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Europe

EMGC '17: Prospects for accelerating gas trade and regional energy cooperation

Hydrocarbon Processing Staff: Blume, Adrienne

NICOSIA—Gulf Publishing Company's Eastern Mediterranean Gas Conference (EMGC) 2017, the world's primary event for discussing the forces shaping gas industry development in the Eastern Med, continued on March 15.

China National Chemical Engineering to build hydrocracking plant for Gazprom

(Reuters) -- China National Chemical Engineering Co Ltd said on Wednesday that its unit signed a contract worth about $1.17 billion to build a hydrocracking plant for Gazprom in Russia.

EMGC '17: Eastern Med gas monetization demands regional cooperation

Hydrocarbon Processing Staff: Blume, Adrienne

NICOSIA—Gulf Publishing Company's fourth Eastern Mediterranean Gas Conference (EMGC) 2017 continued on the afternoon of March 14 with sessions devoted to gas monetization options and foreign investment initiatives.

EMGC '17: Execs outline gas prospects for Cyprus, Lebanon, Israel

Hydrocarbon Processing Staff: Blume, Adrienne

NICOSIA—Gulf Publishing Company's Eastern Mediterranean Gas Conference (EMGC) 2017, the fourth iteration of the world's primary event for discussing the forces shaping gas industry development in the Eastern Med, opened on March 14.

EMGC '17: Eni chief shares invigorating projections for Eastern Med gas

Hydrocarbon Processing Staff: Blume, Adrienne

NICOSIA—Gulf Publishing Company's Eastern Mediterranean Gas Conference (EMGC) 2017, the fourth incarnation of the world's primary event for discussing the forces shaping gas industry development in the Eastern Med, opened on March 14.

Russia postpones scrapping oil export duties to 2022-2025

MOSCOW (Reuters) -- Russia will not fully scrap its oil export duty until 2022-2025, Finance Minister Anton Siluanov said on Monday, four years later than previously expected.

Clariant releases new catalysts for steam reforming process

MUNICH – Clariant announced the launch of a new generation of high-performance catalysts for the steam reforming process in the production of hydrogen, ammonia and methanol. The new ReforMax 330 LDP Plus and ReforMax 210 LDP Plus catalysts are designed with a unique 8-hole flower-like configuration that ensures a low-pressure drop in the tubular reforming reactor while offering catalyst activity and selectivity.

Oil edges off three-month lows, eyes on US inventory

LONDON (Reuters) -- Oil prices recovered modestly from three-month lows on Tuesday, with concerns persisting about rising US inventories and few clear signs that OPEC will extend supply curbs beyond June.

Neste Jacobs, Coolbrook to develop new olefin cracking technology

Neste Jacobs, a technology, engineering and project management company and Coolbrook, a technology development company, are developing a new technology innovation in collaboration with University of Oxford's Osney Thermo Fluids laboratory, University of Cambridge's Whittle laboratory, and major chemical producers such as Dow Chemical as well as equipment manufacturers including MANTurbo. This innovation is based on hydrocarbon (e.g. Naphtha) cracking method, where ethylene, the core raw material for polyethylene is produced.

UK's Wood Group to buy rival Amec Foster in $2.7-B deal

(Reuters) -- British oilfield services company John Wood Group has agreed to buy Amec Foster Wheeler in a deal valuing its smaller rival at about 2.2 billion pounds ($2.7 billion) and averting a planned 500-MM-pound rights issue.