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Europe

Amec awarded Al-Zour, Kuwait petchem contract

Amec Foster Wheeler announced the award of a contract by Petrochemical Industries Company K.S.C., a subsidiary of the Kuwait Petroleum Company, for the integration project between its Olefins III, Aromatics II and ZOR Refinery in the State of Kuwait. The contract covers Front-End Engineering Design (FEED) leading to Project Management Consultancy (PMC) for the project.

Aeromon demos drone measurement platform for emissions mapping

HELSINKI, Finland -- Aeromon, a Finnish cleantech startup that utilizes analytics platform and mobile sensors to flexibly map emissions in real-time, demonstrated the effectiveness of drone-mounted platforms for measuring industrial emissions.

Amec awarded Eni contract for ‘green’ refinery conversion

Amec Foster Wheeler announced that it has been awarded a lump sum turn-key contract in excess of €50 million by Eni SpA for the engineering, procurement and construction of a new steam reforming plant for hydrogen production to be built at its refinery at Gela, Italy.

STAR ’17: ‘Design Exploration’ leads the way

Hydrocarbon Processing Staff: Andrew, Bob

BERLIN -- STAR Global Conference 2017 wrapped after two days of user presentations in five parallel tracks. Session themes included ground transportation, powertrain, automotive, internal combustion engines, aerospace, marine, life sciences, electronics & electrification, buildings, chemical process industry, oil & gas and energy.

E.ON blames costs beyond its control for UK fuel price hike

LONDON (Reuters) -- E.ON UK will raise its standard variable dual-fuel prices by 8.8% from April 26, affecting around 2.5 million customers, the British arm of German utility E.ON said.

CERAWeek ’17: IEA expects global oil demand to rise, outpace supply after 2020

Hydrocarbon Processing Staff: Smith, Ashley

HOUSTON -- Global oil demand will continue to rise in the next five years, dominated by India and Asia, the International Energy Agency said Monday, March 6, during the first day of CERAWeek in Houston.

Oil whipsaws as production seen rising, more OPEC cuts discussed

NEW YORK (Reuters) -- Oil prices whipsawed Monday, turning negative after the International Energy Agency forecast potential shale oil growth and waning European refined product demand, which bodes poorly for global efforts to remove a glut.

Avantium to raise at least 90 million euros in IPO

AMSTERDAM (Reuters) -- Avantium, a Dutch company that has developed technology for making plastic from sugars rather than petrochemicals, said on Monday it hopes to raise at least 90 million euros in an initial public offering, giving it a market capitalization of $279.95 million.

STAR '17: Conference kicks off with the power of digital

Hydrocarbon Processing Staff: Andrew, Bob

The 17th STAR Global Conference got underway March 6 in Berlin, Germany with plenary sessions from CD-Adapco and Siemens PLM leadership.

Global Project Data

Hydrocarbon Processing Staff: Nichols, Lee

According to <i>Hydrocarbon Processing’s</i> Construction Boxscore Database, more than $400 B is being invested in active petrochemical projects around the world.