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Europe

Carbon Clean Solution, Veolia partner for large-scale CO2 capture, industrial re-use

Veolia, the global leader for optimized resource management, announced the signing of a new partnership agreement with Carbon Clean Solutions Limited (CCSL), a global leader in low-cost carbon capture technology, for the large-scale rollout of CCSL’s patented carbon dioxide (CO2) separation technology.

Egypt to halve arrears with oil companies in coming weeks

RAVENNA, Italy (Reuters) -- Egypt expects to cut the $3.5 B euros it owes to international oil companies by around half in coming weeks, the Egyptian oil minister said on Wednesday.

China, EU reaffirm climate action after Trump backs away

BEIJING/OSLO (Reuters) -- Nations led by China and the European Union rallied around a global plan to slow climate change on Wednesday after US President Donald Trump began undoing Obama-era plans for deep cuts in US greenhouse gas emissions.

BP sees trading benefits from oil boom in the Americas

LONDON (Reuters) -- Oil major BP expects its trading operations to benefit from growing global crude trade on the back of abundant US, Canadian and Brazilian production and rising energy demand in Asia, a top BP executive said.

Neste Jacobs technology to be implemented at Haltermann Carless German site

Neste Jacobs, a global provider of technology, engineering and project services and Haltermann Carless, an HCS Group brand and provider of specialty hydrocarbons, have agreed to plan and engineer an upgrade and expansion of the Haltermann Carless' production site in Speyer, Germany. The parties have also signed a Letter of Intent for the EPCM services to be provided by Neste Jacobs.

EU backs $130-B Dow, DuPont merger with asset sales plan

(Reuters) -- Dow Chemical and DuPont won the blessing of the European Union for their $130 billion merger on Monday by agreeing to sell substantial assets including key research and development activities.

BB Energy buys Morgan Stanley's diesel terminal in Australia

LONDON (Reuters) -- BB Energy has bought Morgan Stanley's diesel terminal in Australia as the oil trader expands outside its core European and Middle East markets, the trading company said on Tuesday.

Neste Jacobs delivers NAPCON solutions to Borealis Porvoo cracker

Technology, engineering and project management company Neste Jacobs has finished the upgrade of Borealis Porvoo Cracker Dynamic Real-Time Optimization (DRTO) and Advanced Process Control (APC) with NAPCON Optimizer and NAPCON Controller. Borealis cracker unit's existing APC and DRTO were upgraded to the latest version of NAPCON Controller and NAPCON Optimizer.

OPEC, non-OPEC to look at extending oil-output cut by six months

KUWAIT (Reuters) -- A joint committee of ministers from OPEC and non-OPEC oil producers has agreed to review whether a global pact to limit supplies should be extended by six months, it said in a statement on Sunday.

Native Americans to meet Norway's wealth fund watchdog over pipeline

OSLO (Reuters) -- Standing Rock Sioux tribe representatives will meet the ethics watchdog for Norway's $915 billion sovereign wealth fund on Monday over a US oil pipeline, a watchdog official said on Monday.