Europe
Oil rebounds from near 2017 lows on falling US crude stocks
LONDON (Reuters) -- Oil prices rebounded from near 2017 lows on Wednesday after preliminary data showed a much larger-than-expected fall in US crude stocks, reviving bullish sentiment about easing oversupply.
TechnipFMC awarded EPC contract for sulfate reduction plant in Abu Dhabi
LONDON, PARIS, HOUSTON — TechnipFMC has been awarded by Zakum Development Company an Engineering, Procurement and Construction contract for a sulfate reduction plant on West Island located offshore Abu Dhabi, United Arab Emirates (UAE).
UK oil lobby warns May post-Brexit tariffs could double trade costs
LONDON (Reuters) -- The cost of Britain's oil and gas trade with the rest of the world could nearly double if the country fails to agree new tariffs when it leaves the European Union, the country's oil lobby group has warned Prime Minister Theresa May.
Russia's Evraz to supply pipes for Kinder Morgan's pipeline expansion
(Reuters) -- Evraz Plc, Russia's No. 2 steelmaker, signed an agreement with Kinder Morgan Inc to supply about 250,000 metric t of pipe to the US pipeline company for the expansion of the Trans Mountain pipeline.
German minister to try to persuade US to remain in climate pact
BERLIN (Reuters) -- German Environment Minister Barbara Hendricks said on Tuesday she would seek to convince the administration of US President Donald Trump to remain part of the Paris Climate Agreement during her trip to the United States later this month.
Gas leak at chemical firm Ineos contained at Scotland's Grangemouth
EDINBURGH (Reuters) -- A gas leak inside chemical firm Ineos' Grangemouth site in Scotland was successfully contained on Tuesday after emergency services rushed to the scene, police said.
Alfa Laval to supply heat exchangers to China refinery
LUND, Sweden -- Alfa Laval has won an order to supply compact heat exchangers to a refinery in China. The order has a value of approximately SEK 210 MM. It is booked in the Welded Heat Exchangers unit of the Energy Division, with deliveries scheduled for 2018.
Vitol to acquire Rotterdam splitter from Koch Supply & Trading
LONDON (Reuters) -- Commodities trader Vitol has agreed to buy an 85,000-bpd condensate splitter in the Netherlands from Koch Supply and Trading, a subsidiary of US conglomerate Koch Industries, Vitol said in a statement on Tuesday.
Equipment critical analysis: The need for an effective maintenance program
Oil refineries and large petrochemical plants contain thousands of pieces of process and utilities equipment that are subject to wear, erosion, deterioration, aging, etc., resulting in increasing breakdowns and outages. Imagine being a maintenance engineer and receiving 50 work orders during an overhaul with a limited budget, time, labor, spare parts, tools, machines, etc. How does that engineer prioritize the work?
HP announces launch of IRPC Europe, WGLC Europe, and HP Awards in Vienna
Three co-located events allow for ease of networking and attendance in one of Europe’s most renowned cultural and artistic centers.
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- Sinochem says Quanzhou refinery to resume operations soon 1/13
- China's heavy reliance on Iranian oil imports 1/13
- Russia's diesel exports jump 40% in December on higher fuel output 1/13
- Indonesia launch of B50 biodiesel depends on crude oil, palm oil prices 1/13
- Marine fuel sales in Singapore bunker hub scale fresh highs in 2025 1/13

