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Europe

Statoil says mistakes, lack of maintenance led to Troll, Mongstad accidents

OSLO (Reuters) -- Operational mistakes and a lack of maintenance led to two near-fatal accidents at Norway's Troll field and at the Mongstad refinery, operator Statoil said on Friday.

Novozymes cuts jobs, says US policy, Monsanto deal pose risks

COPENHAGEN (Reuters) -- Enzymes maker Novozymes will cut 198 jobs and invest more in emerging markets, it said on Wednesday, adding it could time take to recapture past growth rates amid uncertainty over US renewable energy policy and the takeover of a key partner.

Oil price slides on prospect of rising US production

LONDON (Reuters) -- Oil prices fell on Wednesday on expectations that US producers would boost output, just as OPEC signaled that a global supply-reduction deal will shrink the oil glut this year.

IEA: France’s energy transition is vital for energy security

In its latest country review of energy policies, the International Energy Agency (IEA) praised France for setting in motion significant reforms towards more secure, affordable and sustainable energy supplies and the green growth of its economy.

Haldor Topsøe introduces catalyst in FCC gasoline post-treatment

With only two competing products on the global market, Haldor Topsøe’s HyOctane now gives refiners a wider range of options for their next catalyst replacement in their FCC gasoline post-treatment unit. The new catalyst series is industrially proven to provide ultra-low levels of sulfur, while keeping octane numbers high.

Neste Jacobs’ NAPCON selected for Borealis PE2 plant's distillation section

Technology, engineering and project management company Neste Jacobs was selected to optimize the recovery area of Borealis Borstar PE2 plant in Porvoo, Finland with Neste Jacobs' NAPCON Controller solution. The aim of optimization is to reduce energy consumption and production loss and enhance the plant operability.

Russia's Tuapse oil refinery resumes production after fire

MOSCOW (Reuters) -- Russia's Tuapse oil refinery, which is owned by Rosneft and suffered a fire on Wednesday, has resumed production in full, including vacuum gasoil output, a Rosneft representative told Reuters on Friday.

Oil set for weekly fall on doubts over extent of OPEC cuts

LONDON (Reuters) -- Oil prices are on track to end the week lower on lingering doubts over the extent of OPEC cuts, with sentiment worsened by concerns over the health of the Chinese economy after it reported the steepest falls in exports since 2009.

PETRONAS Selects LyondellBasell technology for Malaysia project

ROTTERDAM, Netherlands – LyondellBasell announced PRPC Polymers Sdn Bhd, a wholly owned subsidiary of PETRONAS Chemicals Group Berhad (PCG), has selected the LyondellBasell Hostalen “Advanced Cascade Process” technology.

Clariant, KBR supply turnkey design for ammonia synthesis in Indonesia

MUNICH – Clariant announced that it is providing total catalyst solutions for two major ammonia production plants in Indonesia, in cooperation with its licensing partner KBR. The new projects rely on KBR’s process technologies combined with a complete range of Clariant catalysts for the entire ammonia production process.