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Europe

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.

Siemens manufactures world’s largest geared compressor rotor for Jazan IGCC

Siemens has manufactured and tested the largest geared compressor rotor in the world at its facility in Duisburg, Germany.

Total, Ecoslops study viability of maritime oil residue processing plant

Total and Ecoslops will conduct a feasibility study to determine the viability of a maritime hydrocarbon residue refinery as part of the La Mède transformation project.

Borealis considers new propane dehydrogenation plant in Belgium

Borealis will study the feasibility of a new propane dehydrogenation plant to be located at the existing Borealis production site in Kallo, Belgium.