Europe
HP Construction: Africa
ABB has started up a new lube-oil blending plant (LOBP) built by Oryx Lubrifiants Togo SA, an affiliate of Oryx Oil and Gas, part of the Addax and Oryx Group, in Togo, West Africa. Located in the free..
Update on valves used in hydrogen service
Recommended practices can better scrutinize performance issues such as design, packing and metallurgy to mitigate failures.
BP may sell stake in Russian crude venture TNK-BP
BP said Friday that it had received unsolicited indications of interest regarding the potential acquisition of its 50% stake in Russian crude oil venture TNK-BP. The company was formed in 2003 as the result of the merger of BP’s Russian oil and gas assets and the assets of Alfa Access Renova.
Eni rebrands Italy chemicals unit as Versalis, plans €1.6bn of investments
Eni has rebranded its Italy-based chemicals division as Versalis while setting forth a €1.6bn investment plan through 2015. The prior name was Polimeri Europa. The new figure is 60% more than the older plan.
HB Fuller to close five adhesives plants in Europe
HB Fuller will close five manufacturing facilities in Europe and cut about 100 jobs in sales, finance, customer service and research and development (R&D). The facilities scheduled for closure are: Chatteris, UK; Pirmasens, Germany; Vigo, Spain; Borgolavezzaro, Italy; and Wels, Austria.
Gunvor to buy idled Petroplus refinery in Germany
The trader says its purchase of the 100,000 bpd Ingolstadt refinery is in line with an infrastructure investment program and a company strategy to become vertically integrated.
Petroplus refinery in UK poised to shut down after no buyer found
The permanent closure of Petroplus’ Coryton refinery in England has become more likely after the plant's administrator said Monday it has been unable to sell or refinance it, but the UK government said any closure was unlikely to result in fuel shortages. The refinery will be idled in a matter of days.
Shale boom at risk over environment concerns
The IEA report shows how the shale gas industry, which has dramatically altered the US energy landscape, stands at a tipping point to determine how it spreads worldwide.
BP confirms more limited scope for key European natural gas pipeline
UK energy giant BP confirmed that a key European pipeline project to import natural gas from Azerbaijan, called Nabucco, will be of much more limited scope than hoped and reach only Europe's border with Turkey. The decisions mark the end of a key strategic initiative in the region.
Eastman Chemical wins EU approval for Solutia buy
The European Commission has cleared the proposed acquisition of Solutia by Eastman Chemical, the competition watchdog group said. The merger is not expected to result in any substantial change in the markets concerned since Solutia is not a customer of Eastman in the EEA.
- OCI Global completes $1.9-B sale of OCI Methanol to Methanex Corporation 6/30
- Partnership for sustainability: Pekutherm and POLYVANTIS launch circular economy initiative 6/30
- Univation Technologies and C3 AI collaborate to deliver enterprise AI solutions for advanced predictive maintenance across the global petrochemical industry 6/30
- Lloyd’s Register signs strategic collaboration with DAI Infrastruktur for green ammonia Project Ra 6/30
- Alleima expands product portfolio for the urea industry with SAF™ 2906 6/30
- UK's Lindsey oil refinery insolvent, 420 jobs at risk 6/30
