Europe
Total nears deal to invest up to $2 B in Iran's petrochemical industry
LONDON (Reuters) — Total and Iran have reached a preliminary agreement to build three petrochemical plants in a deal that if finalized could see the French oil major investing up to $2 B in Iran, an Iranian oil industry official said on Tuesday.
Tanker and cargo ship collide in Channel, no injuries, spills reported
LILLE, France (Reuters) — An oil tanker and a cargo ship collided in the Channel east of the British port of Dover early on Saturday, but no injuries or pollution were reported, regional French maritime authorities said.
Enhanced flash zone design for coker fractionators
Since the flash zone is the first process undergone by the coke drum effluent vapor upon entering the column, the operation of the flash zone is critical to the operation of the entire coker fractionator column.
Could your facility benefit from a marine terminal assessment?
How sure would a terminal manager at a distribution terminal, or a line manager at a refinery or a chemical plant that has marine loading and unloading docks, be that those docks are being operated at a level that ensures long-term safe performance?
OPEC oil output jumps to 2017 high as Nigeria, Libya pump more
LONDON (Reuters) — OPEC oil output has risen in June by 280,000 bpd to a 2017 high, a Reuters survey found, as a further recovery in supply from the two member countries exempt from a production-cutting deal offset strong compliance by their peers.
Takeover target Amec to retain European nuclear business
(Reuters) — Oil services company Amec Foster Wheeler Plc, which is being bought by peer John Wood Group Plc, said on Thursday it had decided to retain its European nuclear unit and sell its North American business.
Oil prices edge up to two-week high on dip in US output
NEW YORK (Reuters) — Oil futures edged up less than 1% after hitting a two-week high on Thursday, extending a rally into a sixth straight session after a decline in weekly US crude production temporarily alleviated concerns about deepening oversupply.
Concordia Maritime signs time charter contract for P-MAX Tanker
GÖTEBORG, Sweden — Concordia Maritime has signed a contract to charter out the P-MAX tanker Stena Paris. The contract is for one year, with an option for a further year, and runs from July 2017 to July 2018. The contractual partner is one of the world's largest oil and gas companies.
UAE energy minister says no talk about further OPEC supply cuts
PARIS (Reuters) — There is no talk of further oil output cuts by the Organization of the Petroleum Exporting Countries and its allies despite only a slow drawdown in inventories, the United Arab Emirates' energy minister said on Thursday.
US thirst for European gasoline stalls, casting shadow on demand
LONDON (Reuters) — Europe's steady exports of gasoline to the United States have slowed substantially this year as tanks filled in the world's largest consumer nation and once-meteoric demand growth slowed.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
