves has completed construction of their new valve manufacturing plant in Coimbatore (Tamil Nadu, India) in order to accommodate AMPO’s expanding capabilities.
PKN ORLEN to supply 100 Mtpy of propylene to Basell Orlen Polyolefins
PKN ORLEN will supply up to 100,000 t of propylene annually to Basell Orlen Polyolefins. The contract covers the production volume of the Metathesis Unit, currently constructed in Płock and scheduled for commissioning in the second half of 2018.
- CNOOC completes construction on $2.9-B, 1.8-MMtpy integrated complex in east China 8/22
- bp's Whiting refinery (U.S.) continues to flare days after severe thunderstorm 8/22
- Bachmann introduces latest version M-Target for Simulink 8/22
- U.S. to rule on biofuel waivers, but big oil refiners may need to wait 8/22
- Chinese independent refiner Hongrun buys Canadian, Brazilian crude 8/22
- Ukrainian attack suspends Russian oil flows to Hungary, Slovakia 8/22
