Aker Solutions won strategically important contracts for concept studies for carbon capture at Yara's ammonia plant on Herøya and Norcem's cement production facility in Brevik, Norway.
LONDON/SINGAPORE (Reuters) -- OPEC production cuts have created record Asian demand for European oil and made China the second biggest consumer of North Sea crude as flows from its usual Middle East suppliers dip.
LONDON (Reuters) -- The British government has failed in a legal bid to delay the publication of its plan to tackle air pollution until after the general election on June 8.
FRANKFURT (Reuters) -- German chemicals giant BASF said it would continue to push for acquisitions to shore up its crop protection business, after the antitrust-related sale of assets from the merger of Dow Chemical and DuPont left it empty-handed.
TASHKENT (Reuters) -- Uzbekistan started construction of a $2.2 B refinery on Thursday, which will use oil imported from Russia and Kazakhstan, state news agency UzA reported.
LONDON (Reuters) -- BP has agreed to sell its 50% stake in the Shanghai SECCO Petrochemical Company to a subsidiary of its joint venture partner Sinopec for $1.68 B, the British oil major said.
FRANKFURT (Reuters) -- Daimler on Wednesday reiterated that recent steps by United States authorities to investigate diesel emissions pollution and so-called auxiliary emission control devices could lead to significant penalties and vehicle recalls.
LONDON/NEW YORK (Reuters) -- US East Coast refineries are stepping up exports of diesel despite a regional deficit of the fuel as strong overseas demand, particularly in Europe, is proving more profitable.
SINGAPORE (Reuters) -- European trader Trafigura has bought 55,000 t of naphtha from India's Reliance Industries for end-May loading from Sikka, adding to its unusually high purchases of the fuel from the Singapore cash market, traders said on Wednesday.
While the term “environmentally conscious” doesn’t spring forth images of the oil and gas industry, the fact is, the industry is consistently implementing new ways to reduce its carbon footprint, integrating new fuels into its business and updating its refineries with newer, environmentally friendly technology.