Europe
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.
Asia's booming diesel market draws rare European cargoes
LONDON/SINGAPORE (Reuters) — Oil traders are shipping diesel out of Europe to Asia and the Middle East where strong demand and tighter supplies have boosted prices, in a rare arbitrage that reverses traditional routes.
Saudi Aramco, France's Total study mixed feed cracker
KHOBAR, Saudi Arabia (Reuters) — Saudi Aramco and France's Total are considering building a mixed-feed cracker and derivatives in Jubail, near their joint refining complex, industry sources said.
Oil eases on US holiday after 8 days of gains
LONDON (Reuters) — Oil prices fell on Tuesday, as investors booked profits on an eight-day rally that was triggered by tentative signs that a persistent rise in US crude production may be slowing.
Azerbaijan ships 733,664 t of oil via Russia in H1 2017
BAKU (Reuters) — Azerbaijan's oil shipments via Russia jumped to 733,664 t in the first half of the year from 479,730 t in the same period last year, state oil company SOCAR said on Tuesday.
Total nears deal to invest up to $2 B in Iran's petrochemical industry
LONDON (Reuters) — Total and Iran have reached a preliminary agreement to build three petrochemical plants in a deal that if finalized could see the French oil major investing up to $2 B in Iran, an Iranian oil industry official said on Tuesday.
- 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
- LanzaJet produces first jet fuel from ethanol at a commercial scale 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
