Europe
BASF completes acquisition of Chemetall
Ludwigshafen, Germany – BASF has completed its acquisition of Albemarle’s global surface treatment business, Chemetall.
PKN ORLEN, Iranian Oil agreement commences
PKN ORLEN has purchased 1 million barrels of Iranian Light oil. It will be delivered to Naftoport in Gdańsk in January, to be then transported to the PKN ORLEN refinery in Płock.
G20 task force wants companies to come clean on climate risk
LONDON (Reuters) -- Companies will be asked to disclose how they manage the risks to their business from climate change and greenhouse gas emission cuts by a global task force set up to try to prevent market shocks from the warming of the planet.
Leaked report says slack management exposed BP to high safety risk
LONDON (Reuters) -- BP's refining operations are exposed to high safety risks that can lead to deadly accidents and pollution as a result of slack management and a lack of investment, according to a leaked internal report from 2015.
IEA: Oil demand to grow more swiftly, too early to assess global output cut
LONDON (Reuters) -- Global oil demand will rise more strongly than expected next year, although it is too soon to fully assess the impact of a joint cut in supply by the world's largest producers, International Energy Agency said on Tuesday.
Technip extends PTA alliance with BP to acetic acid
Technip announces today that it has extended its exclusive PTA Alliance with BP to acetic acid.
LiqTech to install water treatment system at DuPont facility
BALLERUP, Denmark -- LiqTech International, Inc. announced that the company has received a $350,000 order for the company´s water treatment systems for flue gas condensate. The order was received from DuPont and will be installed at their facility in Grindsted, Denmark.
Technip, Chemetry sign cooperation agreement for EDC technology
Technip and Chemetry have signed an exclusive cooperation agreement for the licensing and engineering of Chemetry’s eShuttle technology for the production of ethylene dichloride (EDC). EDC is a commodity chemical produced worldwide and used primarily for PVC plastic production.
OPEC, non-OPEC agree first global oil pact since 2001
VIENNA (Reuters) -- OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries.
Saudis order oil cuts to US, Europe before non-OPEC talks
VIENNA/SINGAPORE (Reuters) -- Saudi Arabia has told its US and European customers it will reduce oil deliveries from January as Russia signaled that a commitment from non-OPEC producers to join OPEC's output limits still faced challenges.
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