Europe
Wood Group estimates higher cost savings from Amec Foster deal
(Reuters) -- Oil services company John Wood Group Plc said it expected about 36% more cost savings from its deal to buy Amec Foster Wheeler Plc for $2.7 B than it first estimated when announcing the deal in March.
ExxonMobil completes heavy lift of hydrocracker tower at Rotterdam refinery
ROTTERDAM -- ExxonMobil successfully completed the heavy lift of its vacuum fractionation tower for the hydrocracker at its Rotterdam refinery this April.
ABB buys B&R, puts company No. 2 in processing, industrial sector
ZURICH (Reuters) -- Swiss engineering group ABB has bought Austrian industrial automation company Bernecker & Rainer, a move that fits in with its strategy of expanding its products to better challenge German rival Siemens on the factory floor.
Transneft could raise oil exports to Belarus from April
MOSCOW (Reuters) -- Russia's Transneft has the technical capacity to pump 24 MMt of oil to Belarus this year and could start pumping additional volumes from April, an official at the oil pipeline monopoly told Reuters on Tuesday.
Rosneft takes first shipment of Kurdish oil for refining system
LONDON (Reuters) -- Russian state oil giant Rosneft will buy its first shipment of oil from Iraq's Kurdistan in early April, becoming the first oil major to take Kurdish crude directly into its refining system, trading sources said on Friday.
IEA says oil prices will not jump sharply, despite OPEC supply cuts
NEW DELHI (Reuters) -- The International Energy Agency does not expect a major increase in global oil prices despite efforts by OPEC and non-OPEC members to reduce output, its executive director Fatih Birol told Reuters.
ExxonMobil Chemical to expand global hydrocarbon fluids capacity by 250 Mtpy
HOUSTON -- ExxonMobil Chemical Company, a division of ExxonMobil Corporation, announced that it is expanding the capacity of its global hydrocarbon fluid assets by more than 250 Mtpy at its world-scale petrochemical sites in Antwerp, Belgium; Baytown, Texas; and Jurong Island, Singapore.
Rosneft-led deal to buy India's Essar delayed, seen closing in April
NEW DELHI/MOSCOW (Reuters) -- The purchase of Indian refiner Essar Oil by a consortium led by Russian oil company Rosneft has been delayed, the two sides said on Friday, because some Indian lenders to Essar have yet to sign off on the deal.
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.
- Southern Energy Renewables and Axens Sign MoU to advance SAF projects in Louisiana and beyond 4/8
- One of the largest heat pumps in the world has reached BASF's Ludwigshafen site 4/8
- LANXESS introduces surcharge for Lewatit ion exchange resins 4/8
- HyOrc secures industrial site and accelerated permitting path for Portugal green methanol project 4/8
- India raises HPCL Rajasthan Refinery project cost to $8.6 B 4/8
- Iranian Oil Refining Co. confirms attack on Lavan refinery 4/8
