Europe
Global Project Data
New project announcements have hovered in the low teens for several months.
Industry Metrics
US gasoline demand contributed to falling inventories. Operational problems at several refineries and the potential impact of a tropical storm strengthened margins.
Norway labor union threatens strike at refinery, gas plants
Workers at three onshore facilities serving Norway's oil and gas industry threaten to go on strike October 7, unless employers agree to a new wage deal.
German petroleum industry discusses future of electronic data exchange
Representatives of the major players in the German petroleum industry convened at Implico’s headquarters in Hamburg for the twelfth meeting of the IFLEXX Community.
Refinery maintenance eases diesel glut as Europe empties tanks
Traders are rapidly emptying diesel tanks in Europe's storage hub as refinery maintenance lowers global production, offering a brief respite for the heavily oversupplied market.
Moody’s predicts sustained negativity for refining industry
Moody's outlook for the refining and marketing industry in North America and Europe, the Middle East and Africa remains negative.
BASF to replace acetylene plant in Ludwigshafen
BASF is building a production plant for acetylene at its Ludwigshafen site. The plant will start up at the end of 2019 and replace the existing plant.
Neste to co-chair EU initiative for advanced biofuels in aviation
Henrik Erämetsä, Head of Aviation Regulation at Neste, has been appointed Co-Chair of the EU initiative 'the European Advanced Biofuels Flightpath' as a representative of the biofuels industry.
Hellenic Petroleum plans bond issue to refinance debt
Greece's biggest oil refiner Hellenic Petroleum is looking to issue new debt in October to refinance a $561.70 MM bond due May, 2017.
BASF introduces portable FCC catalyst addition system in Europe
BASF has introduced a new patented portable fluid catalytic cracking catalyst addition system for refinery catalysts.
- 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
- South Korea petrochemical firms on track to cut up to 3.7 MM tons of output 12/22
- MOL and JERA sign HoAs for the charter of ammonia carriers 12/22
- China's November fuel oil imports up 15% from October 12/22
