Management
Dow to close three European chemical plants, cut 800 jobs
Dow Chemical will shut down three chemical plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said. The company said the shutdowns will remove higher-cost, energy-intensive portions of Dow's portfolio in Europe.
Gunvor plans to halt oil terminal activities at Europoort refinery
Global commodities trading house Gunvor intends to mothball the terminal activities at its Europoort oil refinery in Rotterdam, Netherlands
Brazil's Petrobras to invest $4.8 B in integration between Reduc refinery and Boaventura complex
Brazilian state-run oil firm Petrobras will invest 26 billion reais ($4.8 billion) in an integration between the Reduc refinery and the Boaventura energy complex in Rio de Janeiro state.
UK's insolvent Lindsey oil refinery secures some crude supply to keep running for now
Britain's insolvent Lindsey oil refinery has secured some crude supplies to stave off immediate closure, the UK energy ministry said, but a source familiar with the situation said the agreement with supplier Glencore was limited.
Studi Tecnologie Progetti S.p.A. signs agreement to upgrade Attock refinery in Pakistan for $600 MM
Studi Tecnologie Progetti S.p.A. announced that it has signed a $600-MM contract with Attock Refinery Ltd. for the modernization of the Rawalpindi refinery in Pakistan.
OCI Global completes $1.9-B sale of OCI Methanol to Methanex Corporation
OCI Global announced the successful closing of the divestment of 100% of its equity interests in its Global Methanol Business (OCI Methanol) to Methanex Corporation (Methanex) for $1.9 B.
UK's Lindsey oil refinery insolvent, 420 jobs at risk
Britain's Lindsey oil refinery has begun insolvency proceedings, putting hundreds of jobs at risk and potentially increasing the country's reliance on fuel imports just weeks after its Grangemouth refinery stopped processing oil.
SABIC announces closure of Olefins 6 facility in Teesside, UK
SABIC will permanently close its Olefins 6 facility at the Wilton site. Operating since 1979, the plant has been a major part of the region’s chemical manufacturing landscape for decades.
3t introduces landmark training to empower women in Saudi Arabia’s energy sector
3t, a global leader in training and blended learning for high-hazard industries, has unveiled a pioneering initiative to empower women in Saudi Arabia’s energy sector.
- Shell Aviation, Accenture, and Amex GBT expand Avelia into a multi-supplier SAF solution 7/16
- ORLEN and Krajowa Grupa Spożywcza sign MoU to accelerate biomethane production in Poland 7/16
- New plants, U.S. trade worries to drive China's 2025 naphtha imports to record 7/16
- Blue Water significantly reduces CO2 emissions by switching to HVO in port operations 7/16
- Swire Shipping launches new carbon insetting program – ‘Voyage to Zero’ 7/16
- China's surplus crude oil surges in June, giving refiners options 7/16
