Europe
Neste implements NAPCON controller to Forchem Oy distillation plant
Neste Jacobs has implemented NAPCON Controller to Forchem Oy's tall oil distillation plant. Forchem Oy owns and operates a world scale tall oil distillation plant in the city of Rauma on the West Coast of Finland.
Russia to cut oil exports outside FSU by 380,000 t in Q1
MOSCOW (Reuters) -- Russia will cut oil exports to foreign markets outside the former Soviet Union (FSU) by 380,000 t in the first quarter of 2017 from the fourth quarter of 2016, oil pipeline monopoly Transneft said on Tuesday.
Three new reactors arrive at ExxonMobil's Rotterdam refinery
Three brand new reactors for ExxonMobil’s new hydrocracker arrived at the Rotterdam, Netherlands, refinery site last week. After the arrival of the vacuum tower early this fall, the arrival of the new reactors highlights the progress of the construction that is well underway at the Rotterdam refinery.
Neste enters Viking Line partnership to deliver low-sulfur fuel
Neste and Viking Line have entered into a partnership contract for the delivery of low-sulfur marine fuel in 2017. The contract covers Viking Line's Baltic Sea passenger ships.
Oil tanker firm Frontline sees strong start to 2017
OSLO (Reuters) -- Crude tanker operator Frontline expects strong demand for its vessels at the start of 2017 and could benefit from oil producers' pact to cut output if it forces Asian buyers to go further afield for supplies, its chief executive said.
Russia’s first catalyst test center opens at the Gazprom Neft refinery
Gazprom Neft has opened an engineering center for the testing of secondary-refining catalysts in Omsk. Russia’s first ever pilot facility for catalytic cracking has begun work within the center, allowing catalysts to be tested on various types of feedstock, as well as identifying the conditions and regimes most appropriate for catalytic cracking facilities throughout Russia’s refineries.
Death of diesel in passenger cars of limited concern to refiners
LONDON (Reuters) -- Even if the diesel engine's scandal-driven fall from grace pushes it out of the world's passenger cars, an increasing need for it on ships, in trucks and heavy industry could save the refineries that invested heavily in producing the fuel.
By shielding biggest buyer Asia from supply cuts, OPEC risks prolonging fuel glut
SINGAPORE (Reuters) -- OPEC's efforts to hold market share in Asia by keeping its customers, which take about two-thirds of its exports, supplied amid wider output cuts could prolong the global fuel glut and frustrate its attempt to bolster prices.
Polish regulator approves PGNiG gas price hike for Q1 2017
WARSAW (Reuters) -- Poland's biggest gas firm PGNiG will increase the price of high-methane gas it sells by 12.2% and the price of nitrogen-rich gas by 13.4% from the start of next year, the company said, citing an approval from energy regulator URE.
Shell, Varo in talks on German refinery stake sale
LONDON (Reuters) -- Royal Dutch Shell and Varo Energy are in advanced talks on the sale of Shell's 37.5% stake in the 220,000 barrels per day refinery in Schwedt, Germany, they said on Thursday.
- Valmet to acquire Severn Group to strengthen Process Performance Solutions segment 12/22
- World’s first dynamic green ammonia plant starts operations in Denmark 12/22
- Baker Hughes to supply liquefaction equipment for Commonwealth LNG export project 12/22
- China's November fuel oil imports up 15% from October 12/22
- API releases new recommended practice for the safe transport of CO2 by pipeline 12/22
- Azerbaijan sends first gasoline shipment to Armenia after decades of war 12/22
