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Europe

China's Unipec to ship jet fuel from Asia to Europe in rare move

SINGAPORE (Reuters) — China's Unipec, the trading arm of state oil major Sinopec, is planning to ship jet fuel from Asia to Europe for the first time in several years, three industry sources told Reuters.

Oil comeback for cut-exempt producers threatens to swamp OPEC

LONDON (Reuters) — OPEC's battle against an oil glut is under threat as unsold crude from members Nigeria and Libya, which are exempt from a global production-cutting deal, is swamping the Atlantic Basin.

Oil shrugs off geopolitical tensions but some see red flags

LONDON (Reuters) — The oil price has ignored rising geopolitical tensions in the Middle East, as a three-year old crude surplus has wiped out any real fear over supply, but one of the world's largest security consultants says there are red flags the market cannot ignore.

Hydrocarbon Processing Awards recognize best in HPI

The downstream industry’s brightest minds gathered Wednesday evening to celebrate the winners of the 2017 Hydrocarbon Processing Awards.

EIA: US remains the world’s top producer of petroleum, natgas hydrocarbons

The US remained the world's top producer of petroleum and natural gas hydrocarbons in 2016 for the fifth straight year despite production declines for both petroleum and natural gas relative to their 2015 levels.

Linde wins major contract for olefin plant in Russia

MUNICH — Technology company The Linde Group has been awarded a major contract by PJSC Nizhnekamskneftekhim (NKNK) to supply an olefin plant in the city of Nizhnekamsk, located in the Republic of Tatarstan in the Russian Federation. Both partners officially signed the agreement in St. Petersburg, Russia.

IRPC Europe '17: Shell case study demonstrates VDU value maximization

VIENNA—On Day 2 of International Refining and Petrochemical Conference (IRPC) Europe, Jock Hughson, Licensing Technology Manager for Shell Global Solutions International BV, discussed how to maximize the value of a vacuum distillation unit (VDU) through a post-fractionation increase of vacuum gasoil (VGO) yield.

IRPC Europe '17: Scenes from day one

Check out scenes from the first day of IRPC Europe 2017.

IRPC Europe '17: European refiners look to preserve market share in expanding global industry

VIENNA—Viren Doshi, former Senior Vice President and Head of Oil and Gas Practice at Strategy&, discussed the market outlook for the European refining industry in a market keynote on Day 1 of International Refining and Petrochemical Conference (IRPC) Europe.

IRPC Europe '17: OMV exec examines challenges facing EU refining industry

Hydrocarbon Processing Staff: Blume, Adrienne

VIENNA—Director General of the UK Petroleum Industry Association Ltd. (UKPIA), Chris Hunt, delivered opening remarks on Day 1 of Gulf Publishing Company's International Refining and Petrochemical Conference (IRPC) Europe. Mr. Hunt invited attendees to network with one another during the conference against the beautiful backdrop of the Danube River.