Europe
Frames to supply acid gas treatment unit for CB&I, CTCI JV
ALPHEN AAN DEN RIJN, The Netherlands — Frames was awarded an order from CB&I and CTCI to design and supply an acid gas treatment unit for the Liwa Plastics Industries Complex (LPIC) in the Sultanate of Oman.
France's Arkema looks to specialty chemicals to drive growth
(Reuters) — Chemicals company Arkema aims to increase its profitability by expanding its lucrative specialty chemicals business, the French company said on Tuesday.
Top Iran oil tanker firm NITC says shipments to Europe increasing
ISTANBUL (Reuters) — NITC, Iran's leading oil tanker operator, said on Monday its shipments to Europe were increasing daily and the company plans to upgrade its fleet to support expansion.
Shell sees rising investment in renewables
ISTANBUL (Reuters) — Royal Dutch Shell will be spending up to $1 B a year by 2020 on projects within its new energies division, Chief Executive Ben van Beurden told an industry conference on Monday.
Russia to keep cooperating with others to harmonize energy markets
HAMBURG (Reuters) — President Vladimir Putin said on Friday that Russia planned to keep cooperating with other countries to harmonize global energy markets and reduce price volatility.
Russian anti-trust body looks into diesel price hikes
MOSCOW (Reuters) — Russia's Federal Anti-Monopoly Service (FAS) is preparing an investigation into a suspicious increase in wholesale prices of diesel by domestic producers, a FAS official told Reuters on Thursday.
France to end sale of diesel and gasoline vehicles by 2040
PARIS (Reuters) — France aims to end the sale of gasoline and diesel vehicles by 2040 and become carbon neutral 10 yr later, Ecology Minister Nicolas Hulot said on Thursday at a presentation of measures to keep up momentum on the Paris climate agreement.
Neste renewable diesel supplied to Stara working machines, trucks
As part of Europe's largest coordinated advanced biofuels project BioSata, Neste provides Helsinki City Construction Services, Stara, with Neste MY Renewable Diesel to be used in Stara's working machines and trucks.
Oil rises after signs of US demand, but supply threat remains
LONDON (Reuters) — Oil rose on Thursday, recovering some ground after a surprisingly upbeat picture of US demand halted the previous day's slide, although the prospect of oversupply in 2018 prompted yet more analysts to cut their price forecasts.
SABIC appoints group to oversee decommission of 10 petchem plants
Work is underway to clear a suite of redundant assets in the North East of England, in one of the UK’s largest projects of its kind.
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