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Europe

Russia's Lukoil plays down plans to sell refineries in Europe

Russia's second-biggest oil producer, Lukoil, played down the possibility of selling its oil refineries in Europe as margins improved.

Shell starts new aromatics unit at Pernis refinery in the Netherlands

Shell Pernis started a new aromatics unit at the large Pernis refinery in Rotterdam, the Netherlands.

Irving Oil finalizes purchase of Whitegate refinery from Phillips 66

Irving Oil has finalized its purchase and sale agreement with Houston-based energy, manufacturing and logistics company Phillips 66 to acquire the Whitegate refinery located near Cork, Ireland.

Shell signs agreement to sell Denmark refining business

Shell has reached an agreement with Dansk Olieselskab for the sale of Dansk Shell in Denmark, which consists of the 70 Mbpd Fredericia refinery and local trading and supply activities, for approximately $80 MM.

MOL Group included in the Dow Jones Sustainability Index

MOL Group has once again been part of the Dow Jones Sustainability World Index, placing the company in the top 15% of integrated oil and gas companies based on its corporate sustainability performance.

INEOS Oligomers plans to build a new PAO plant

INEOS Oligomers will significantly grow its low viscosity polyalphaolefin (PAO) business. Investment by the business will significantly increase the supply of low viscosity PAO to a growing market.

BP unveils low-carbon and carbon neutral PTA solution

BP has launched a new low carbon and carbon neutral PTA brand with three products that offers a more sustainable solution for the polyester value chain.

Total shuts some units at Gonfreville refinery following incident

French oil and gas company Total has shut down some units at its 247 Mbpd Gonfreville refinery in northern France following a technical incident.

Neste Jacobs completes EPC services for Skangas’ Pori LNG import terminal

Neste Jacobs has successfully carried out the engineering, procurement and construction project for Skangas’ LNG import terminal.

EU regulators halt Dow, DuPont merger review to gather data

EU antitrust regulators have halted their scrutiny of Dow Chemical Co and DuPont's proposed merger while the companies provide more information regarding their $130 B deal.