Europe
Russia keeps spot as China's top oil supplier for sixth month
BEIJING (Reuters) — Russia beat Saudi Arabia to become China’s top crude oil supplier for a sixth month in August, as independent refiners ramped up purchases and as state-owned refiners bought seaborne shipments from the Russian Far East port of Kozmino.
Enterprise: US oil exports to meet 5% of non-US global demand by 2022
SINGAPORE (Reuters) — Crude oil exports from the United States will increase to meet 5% of global demand by 2022, as refiners seek more low-sulfur crude to meet stricter rules for cleaner fuels, an executive from Enterprise Partners LP said on Monday.
French unions block fuel depots in protest against labor reforms
PARIS (Reuters) — French trade unionists blocked access on Monday to several fuel depots in protest against an overhaul of employment laws, seeking to test the government's will to reform the economy.
OPEC says winning battle to curb oil glut
VIENNA (Reuters) — OPEC and other oil producers are clearing a glut that has weighed on crude prices for three years and may wait until January before deciding whether to extend their output curbs beyond the first quarter of 2018, ministers said on Friday.
LyondellBasell begins production at new PP compounding plant in China
HOUSTON and ROTTERDAM, The Netherlands — LyondellBasell announced the successful startup of a new 20 ktpy polypropylene (PP) compounding plant in Dalian, China. This is the company's third facility in China, strategically located to serve the region's growing automotive market.
Stuttgart Airport ground fleet vehicles now fueled by Neste renewable diesel
Stuttgart Airport has started using Neste MY Renewable Diesel as a solution to reduce its CO2 emissions and as part of the climate program of Baden-Württemberg's state airport in Germany.
Russia set to pipe more oil to China, stepping up race with Saudis
BEIJING/MOSCOW (Reuters) — Chinese oil refineries are gearing up to receive more Russian oil transported through an expanded Siberian pipeline network from January, likely cementing Russia's position as China's largest oil supplier in a close race with Saudi Arabia.
Russia's Lukoil puts Italian refinery up for sale
LONDON (Reuters) — Lukoil is seeking to sell its ISAB oil refinery complex in Italy as part of the Russian firm's review of its overseas operations, two industry sources said on Wednesday.
Oil up 2% despite US crude build; set for best Q3 since 2004
NEW YORK (Reuters) — Oil prices rose nearly 2% on Wednesday, despite a rise in US crude inventories, with the market heading for its largest third-quarter gain in 13 yr after the Iraqi oil minister said OPEC and its partners were considering extending or deepening output cuts.
Baker Hughes, KBC partner on integrated process, operational software solutions
PARIS — Baker Hughes, a GE company and KBC a wholly owned subsidiary of Yokogawa Electric Corporation, announced a preferred partnership that will provide a combination of process simulation, asset performance management and operational software solutions to the oil and gas industry.
- INEOS to invest €250 MM in Lavera cracker modernization project in France 11/19
- BASF adds ISCC EU certification to certified biomass-balanced methanol portfolio 11/19
- Siam Cement to invest an additional $500 MM in Long Son chemical complex 11/19
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
